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JSW Coal Producer Quadruples First-Quarter Net Income to $220.7 Million
May. 24, 2011 06:53AM PST
Industrial Metals Investing
Bloomberg reported that rising coal prices boosted profits for EU coal producer Jastrzebska Spolka Weglowa SA.
Bloomberg reported that rising coal prices boosted profits for EU coal producer Jastrzebska Spolka Weglowa SA.
The market news is quoted as saying:
JSW, based in the southern Polish city of Jastrzebie Zdroj, doesn’t predict any “significant” changes in the price of coking coal for the rest of the year, Chief Executive Officer Jaroslaw Zagorowski said.