JSW Steel Reports Consolidated Crude Steel Production of 22.93 Lakh Tonnes for May 2026, Showing 15% Year-on-Year Growth
JSW Steel Ltd reported its consolidated Crude Steel production for May 2026 at 22.93 Lakh tonnes, marking a 15% year-over-year increase. The operational data reflects contributions from both Indian and US operations, contributing to the overall output.The company's crude steel production performance across various segments in May 2026 is detailed below:
| Particulars | May 2026 (Lakh Tonnes) | May 2025 (Lakh Tonnes) | YoY Growth |
|---|---|---|---|
| Indian Operations | 21.98 | 19.17 | 15% |
| JSW Steel USA - Ohio | 0.95 | 0.79 | 20% |
| Consolidated Production | 22.93 | 19.96 | 15% |
JSW reported that the higher production in May 2026 was primarily attributed to the full operational status of the Dolvi unit (following a planned maintenance shutdown at one Blast Furnace in May 2025) and the ramp-up of Joint Venture Manufacturing Ltd (JVML) operations.
Operational Status and Capacity Utilization
Blast Furnace 3 (BF3) at Vijayanagar is currently undergoing a shutdown for capacity upgradation and is scheduled to recommence operations in the second fortnight of June 2026.For the Indian operations, capacity utilization for May was reported at approximately 98% excluding the BF3 capacity, while including BF3 capacity, utilization stood at 87%.
Company Overview
JSW Steel is recognized as a leading integrated steel company within India and forms the flagship business of the US$ 23 billion JSW Group. The company holds significant interests across various sectors, including energy, infrastructure, cement, paints, realty, defence, sports, mobility, and venture capital.The plant in Vijayanagar, Karnataka, is noted as the largest single-location steel-producing facility in India, possessing a current capacity of 19.5 MTPA and is scheduled for expansion to approximately 25 MTPA by FY30, aiming to make it the world's largest steel plant.
JSW Steel maintains strategic collaboration with JFE Steel of Japan, accessing advanced technologies to produce specialized high-value steel products used across construction, automobile, electrical applications, and infrastructure industries. The company is recognized for its commitment to sustainability and business excellence, including receiving WorldSteel's Steel Sustainability Champion recognition consecutively from 2019 to 2026.
JSW Steel has committed targets to reduce CO2 emissions by 42% from steel-making operations by 2030 and aims for net zero carbon emission in all directly controlled operations by 2050.
JSWSTEEL Stock Price Movement
Shares of JSW Steel Limited are edging higher to ₹1266.30 as of 9:19 AM, after gaining 0.44% in live trading. The equity has seen a volume of 29,764 shares during this morning session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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