JSW Steel CEO's BIG Forecast: Sees Strong Demand, Better Margins & Higher US Volumes In H2
NDTV Profit · 26 Oct 2026 · 8 min
Management interview of JSW Steel Ltd (JSWSTEEL), with 7 key numbers discussed.
- Jayant Acharya, Joint MD & CEO, JSW Steel
JSW Steel reported higher volumes in Q2, helping consolidated adjusted EBITDA reach Rs 99.4bn despite cost pressures. Input costs increased by Rs 1,300 per ton, and realisations fell by Rs 500 per ton sequentially. Management expects coking coal costs to rise another $25 in H2, but anticipates price realizations will offset costs and slightly improve margins. The company maintained its full-year capex guidance of Rs 220-240bn and outlined an overall pipeline of Rs 1.48tn to reach 62 MT capacity by FY32.