Pittsburgh (Platts)--11Dec2012/317 pm EST/2017 GMT

SunCoke Energy anticipates lower 2013 results due to a $40/short ton average sales price decline in its metallurgical coal mining segment.

The Lisle, Illinois-based coke producer, which issued full-year 2013 guidance Tuesday, said it expects adjusted EBITDA for 2013 to be between $205-230 million, down about $40-50 million from 2012.

SunCoke said it also anticipates 2013 domestic coke production to exceed 4.3 million st, representing another year of 100% capacity utilization. It forecasted coal sales increasing slightly to 1.7 million st from 2012's 1.5 million st.

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CEO Fritz Henderson said the startup this year of SunCoke's Middletown, Ohio, cokemaking operation made a "substantial contribution" to its results.

In addition, the company said it has made "tangible progress" in its growth strategy, including a planned cokemaking joint venture with VISA Steel in India and the filing of a permit application to possibly build another US cokemaking facility.

--Nicholas Tolomeo, nicholas_tolomeo@platts.com
--Edited by Robert DiNardo, robert_dinardo@platts.com

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