Coal production in the JSW group decreased by 5% in Q4.

2022-01-14 18:36

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2022-01-14 18:36

Coal production in the JSW group decreased by 5% in Q4.
Coal production in the JSW group decreased by 5% in Q4.
/ JSW

Total coal production in the JSW group in the fourth quarter of 2021 amounted to 3.57 million tonnes and was higher by approx. 7% q / q, and lower by approx. 5.2% y / y. – the company said in a press release.

Coking coal production amounted to approx.2.75 million tonnes and was higher than in Q3 2021 by approx. 1.5%, and compared to Q4 2020 lower by approx. 2.2%.

The production of coal for energy purposes in the fourth quarter amounted to approx. 0.82 million tonnes and was higher by approx. 30.8% QoQ and lower by approx. 14.1% y / y.

As reported, total coal sales amounted to approx. 3.80 million tonnes and was higher by approx. 7.4 percent q / q, and lower by approx. 4.9 percent y / y.

Sales of coking coal in the fourth quarter amounted to approx. 2.77 million tonnes, which means a QoQ increase by approx. 0.1%. and a decrease by approx. 8.6 percent. yy. Sales of coal for energy purposes amounted to approx. 1.03 million tonnes and was higher by approx. 33.4% qdk, and compared to the fourth quarter of 2020 higher by approx. 6.8%.

JSW announced that total coke production in the fourth quarter of 2021 amounted to 0.89 million tonnes, which means a decrease by approx. 3.5%. Kdk and a decrease of approx. 3.8%. yy. Coke sales amounted to 0.88 million tonnes and was higher by approx. 3.9 percent QoQ. and lower y / y by approx. 7.3 percent.

The company announced that the average quotation of The Steel Index (TSI) in July-November 2021, affecting JSW’s prices in the fourth quarter of 2021, was USD 311. Compared to the average TSI index from April-August 2021 affecting prices in Q3 2021, the increase was 83%.

The estimated average PLN price of coking coal sold by JSW to external customers increased by approx. 77% compared to the previous quarter. Converted into USD, the increase was approx. 70%.

The ratio of the average price of JSW coking coal sold to external customers to the average TSI coal index for the period July – November 2021 was 86%, which means a decrease by 7 percentage points. percent compared to the previous quarter.

The quotations of the Polish Power Coal Market Index in sales to commercial and industrial energy (PSCMI1) in Q4 amounted to PLN 241.89 (data for October-November 2021) and decreased by approx. 2% compared to the previous quarter. The average price of steam coal sold by JSW in Q4 increased by approx. 5% compared to the previous quarter.

The total PLN average contract price for coke sold by the JSW group increased by approx. 32 percent in Q4. kdk. Converted into USD, the increase was approx. 27%. (PAP Biznes)

pel / mfm /

Source:PAP Biznes

About Eric Wilson

The variety offered by video games never ceases to amaze him. He loves OutRun's drifting as well as the contemplative walks of Dear Esther. Immersing himself in other worlds is an incomparable feeling for him: he understood it by playing for the first time in Shenmue.

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