30
Apr
11:51
Poland's JSW taps into contingency fund
Jastrzebska Spolka Weglowa (JSW) will use PLN 400 million ($95.9m) from its contingency fund for operational purposes and to carry out investments, the Polish coal miner and coke producer says.
JSW reported a -25% on-year drop in coking coal production in the first quarter to 2.4 million tonnes, while coke output was flat at 830,000t (see Kallanish passim). At the beginning of April the firm issued force majeure to its customers as a result of the Covid-19 pa…
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Anonymous
Very good overview of the weekly steel market.
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