UBS says more U.S. coal production cuts are coming and that thermal demand is waning due to weather and natural gas fuel switching. The firm expects a material impact to thermal producer estimates and sizable cuts at Arch Coal (ACI +0.5%) and for Alpha Natural (ANR +1.2%), Patriot Coal (PCX +0.5%) and James River Coal (JRCC -4.3%) to adjust production also.
UBS says more U.S. coal production cuts are coming and that thermal demand is waning due to...
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