Polish coking coal producer Jastrzebska Spolka Weglowa SA (JSW) announced the signing of a coking coal supply agreement with ArcelorMittal Poland worth approximately PLN 2.1 billion ($562.44 million).
Under the terms of the contract, JSW will supply coking coal used in the steel production process to ArcelorMittal plants in Poland within 2026.
Long-term cooperation between the companies
The transaction represents a continuation of long-term cooperation between the two companies. JSW said the agreement was reached following negotiations between the parties and reflects their ongoing business relationship.
For ArcelorMittal Poland, the agreement ensures a stable supply of coking coal needed for blast furnace steel production.
The contract highlights the strategic link between coal producers and steel producers in Europe, where coking coal remains a key raw material in traditional steelmaking processes.
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