Moody’s downgrades Arch Coal amid tough market conditions

摘要

Moody’s downgraded Arch Coal Inc. this week, citing continuednstress on the coal sector and an “untenable” company capitalnstructure in the current commodity pricing environment. In anseparate report on Arch, Fitch Ratings said the coal industry isnconsolidating and it should benefit supply/demand dynamics in thenlonger term.