DBT Bureau
Pune, 10 March 2026
JSW Steel reported in an exchange filing consolidated crude steel production for the month of February ’26 at 23.66 lakh tonnes.
Blast Furnace 3 (BF3) at Vijayanagar has been under shutdown for upgradation of capacity since September 2025, impacting crude steel production at the Indian operations level, resulting in -1% YoY during February ’26. Excluding BF3 production from last year’s base, YoY volumes grew nearly 8%, driven by the full ramp-up of JVML operations.
The capacity utilisation for Indian operations for the month, excluding BF3 capacity, was around 97%, and including BF3 capacity was 88%.
Production at USA Ohio operations was lower due to the ramp-up of operations after caster upgrades in January 2026 and extreme weather conditions caused by a winter storm.
The break-up of production is as below: (Lakh Tonnes)
| Particulars | February 2026 | February 2025 | YoY |
|---|---|---|---|
| Indian Operations | 23.06 | 23.32 | -1% |
| JSW Steel USA – Ohio | 0.60 | 0.75 | -20% |
| Consolidated Production | 23.66 | 24.07 | -2% |
JSW Steel Ltd shares are trading at ₹1,203.70 on the NSE, up ₹11.10 or 0.93% today.
