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24 May

Poland's JSW registers significant market volatility, price sensitivity

Jastrzebska Spolka Weglowa (JSW) says the first quarter was characterised by significant volatility in the steel, coke and coking coal markets. The lack of inventory buffers in the supply chain, especially in Australia and China, meant that prices were sensitive even to limited changes in sentiment or market activity. The main factors were supply restrictions due to weather and logistics issues in the main coking coal exporting countries, macroeconomic factors inf…
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