JSW Steel Q3 FY26 Production Rises 6% to 7.48 Million Tonnes

Mumbai, January 09, 2026: JSW Steel Ltd on Friday reported consolidated crude steel production of 7.48 million tonnes in the third quarter of FY26, registering a 6 per cent year-on-year growth despite operational challenges arising from a major capacity upgrade at its Vijayanagar facility. On a sequential basis, production declined from 7.90 million tonnes in Q2 FY26, primarily due to the shutdown of Blast Furnace-3 at Vijayanagar from the end of September 2025 for capacity enhancement. The company said the furnace is expected to be commissioned by the end of Q4 FY26.

During the quarter, capacity utilisation at Indian operations stood at approximately 93 per cent excluding BF3 capacity and 85 per cent including BF3, reflecting strong underlying operational performance even as the company executed its expansion plans. Indian operations produced 7.28 million tonnes in Q3 FY26, up from 6.82 million tonnes in the same quarter last year, while JSW Steel’s Ohio operations in the US contributed 0.20 million tonnes. Consolidated production for the quarter was higher than 7.03 million tonnes recorded in Q3 FY25.

For the nine months ended December 2025, JSW Steel’s consolidated crude steel production reached 22.65 million tonnes, a 12 per cent increase from 20.16 million tonnes in the corresponding period of the previous financial year, driven by strong demand and sustained operational efficiency. Indian operations accounted for 21.97 million tonnes of the total output, compared with 19.58 million tonnes in the same period last year.

JSW Steel currently operates with a consolidated crude steel capacity of 35.7 million tonnes per annum, including 1.5 MTPA in the United States, and plans to expand this to 43.4 MTPA over the next three years. The expansion aligns with the company’s long-term growth strategy and reinforces its leadership position in the Indian steel sector while strengthening its global footprint.