JSW Steel expects domestic steel prices to improve in the coming months, driven by stronger consumption and a discount to imported steel, according to Jayant Acharya, Joint MD & CEO.

“Between November to December, we should see a price improvement on the back of better demand, better consumption.” This optimism is supported by robust domestic demand, with the July-September quarter of 2025 (Q2FY26) growing 8.9% despite a seasonally weaker monsoon quarter.

Acharya added that post-Goods and Services Tax (GST) implementation, “the consumption story will really pick up” due to lower inflation and tax incentives.

He said that JSW’s medium-term earnings before interest, taxes, depreciation and amortisation (EBITDA) outlook remains positive, with operational efficiencies helping to mitigate

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