Acquisition And DiversificationSunCoke Energy announced it has entered into an agreement to acquire Phoenix Global, a provider of services to major steel companies, which will allow for business diversification.
Financial StabilityPhoenix Global's long-term contracts with limited commodity price exposure align well with SunCoke Energy's business model, reducing financial risk.
Operational GuidanceManagement reaffirmed all prior full-year operational guidance ranges, indicating confidence in meeting future targets.