Corsa encountered challenges at Casselman, monitors met market movement

摘要

Pennsylvania producer Corsa Coal sold 65,000 tons of metallurgical coal during the three months ended February 29 at an average realized price of $158/ton. The company acknowledged in its most recent financial report the slings and arrows aimed at coal in general."It has been a challenging six months in the coal industry," Don Charter, president and CEO, said. But while he conceded that "the industry slowdown has affected us like everyone else," he added that Corsa has "continued to ship coal in the second quarter with expectations of doing the same or higher volumes" as in the prior period.