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Teck Resources (TECK) Q2 Steelmaking Coal Sales Down Y/Y

Teck Resources Limited (TECK - Free Report) provided an update on its second-quarter 2023 steelmaking coal sales volumes and realized prices.

Teck Resources’ second-quarter steelmaking coal sales were 6.2 million tons in the June-ended quarter, lower than the volume of 6.3 million reported in the year-ago quarter. The figure matched the low end of the company's guidance which was in the band of 6.2-6.6 million tons.

Teck Resources reported an average realized steelmaking coal price of $264 per ton in the second quarter of 2023. This marked a fall in steelmaking coal prices from $282 per ton in the first quarter of 2023.