BRIEF: Arch Coal Inc Sees Indications That U.S. Coking Coal Mine Costs Are Shifting Higher

Arch Coal - While U.S. coking coal output bounced in Q2, the continued downward pressure on supply is expected, especially given recent pullback in pricing
BRIEF: Arch Coal Inc Sees Indications That U.S. Coking Coal Mine Costs Are Shifting Higher
* ARCH COAL INC - INDICATIONS THAT U.S. COKING COAL MINE COSTS ARE SHIFTING HIGHER

* ARCH COAL - EXPECT CHINA TO CONTINUE TO IMPORT SIGNIFICANT VOLUMES OF SEABORNE COKING COAL, EVEN IF CHINESE HOT METAL PRODUCTION IS REACHING A PEAK

* ARCH COAL - AUSTRALIAN COKING COAL EXPORTS REMAIN MUTED DESPITE CONTINUED STRENGTH IN COKING COAL PRICES

* ARCH COAL - WHILE U.S. COKING COAL OUTPUT BOUNCED IN Q2, WE EXPECT CONTINUED DOWNWARD PRESSURE ON SUPPLY, ESPECIALLY GIVEN RECENT PULLBACK IN PRICING

* ARCH COAL - PROJECT THAT 76 MILLION TONS OF GLOBAL COKING COAL CAPACITY MUST BE ADDED BY 2025 TO MEET GROWING SEABORNE DEMAND

* ARCH COAL - CAPITAL SPENDING AT AUSTRALIAN COKING COAL MINES REMAINS MUTED

* ARCH COAL - INDIA IS ON TRACK TO BECOME THE WORLD'S LARGEST IMPORTER OF COKING COAL IN THE NEAR FUTURE

* ARCH COAL - GLOBAL STEEL DEMAND CONTINUES TO SURPRISE TO THE UPSIDE