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The Warsaw Voice » Business » June 24, 2014
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JSW miner likely to in the red this year - report
June 24, 2014   
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Coking coal firm JSW is facing "a solid net loss" in 2014, analysts say pointing out that coking coal prices will probably fall or stabilize at most in Q3.

JSW's loss likely considerably widened in Q2 compared to Q1 2014, but may avoid a loss in Q3, if it manages to significantly increase sales volumes, experts say.

The earnings will also depend on production level or the scale of cost cuts.

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