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
Equipment

Handling concrete better

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select wellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Next Story
Real Estate

Elevated floors!

Raised access flooring, also called false flooring, is a less common interiors feature than false ceilings, but it has as many uses – if not more.A raised floor is a modular panel installed above the structural floor. The space beneath the raised flooring is typically used to accommodate utilities such as electrical cables, plumbing and HVAC systems. And so, raised flooring is usually associated with buildings with heavy cabling and precise air distribution needs, such as data centres.That said, CW interacted with designers and architects and discovered that false flooring can come in handy ..

Next Story
Infrastructure Urban

The Variation Challenge

A variation or change in scope clause is defined in construction contracts to take care of situations arising from change in the defined scope of work. Such changes may arise due to factors such as additions or deletions in the scope of work, modifications in the type, grade or specifications of materials, alterations in specifications or drawings, and acts or omissions of other contractors. Further, ineffective planning, inadequate investigations or surveys and requests from the employer or those within the project’s area of influence can contribute to changes in the scope of work. Ext..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?