JSW’s coal production in Q2 ‘24 13.6% less y/y
15:23
In Q2 2024, JSW Group's coal production totaled 2.87 million tons, down 8.5% from Q1 2024 and 13.6% from Q2 2023. The decline was due to rebuilding mining fronts after previous disruptions.
Coke coal production was 2.31 million tons, down 4.1% from Q1 2024 and 14.4% from Q2 2023. Energy coal production was 0.56 million tons, down 23% from Q1 2024 and 9.8% from Q2 2023. Total coal sales were 2.61 million tons, down 14.8% from Q1 2024 and 16.7% from Q2 2023.
Coke production and sales also declined. The average coal price fell by about 11% q/q. Overall, in 2024, JSW produced 6 million tons of coal and 1.56 million tons of coke.
