We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » July 1, 2014
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
JSW miner may struggle to deliver profit in Q3
July 1, 2014   
Article's tools:

Miner JSW may struggle to post a net profit in Q3 2014, even assuming higher output, as benchmark coking coal prices stayed flat quarter on quarter at USD 120/ton, a local analyst told PAP Polish news agency.

Anglo American and Nippon Steel & Sumitomo Metal Corp set the benchmark coking coal price at the level of USD 120/ton, flat q/q, Steel First industry portal said. Q1 2014 prices stood at USD 143/ton.

"For JSW, even with higher output in Q3, this will mean a struggle for a positive financial result," UniCredit brokerage analyst Marcin Gatarz told PAP.

© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE