CHARLESTON, W.Va. -- International Coal Group says it's seeing signs that increasing steel production is upping demand for metallurgical coal, but is crediting other factors for more than doubling its third-quarter profit.

ICG says it earned $18.7 million, or 12 cents per share, in the period, compared with $9.3 million, or 6 cents per share, a year ago.

The figures released Wednesday show revenue dipped to $296.6 million, from $309.2 million a year ago.

Rivals including Peabody Energy have said they saw rising metallurgical coal demand in Asia during the quarter.

Scott Depot-based ICG says it's seeing rising metallurgical coal demand, but it says controlling costs and cutting production 900,000 tons contributed to the quarterly performance.

ICG operates 13 mining complexes in Appalachia and Illinois.

CHARLESTON, W.Va. -- International Coal Group says it's seeing signs that increasing steel production is upping demand for metallurgical coal, but is crediting other factors for more than doubling its third-quarter profit.

ICG says it earned $18.7 million, or 12 cents per share, in the period, compared with $9.3 million, or 6 cents per share, a year ago.

The figures released Wednesday show revenue dipped to $296.6 million, from $309.2 million a year ago.

Rivals including Peabody Energy have said they saw rising metallurgical coal demand in Asia during the quarter.

Scott Depot-based ICG says it's seeing rising metallurgical coal demand, but it says controlling costs and cutting production 900,000 tons contributed to the quarterly performance.

ICG operates 13 mining complexes in Appalachia and Illinois.