New Delhi, April 1 -- JSW Steel Ltd is poised to improve its near-term profitability from the lows of the December quarter (Q3FY25), aided by multiple factors such as improved realisation thanks to the proposed safeguard duty by the directorate general of trade remedies (DGTR), lower raw material costs, and higher volumes amid robust domestic demand.

Investors' optimism is reflected in the company's shares, which have gained 18% so far in 2025, making JSW the most valuable steel company in the world. In comparison, Tata Steel Ltd and Steel Authority of India Ltd (SAIL) have gained 12% and 1%, respectively, while Jindal Steel & Power Ltd is down 2% this year.

Safeguard duty promises relief

The steel industry has been grappling with a sh...