JSW Steel Reports Combined Crude Steel Production of 30.14 Million Tonnes for FY26, Showing 8% YoY Growth

JSW Steel Reports Combined Crude Steel Production of 30.14 Million Tonnes for FY26, Showing 8% YoY Growth​

JSW Steel has reported the combined Crude Steel production for the financial year 2026 (FY26) at 30.14 million tonnes, marking an 8% growth year over year (YoY).

The company noted operational milestones during the period, including the Salem unit upgrading one of its casters in January 2026, followed by the commissioning of a new Ladle Furnace and Vacuum Degasser in February 2026. Following the successful integration of these units by the end of February 2026, the capacity of the Salem unit increased from 1.0 MTPA to 1.15 MTPA, effective March 2026.

However, the Blast Furnace-3 (BF-3) at Vijayanagar underwent a shutdown for capacity upgradation starting at the end of September 2025, which impacted the crude steel production and capacity utilization at the Company's Indian operations throughout FY26. For the combined Indian operations, the capacity utilization for the year was approximately ~92% excluding BF-3 capacity, and ~87% including BF-3 capacity.

FY26 Production Volume Overview​

The production volume for FY26, compared to FY25, is detailed in the following table:


For the fourth quarter of FY26, the combined Crude Steel production reached 7.49 million tonnes. For this quarter, the capacity utilization for the combined Indian operations stood at approximately ~96% excluding BF-3 capacity, and ~87% including BF-3 capacity.

Quarterly Production Breakup​

The break-up of production for the quarter is provided below:

About JSW Steel​

JSW Steel operates as the flagship business of the diversified JSW Group, which has an estimated value of US$ 23 billion. JSW Group has interests spanning energy, infrastructure, cement, paints, realty, e-platforms, mobility, defence, sports, and venture capital.

Over the last three decades, JSW Steel has grown from a single manufacturing unit to become India's leading integrated steel company, boasting a consolidated crude steel capacity of 35.9 MTPA, including 1.5 MTPA in the US. The domestic crude steel capacity stands at 34.4 MTPA. The company anticipates taking its consolidated capacity to 43.4 MTPA over the next three years. The facility located in Vijayanagar, Karnataka, is noted as the largest single-location steel-producing facility in India, with a current capacity of 17.5 MTPA.

JSW Steel maintains a strategic collaboration with JFE Steel of Japan, granting access to new and state-of-the-art technologies for producing and offering high-value special steel products used across construction, infrastructure, automobile, electrical applications, and appliances.

The company emphasizes its commitment to sustainability and business excellence. Recognitions include the World Steel Association's Steel Sustainability Champion (consecutively for 7 years from 2019 to 2025), the Deming Prize for TQM for its Vijayanagar facility (2018), and Salem (2019). JSW Steel is a constituent of the FTSE4Good Index and the Dow Jones World and Emerging Markets Sustainability Indices (DJSI 2024), and achieved the rank of #1 globally in the steel sector in the S&P Global Corporate Sustainability Assessment (CSA 2025).

JSW Steel's four operations are Responsible Steel Certified, and over 80% of domestic crude steel production falls under Responsible Steel TM Certified Sites. Furthermore, the Sustainable Energy Environment & Decarbonisation (SEED) project secured the Energy Transition Changemakers recognition at COP28. As of December 2025, JSW Steel was ranked 6th among the top 34 world-class steelmakers by World Steel Dynamics (WSD) in the 'WorldClass Steelmaker Rankings'.

In its sustainability goals, JSW Steel's CO2 emission reduction aims are aligned with India's Paris Accord commitments. The company aims to reduce its CO2 emissions from steel-making operations by 42% by 2030 and commits to achieving net neutral in carbon emission for all operations under its direct control by 2050. The steelmaker also targets powering its steel-making operations entirely by renewable energy by 2030, alongside achieving no net-loss in biodiversity at operating sites by 2030 and maintaining Zero Liquid Discharge.

JSWSTEEL Stock Price Movement​

Today, JSW Steel Limited shares gained ₹14.90, settling at ₹1209.7 and rising 1.25%. The stock traded on a volume of 2.56 million shares throughout the session.

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