Mumbai, January 9, 2026: JSW Steel reported consolidated crude steel production of 7.48 million tonnes for the third quarter of FY26, marking a 6 percent year-on-year increase, despite operational constraints linked to planned maintenance activity at its flagship Vijayanagar facility.
The company’s Indian operations contributed 7.28 million tonnes during the quarter, up 7 percent YoY, while production at JSW Steel USA – Ohio stood at 0.20 million tonnes. On a sequential basis, consolidated production declined around 5 percent compared with Q2 FY26, primarily due to lower capacity utilisation during the quarter.
Operational Update and Capacity Utilisation
Production during Q3 FY26 was impacted by the shutdown of Blast Furnace 3 (BF3) at the Vijayanagar plant, which has been offline since the end of September 2025 for capacity upgradation. The furnace is expected to be commissioned by the end of Q4 FY26.As a result, capacity utilisation at Indian operations stood at approximately 93 percent excluding BF3 capacity, and 85 percent including BF3 capacity, reflecting strong operational efficiency at the remaining facilities despite the temporary disruption.
Quarterly Production Break-up
| Particulars | Q3 FY26 (Mnt) | Q2 FY26 (Mnt) | Q3 FY25 (Mnt) | QoQ | YoY |
|---|---|---|---|---|---|
| Indian Operations | 7.28 | 7.66 | 6.82 | -5% | 7% |
| JSW Steel USA – Ohio | 0.20 | 0.24 | 0.21 | - | - |
| Consolidated Production | 7.48 | 7.90 | 7.03 | -5% | 6% |
Nine-Month Performance Remains Strong
For the nine months ended FY26, JSW Steel reported consolidated crude steel production of 22.65 million tonnes, representing a 12 percent growth over the corresponding period last year. Indian operations accounted for 21.97 million tonnes, while the US operations contributed 0.68 million tonnes during the period.| Particulars | 9M FY26 (Mnt) | 9M FY25 (Mnt) | YoY |
|---|---|---|---|
| Indian Operations | 21.97 | 19.58 | 12% |
| JSW Steel USA – Ohio | 0.68 | 0.58 | - |
| Consolidated Production | 22.65 | 20.16 | 12% |
About the Company
JSW Steel is the flagship company of the diversified JSW Group and is among India’s leading integrated steel producers. The company has a consolidated crude steel capacity of 35.7 MTPA, including 1.5 MTPA in the United States, with domestic capacity at 34.2 MTPA. JSW Steel is in the midst of an expansion phase that is expected to take its consolidated capacity to 43.4 MTPA over the next three years, supported by continued investments in technology, sustainability, and high-value steel products.Source:
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