Poland’s JSW increased coking coal sales by 12% q/q in Q3

In the third quarter of 2024, Polish coking coal producer Jastrzebska Spolka Weglowa (JSW) increased sales of coking coal to external consumers by 12% compared to the previous quarter, to 1.8 million tons. This is stated in the company’s press release.

Coal production in July-September this year amounted to 3.05 million tons. This is 6.4% more than in the second quarter of 2024.

“Coal production is growing quarterly, but the actual figures are still below the plan. We also face market challenges and high production costs. I am convinced that the recent strategic transformation plan of JSW SA will allow us to overcome these difficulties and put us on the path to sustainable development,” said Richard Janta, President of the Board of JSW SA.

Coke production in the third quarter increased by 11.6% quarter-on-quarter to 800 thousand tons. Coke sales volumes for the period decreased by 3.2% q/q – to 700 thousand tons.

The average selling price of coking coal in PLN decreased by 9.6% quarter-on-quarter, and coke – by 5.1%. Investment expenditures amounted to over PLN 0.9 billion.

As previously reported, Jastrzebska Spolka Weglowa is launching a strategic transformation plan. The plan envisages the implementation of tasks in four key areas: increasing production efficiency, optimizing procurement processes, rationalizing investment costs and optimizing auxiliary functions. The economic impact of the plan is expected to be approximately PLN 8.5 billion by the end of 2027.

As GMK Center reported earlier, in Q4 of 2023, JSW increased sales of metallurgical coke by 5% year-on-year – to 790 thousand tons. Coal production decreased by 2.5% y/y – to 2.69 million tons, while coke production increased by 28% y/y – to 870 thousand tons.

Share
Published by
Masha Malonog
Tags: coke coking coal Poland Jastrzebska Spolka Weglowa
  • Global Market

Carbon prices in the EU increased by 7% in May

Carbon prices in the EU in May were characterized by volatility amid fluctuations in gas…

Sunday June 1, 2025
  • Global Market

Turkey increased steel production by 7% y/y in April

In April 2025, steel enterprises in Turkey increased steel production by 7% compared to April…

Saturday May 31, 2025
  • Global Market

EU imposes final anti-dumping duties on tinplate from China

The European Commission (EC) has announced its decision to impose final anti-dumping duties on imports…

Friday May 30, 2025
  • Companies

Poland’s JSW exceeded plans for coal production and sales in Q1

Poland's Jastrzębska Spółka Węglowa (JSW), the largest coking coal producer in the EU, has announced…

Friday May 30, 2025
  • Global Market

Turkey increased steel exports by 14.4% y/y in April

In April, Turkey increased steel exports by 14.4% y/y – to 1.2 million tons. In…

Friday May 30, 2025
  • Global Market

The EU has almost exhausted its annual quota for imports of Russian pig iron in 3 months

In the first quarter of 2025, European companies almost exhausted the annual quota for imports…

Friday May 30, 2025