JSW Steel Ltd.

JSW Steel reported consolidated crude steel production of 6.59 million tonnes in the first quarter of FY2026-27 (Q1FY27), registering a 3% year-on-year (YoY) increase from 6.38 million tonnes in the corresponding quarter last year. The company's Indian operations reported a 3% rise in crude steel production to 6.35 million tonnes in Q1FY27 from 6.14 million tonnes in Q1FY26. Meanwhile, JSW Steel USA (Ohio) produced 0.24 million tonnes of crude steel in Q1FY27.

Blast Furnace 3 (BF3) of Vijayanagar, was under shutdown for upgradation of capacity, started hot-metal production from June 23, 2026. The Crude steel production growth for the quarter remained at 3% YoY, mainly due to the BF3 shutdown. Excluding BF3 production impact from last year’s base, Q1FY27 volumes grew around 15% YoY, driven by full ramp-up of JVML operations and improved utilisation at Dolvi Unit. The capacity utilisation for Indian operations for Q1FY27 (excluding BF3 capacity under shutdown) was at around 94%.

JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.