ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • Survey
  • videos
  • photos
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • RBI extends implementation of card tokenisation norms by 3 months; deadline extended till 30 September
  • EXCLUSIVE: 'Noida International Airport at Jewar to be jewel in crown of Indian aviation sector' - Know what all is coming up at
  • D-Street Corner: Market gains 2.7% in highly volatile week, investors richer by 5.5 lakh cr; what should investors do on Monday?
  • Sebi allows UPI payment option to invest in public issues of REITs, InvITs with effect from 1 August
  • Netflix lays off 450 employees in two months—Here's what's bothering OTT giant
Read in App
Business News » World News

Poland's JSW does not expect a fall in coal orders from ArcelorMittal

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App

Poland`s JSW, the European Union`s biggest coking coal producer, does not expect coal orders from major client ArcelorMittal to fall following the steelmaker`s decision to halt operations at its blast furnace and steel plant in Krakow.

ArcelorMittal Poland said on Monday it plans to temporarily stop production its furnace and steel plant in southern Poland in September, citing rising carbon emission costs and surging power prices.

"We do not expect quantity cuts in coal orders from ArcelorMittal," JSW Chief Executive Daniel Ozon told Reuters. "The coke from ArcelorMittal`s coking plant in Poland will be delivered to other steel plants in Europe. I do not see significant risks in relation to ArcelorMittal`s statement yesterday."

Ozon added that he saw some signs of slowdown in the automotive sector but, based on talks with JSW`s clients, assumed that sales volumes should rebound next year.

Shares in JSW were 7.14 percent lower by 1151 GMT.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economy
Updated: Tue, May 07, 2019
09:00 pm
Reuters
RELATED NEWS
India suffering from low labor participation rate, rupee depreciating in the world, says RBI Deputy Governor Michael Patra India suffering from low labor participation rate, rupee depreciating in the world, says RBI Deputy Governor Michael Patra
Investment through participatory notes declines to Rs 86,706-cr in May Investment through participatory notes declines to Rs 86,706-cr in May
India’s sports sector to be next hot investment destination - US$100bn industry by 2027 | Details of report India’s sports sector to be next hot investment destination - US$100bn industry by 2027 | Details of report
PM Narendra Modi to inaugurate Vanijya Bhawan and launch NIRYAT portal - Date, time and other details PM Narendra Modi to inaugurate Vanijya Bhawan and launch NIRYAT portal - Date, time and other details

LATEST NEWS

RBI exploring options to ensure customer safety dealing with PPIs issued by non-bank entities

This Mukul Agrawal textile stock may grow over 52% on strong export outlook and government initiatives

BharatNCAP: Government proposes to implement vehicle safety rating, issues draft notification

How has technology changed the face of investing and what lies ahead? Analyst decodes

RBI extends implementation of card tokenisation norms by 3 months; deadline extended till 30 September

iOS users can now securely save their passwords in Chrome

Fintech's halt PPI loan, buy now pay later services as RBI restrictions posing challenges

Two-thirds of MSME loan originations concentrated in Maharashtra, Tamil Nadu, and Delhi: Credit information company data

Net profits of manufacturing companies surged by over 50% in FY22, says RBI

Auto major Ford extends production at Tamil Nadu plant till July-end

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV