Market Segment
October 20, 2023
JSW Steel USA Reports Improved Sales, Earnings
Written by Laura Miller
India’s JSW Steel said lower steel prices and adverse market conditions affected the performance of its US operations in its fiscal-2024 second quarter ended Sept. 30. Still, the company posted improved results compared to the same quarter last year.
Additionally, the steelmaker anticipates a slowdown towards the end of calendar 2023 due to elevated interest rates, it noted in its quarterly earnings report.

