The company states: "Our fourth quarter steelmaking coal sales were 4.3 million tonnes, below previously disclosed guidance of 5.0-5.4 million tonnes. Extreme cold weather during December across western Canada negatively impacted rail performance, rail car unloading and overall port performance, resulting in sales volumes below expectations. The realized steelmaking coal price in the fourth quarter averaged $278 per tonne. We expect to report provisional pricing adjustments of negative $10 million in the fourth quarter."
Published first on TheFly
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