JSW Steel Foresees Q4 Growth Amid Input Cost Challenges
Steel

JSW Steel Foresees Q4 Growth Amid Input Cost Challenges

JSW Steel is optimistic about better volumes in the fourth quarter of the fiscal year, despite facing significant pressures from rising input costs. The CEO of JSW Steel acknowledges the challenges posed by the increased costs of inputs in the construction sector but remains hopeful about improved performance in the upcoming quarter.

The construction industry has been grappling with escalating input costs, including raw materials and logistics. However, JSW Steel is strategically positioned to navigate these challenges and capitalise on increased demand, especially in the construction sector.

The CEO emphasises that despite the cost pressures, the company expects favourable market conditions and enhanced volumes in the fourth quarter. This positive outlook is driven by the anticipation of heightened construction activities and infrastructure development projects, contributing to the overall growth of JSW Steel.

The company's resilience in the face of input cost challenges reflects its adaptability and strategic planning. As the construction sector continues to rebound, JSW Steel aims to leverage its strengths to meet the rising demand for steel products, fostering growth and maintaining a competitive edge in the market.

JSW Steel is optimistic about better volumes in the fourth quarter of the fiscal year, despite facing significant pressures from rising input costs. The CEO of JSW Steel acknowledges the challenges posed by the increased costs of inputs in the construction sector but remains hopeful about improved performance in the upcoming quarter. The construction industry has been grappling with escalating input costs, including raw materials and logistics. However, JSW Steel is strategically positioned to navigate these challenges and capitalise on increased demand, especially in the construction sector. The CEO emphasises that despite the cost pressures, the company expects favourable market conditions and enhanced volumes in the fourth quarter. This positive outlook is driven by the anticipation of heightened construction activities and infrastructure development projects, contributing to the overall growth of JSW Steel. The company's resilience in the face of input cost challenges reflects its adaptability and strategic planning. As the construction sector continues to rebound, JSW Steel aims to leverage its strengths to meet the rising demand for steel products, fostering growth and maintaining a competitive edge in the market.

Next Story
Infrastructure Transport

Adani wins Kedarnath ropeway project to cut trek to 36 minutes

Adani Enterprises Ltd (AEL) has secured the contract to build a 12.9-km ropeway connecting Sonprayag with Kedarnath, a project expected to transform the pilgrimage experience. Awarded by National Highways Logistics Management Ltd (NHLML), the project will be executed under the National Ropeways Development Programme – Parvatmala Pariyojana.Currently, pilgrims undertake a gruelling nine-hour trek to Kedarnath. The ropeway will reduce this journey to just 36 minutes and can transport 1,800 passengers per hour in each direction, serving the nearly 20 lakh devotees who visit annually.The Rs 25,0..

Next Story
Infrastructure Transport

Gurugram Rapid Metro to shift from DMRC to GMRL control

The Haryana Mass Rapid Transport Corporation Limited (HMRTC) has begun the process of transferring Gurugram’s Rapid Metro operations from the Delhi Metro Rail Corporation (DMRC) to Gurugram Metro Rail Limited (GMRL). The decision was taken at HMRTC’s 62nd Board meeting, chaired by chief secretary Anurag Rastogi.Committees have been formed to oversee the transition, covering technical, legal, and operational aspects, with definitive timelines being prepared. Until the transfer is complete, the system will be managed jointly by DMRC and GMRL.The Rapid Metro has shown notable performance impr..

Next Story
Infrastructure Transport

Chandigarh Metro cost climbs to Rs 25,000 crore amid delays

The long-awaited Chandigarh Tricity Metro project has seen its estimated cost balloon to nearly Rs 25,000 crore, following delays in approvals by the Union Territory administration. The cost, which stood at Rs 23,263 crore in February 2025, has risen by Rs 1,737 crore in just seven months, according to officials.The matter was raised during the transport standing committee meeting of the Administrator’s Advisory Council, chaired by AAP state president Vijay Pal. A presentation by Rail India Technical and Economic Service (RITES) strongly recommended that the Metro is the most suitable mass r..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?