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JSW Steel production up 14% YoY
Jul 8 2025 5:49PM
JSW Steel Limited reported its consolidated crude steel production for the first quarter of the financial year 2025-26 (Q1 FY26) at 7.26 million tonnes (Mnt). This represents a significant year-on-year increase of 14% compared to Q1 FY25. However, the production saw a 5% quarter-on-quarter decline, primarily attributed to planned maintenance shutdowns of blast furnaces during the quarter.

The company's consolidated crude steel production for Q1 FY26 stood at 7.26 Mnt, marking a robust 14% growth when compared to the 6.35 Mnt produced in Q1 FY25. This strong year-on-year performance underscores the company's expanding operational capabilities and market presence. The quarter-on-quarter comparison, however, showed a 5% decrease from 7.63 Mnt in Q4 FY25. This reduction was a result of strategic planned maintenance activities undertaken on blast furnaces during the period.
Indian Operations contributed significantly to the overall production, recording 7.02 Mnt in Q1 FY26. This figure represents a 15% year-on-year increase from 6.12 Mnt in Q1 FY25. Similar to the consolidated figures, Indian Operations also experienced a 5% quarter-on-quarter dip from 7.40 Mnt in Q4 FY25, which included 0.21 Mnt from trial run production. The capacity utilisation at JSW Steel's Indian Operations for Q1 FY26 was reported at 87%.
JSW Steel USA - Ohio maintained a consistent production level, reporting 0.24 Mnt in Q1 FY26, a slight increase from 0.23 Mnt in both Q4 FY25 and Q1 FY25.

The company clarified that the quarter-on-quarter decline in production was a planned measure. Following the completion of these maintenance shutdowns, the blast furnaces have been successfully restarted and are now operating at optimal capacity levels. This indicates a proactive approach to asset management, ensuring long-term operational efficiency and reliability.