SunCoke plans to up N. American market share

Jun 25, 2013 | 01:16 PM | Stacy Irish

Tags  Frederick Henderson, SunCoke Energy, coke, iron ore, Stacy Irish

NEW YORK — International coke producer SunCoke Energy Inc. plans to increase its share of the U.S. and Canadian coke market, chairman and chief executive officer Frederick "Fritz" Henderson said in a recent interview with AMM sister publication Steel First.

"We see significant opportunity to grow our share of the U.S. and Canadian coke market, both organically through permitting and development of a new greenfield facility and through the potential acquisition of existing coke batteries," Henderson said.

"In our review of the roughly 20 million tons of coke-making capacity in the United States and Canada, we’ve identified roughly 4 million tons of capacity that we think could potentially be acquired," he said. "(This is) capacity that meets our criteria relative to the competitiveness of the customer purchasing the coke, the blast furnace being supplied and the overall condition of the coke-making asset."....

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