Poland-based coking coal producer Jastrzebska Spolka Weglowa SA (JSW) has announced its operational results for the second quarter of this year.
In the given quarter, the company’s total coal output totaled 2.87 million mt, down by 8.3 percent compared to the previous quarter and by 13.6 percent compared to the second quarter of 2023, while its total coke production was 730,000 mt, declining by 12.3 percent quarter on quarter and by 14.7 percent year on year. JSW’s coking coal production in the second quarter amounted to 2.31 million mt, decreasing by 4.1 percent compared to the previous quarter and by 14.4 percent year on year.
In the second quarter, the company’s total coal sales came to 2.61 million mt, moving down by 14.7 percent compared to the first quarter and by 16.6 percent year on year, while its total coke sales amounted to 760,000 mt, down by 22.9 percent compared to the previous quarter and by 13.9 percent compared to the same quarter of the previous year. JSW’s total coking coal sales amounted to 2.27 million mt, falling by 12.2 percent quarter on quarter and by 14.1 percent year on year. Meanwhile, the company’s internal sales in the given quarter totaled 950,000 mt, down by 15.9 percent compared to the first quarter and by 16.3 percent compared to the second quarter of 2023.
The average total coke contract price in sales by JSW in the given quarter this year remained unchanged compared to the previous quarter.