“We are fully aware of the growth in the energy market,” said Sebastian Bartos, Member of the Board of Directors, adding: “Some actions have been taken by the company, however, as a publicly traded company, we cannot report on the results of these activities.”
He also declined to comment on potential coal price increases in coming quarters, but said the company may have more to say at a press conference on Aug. 18 after its first-half results.
On May 16, JSW announced record first quarter results, primarily due to higher coking coal sales and prices.