The JSW Steel Ltd. head office office stands at the Bandra Kurla Complex in Mumbai. Photographer: Dhiraj Singh/Bloomberg
The Indian steel sector is in the middle of an upcycle as the demand and production uptick is being witnessed across global markets, and is not restricted to China.That’s according to Seshagiri Rao, joint managing director of JSW Steel Ltd., who expects a shortage of the alloy, better pricing in the Western hemisphere and opening of the global economy to aid steelmakers in India.Incremental volumes, change in product mix and lower op...