Poland-based coking coal producer Jastrzebska Spolka Weglowa SA (JSW) has announced that it has signed a long-term coking coal supply agreement with ArcelorMittal Poland, a subsidiary of global steel producer ArcelorMittal.
Accordingly, JSW will provide ArcelorMittal Poland with coking coal with a value exceeding PLN 7 billion ($1.47 billion) in the years 2023-25.
Following this period, the agreement will be subject to extension for subsequent years up to the end of 2029 at the maximum, provided that neither of the parties terminates it.