Experts suggest that JSW Steel Ltd's plan to acquire a minority stake in a coal asset may draw attention to the company's leverage. Although the move is expected to improve profitability through cost savings and raw material security, investors may be concerned about the potential acquisition of a coal mine. Ratings agency CreditSights has downgraded its recommendation on JSW Steel to 'market perform' due to its sizable capex needs and lackluster steel price environment.
