Ramaco CEO Blames Chinese Steel Dumping for Quarterly Loss

The U.S. met coal producer reported a $18.3 million loss as weak global steel prices weigh on demand and margins. 

Rolls of steel are seen at a steel market in Fuyang, in China's eastern Anhui province on Feb. 10, 2025. (Photo by AFP) / China OUT Photo by -/AFP via Getty Images

U.S. metallurgical coal producer Ramaco Resources reported a quarterly loss, blaming weak prices on Chinese steel overproduction and dumping.

Ramaco, based in Lexington, Kentucky, posted a net loss of $18.3 million, or 30 cents per share, for the first quarter of 2026.