Poland-based coking coal producer Jastrzebska Spolka Weglowa SA (JSW) has announced its operational results for the fourth quarter of 2024.
In the fourth quarter, JSW’s total coal output totaled 3.20 million mt, up by 4.9 percent compared to the previous quarter and down 5.6 percent compared to the fourth quarter in 2023, while its total coke production was 690,000 mt, decreasing by 14.8 percent quarter on quarter and down by 20.6 percent year on year. The company’s coking coal production in the given quarter amounted to 2.71 million mt, increasing by 8.4 percent compared to the third quarter and up 0.7 percent year on year.
In the given quarter, JSW’s total coal sales were at 3.05 million mt, rising by 5.1 percent compared to the third quarter and decreasing by 9.2 percent year on year, while its total coke sales amounted to 740,000 mt, remaining stable compared to the previous quarter and down 6.3 percent compared to the same quarter of the previous year. The company’s total coking coal sales amounted to 2.51 million mt, up by 2.4 percent quarter on quarter and down by 4.9 percent year on year. Meanwhile, JSW’s internal sales in the fourth quarter totaled 1.02 million mt, down by 2.8 percent compared to the third quarter and down by 13.5 percent compared to the fourth quarter of 2023.
The average coke contract price in sales by JSW in the fourth quarter last year fell by approximately 13.0 percent compared to the previous quarter.