16-01-2014

In the anniversary year 2013, JSW sold the largest amount of its coal over 10 years. Sales were higher than production and amounted to 14 355 thousand tons of coal, of which more than 740 thousand tons have been taken from the heaps, mainly coking coal.

- It was the year of challenges and management effectiveness test. We struggled with falling prices of coking coal and coke in the world. The company also felt the effects of the economic slowdown in Poland and the crisis in the steel sector in the EU. On the other hand,  these extremely difficult reality demonstrated the rightness of the chosen development strategy and priorities adopted earlier. We focused on maintaining an adequate level of production, cost control and sales of the group products, to minimize the adverse impact of lower prices on the final outcome of the company. Marketing strategy, we have adopted, proved effective and despite fierce competition in the market - we were able to sell additional thousands of tons of coal and coke - highlights Jaros

© Publicnow - 2014