Teck Resources provided updated guidance for its expected realized metallurgical coal price and an update on its estimated sales volumes for the fourth quarter of 2017. The fourth-quarter 2017 price index for steelmaking coal volumes sold under quarterly contract on the basis of the average of three assessments for the period September through November, is now established at $191 per metric ton (mt). Teck expects to realize an average price, for all tons sold in the quarter, of approximately $165/mt to $170mt.
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