Arch, Peabody Jump On Growing Chinese Steel Demand
Arch Coal (ACI), Peabody Energy (BTU) and Alpha Natural Resources (ANR) were up in afternoon trading Thursday on the hopes demand from Chinese steel makers may rise. Arch Coal shares surged 11% to 7.64, Peabody shares jumped 8% to 25.93 and Alpha Natural shares climbed 12% to 8.20. Growth in China has been cooling during the last quarter and prices for coal have fallen on weak demand. But Dahlman analyst Daniel Scott sees Chinese spot steel
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here