JSW's US ops swing to profit in fiscal Q4

India-based JSW Steel’s combined US operations swung to a slight profit in its fiscal fourth quarter of 2026.

The company’s US facilities posted EBITDA of $80,000 in the quarter ended March 31 vs. a loss of $3.14 million a year earlier, JSW reported in its earnings presentation on Thursday.

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Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.