20
Nov
12:35
Poland's JSW sees sequential rebound, still down on-year
Jastrzebska Spolka Weglowa (JSW) saw external coking coal sales rebound 10.4% on-quarter in the third quarter to 1.44 million tonnes, while coke sales surged 54% to 648,000t.
Consolidated revenue rose 16% in Q3 to PLN 1.73 billion ($460 million) and the firm’s net loss narrowed 85% to PLN 114.8m.
Average sales price of coking coal nevertheless dropped -17% versus Q2 to PLN 400.3/tonne, while average coke sales price fell -13% to PLN 677.3/t. Unit mining cas…
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Anonymous
Very good overview of the weekly steel market.
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