SunCoke Energy, Inc.

Good day and thank you for standing by. Welcome to the Suncoke Energy second quarter 2021 earnings call. At this time all participants are in a listen only mode. After the speaker's presentation there will be a question and answer session. To ask a question at that time you will need to press star 1 on your telephone. Please be advised that today's conference is being recorded. If you require any further assistance please press star 0. I would now like to hand the conference over to your speaker, chance to move AgriWall. Please go ahead.

Thanks, Kathy. Good morning, and thank you for joining us this morning to discuss Suncook Energy's second quarter 2021 results. With me today is Mike Rippey, President and Chief Executive Officer. Following management's prepared remarks, we'll open the call for Q&A. This conference call is being webcast live on the investor relations section of our website, and a replay will be available later today. If we don't get to your questions on the call today, Before I turn things over to Mike, let me remind you that the various remarks we make on today's call regarding future expectations constitute forward-looking statements. The cautionary language regarding forward-looking statements in our SEC filings apply to the remarks we make today. These documents are available on our website as are reconciliations to non-GAAP financial measures discussed on today's call. With that, I'll now turn things over to Mike.

Thanks, Anup. Good morning, everyone, and thank you for joining us today. I want to discuss a few highlights of our second quarter results before turning it back to Shantanu, who will review them in detail. First, I would like to thank all of our SunCoke teammates for their continued commitment to our shared goals of working safely and efficiently to deliver high-quality products and services to our customers. On the coronavirus front, we continue to take all necessary measures to ensure the health and safety of our workforce. we continue to strongly encourage all employees to get the COVID-19 vaccination as it gives the best protection against the virus while also protecting families and coworkers. Turning to our financial performance in the quarter, we are pleased with how our teams delivered across both the Coke and logistics segments. Coke making operations continue to operate at full capacity while our logistics segment saw significant increases in volume. For the second quarter of 2021, we delivered adjusted EBITDA of $68 million, a 15% improvement over Q2 2020. During the second quarter, we also significantly strengthened our balance sheet with the execution of our debt refinancing transactions. We retired the existing 7 1⁄2% senior unsecured notes due in 2025 and issued new 4 7⁄8% senior secured notes due in 2029. Additionally, we extended our revolving credit facilities maturity to June 2026 from August 2024. These refinancings both extend our maturity profile and lowers our debt costs significantly. we will save in excess of $17 million in interest on an annual basis as a result of these refinancing activities. Operationally, our expert and foundry Koch initiatives continue to perform well, and we are seeing the positive impact in our financial results. Our products are being well received as we demonstrate our ability to reliably deliver quality products during a time when supply chain disruptions and delays have become all too common. We remain committed to future growth in these markets as we continue to see solid prospects in the years ahead. CMT's revitalization is also well underway, aided by global strength in commodity markets. We see continued improvement in both volumes and product mix handled at CMT, contributing meaningfully to our financial results. Based on our record first half performance and the expectation of continued strength in steel and coal markets for the remainder of the year, we are increasing our full year 2021 adjusted EBITDA guidance to $255 to $265 million from the original guidance of $215 to $230 million. With that, I'll turn it over to Shantanu to review our second quarter earnings and details. Shantanu?