Prices in India haven't gone up to global level: Seshagiri Rao of JSW Steel

In a Q&A, the firm's Jt MD and CFO says he does not see the govt taking any action on steel import duties, based on 'wild allegations' made on price hikes

JSW Steel recorded one of its best performances in the December quarter on the back of a strong demand environment that led to a surge in prices, causing discontent among user industries. In an interview with Ishita Ayan Dutt, Seshagiri Rao, joint managing director and group chief financial officer, JSW Steel, points out that the market has recovered after hitting the bottom in Q1, but the increase in global prices has been much higher. Edited excerpts:  

Is this the best quarterly results for JSW Steel?

In terms of EBITDA per tonne, this is the second best. But from a consolidated