[SMM Iron & Steel] JSW Adjusts 2026 Coal Output Target Following Mine Incident in Poland

Published: Apr 7, 2026 17:06

Save

Jastrzebska Spolka Weglowa (JSW SA), the European Union’s largest coking coal producer, has reduced its production forecast for 2026 to approximately 13.3 million tonnes, down from a prior estimate of 13.5 million tonnes. The revision stems from a methane and rock outburst incident at the KWK Pniowek mine, which led to a suspension of activities and a delay in key longwall operations from May to November 2026. This reduction in local European supply places additional pressure on regional steelmakers to source more expensive metallurgical coal from Australia and North America.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

20 hours ago

[SMM Steel Market Flash] POSCO Targets 35%-40% Shareholder Return Based on Adjusted Net Income

According to POSCO’s Q1 2026 earnings call, the company has introduced its third interim shareholder return policy and shifted from a free-cash-flow-based approach to a more earnings-linked framework. The new policy targets a shareholder return ratio of 35%-40% of adjusted net profit attributable to controlling interests, to be delivered through a mix of cash dividends and share buybacks or cancellations. POSCO said the change is intended to improve payout visibility while balancing growth investment and shareholder returns.

20 hours ago

[SMM Steel Market Flash] POSCO Says Middle East Tensions Continue to Squeeze Steel Margins

According to POSCO’s Q1 2026 earnings call, the ongoing US-Iran conflict has pushed up FX, oil, LNG, and logistics costs, creating clear pressure on steel margins. The company said that although sales volumes, production, and utilization rates recovered sequentially, raw material sourcing costs remain elevated due to disruptions linked to the Middle East situation, and this cost pressure is expected to continue into the second quarter.

20 hours ago

Apr 30, 2026 18:50

[SMM Hot Topic] HRC Prices Rose MoM in April, Expected to Fluctuate at Highs Before Mid-May

Apr 30, 2026 18:50