AK Steel Buys Coal Company to Control Costs at Plants in Kentucky, Ohio

by Dan Conti, Kentucky Public Radio AK Steel is buying a Pennsylvania coal company in a deal designed to help control raw material costs at its Ashland, Kentucky and Middletown, Ohio plants. Company president James Wainscott announced today that the firm has acquired Solar Fuel Company of Somerset County, Pennsylvania for $36 million. Wainscott says […]

The Driving Force Behind Recent Coal Mergers? Metallurgical Coal

The coal industry and politicians have done a good job making it clear that Kentucky is a coal state. But not all coal is equal. Not chemically, not geologically and not financially. ¬†And some types of coal are much more valuable than others. The relative value of different types of coal is one force behind […]