New Delhi, Oct. 16 -- Seasonal demand weakness, continued pressure from low-priced Chinese steel, margin pressure due a prolonged monsoon, volatile prices and an oversupplied market are likely to have hurt the performance of JSW Steel in the second quarter of fiscal year 2026 (FY26), analysts said.

The company controlled by billionaire Sajjan Jindal started FY26 on a strong note but had struck a note of caution for the second quarter for these very reasons. The company is scheduled to report its Q2 earnings on Friday.

Since the start of FY26, China's hot rolled coil (HRC) prices have increased by about 4.5% in rupee terms, while domestic prices have fallen by about 5% even after a safeguard duty was introduced, mainly due to higher supp...