JSW Steel Reports 23.66 Lakh Tonnes Crude Steel Production in February 2026
Mumbai, March 10, 2026: JSW Steel Limited announced that its consolidated crude steel production for February 2026 stood at 23.66 lakh tonnes, reflecting a 2% year-on-year decline compared to 24.07 lakh tonnes produced in February 2025.
The company stated that production at its Indian operations was marginally lower due to the ongoing capacity upgradation shutdown of Blast Furnace 3 (BF3) at its Vijayanagar Steel Plant facility. The furnace has been under shutdown since September 2025 for expansion and modernization.
Indian Operations Show Stable Performance
Crude steel production from JSW Steel’s Indian operations totaled 23.06 lakh tonnes in February 2026, slightly down from 23.32 lakh tonnes recorded during the same month last year, representing a 1% decline.
However, the company noted that if the previous year’s BF3 output is excluded from the comparison base, production volumes would have shown approximately 8% growth year-on-year, driven by the full ramp-up of operations at JSW Vijayanagar Metallics Limited (JVML).
Capacity utilisation at Indian facilities remained strong:
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~97% excluding BF3 capacity
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~88% including BF3 capacity
US Operations Impacted by Weather and Upgrades
Production at the company’s US operations in Ohio was lower during the month. Output from JSW Steel USA declined to 0.60 lakh tonnes, compared with 0.75 lakh tonnes in February 2025, marking a 20% year-on-year drop.
The decline was attributed to ramping up operations after caster upgrades completed in January 2026, along with disruptions caused by severe winter storms in the region.
Production Break-Up (Lakh Tonnes)
| Segment | February 2026 | February 2025 | YoY Change |
|---|---|---|---|
| Indian Operations | 23.06 | 23.32 | -1% |
| JSW Steel USA – Ohio | 0.60 | 0.75 | -20% |
| Consolidated Production | 23.66 | 24.07 | -2% |
Growth Plans and Industry Position
JSW Steel is the flagship company of the diversified JSW Group, which has interests across sectors including energy, infrastructure, cement, paints, mobility, defence, and venture capital.
The steelmaker currently has a consolidated crude steel capacity of 35.7 million tonnes per annum (MTPA), including 1.5 MTPA in the United States, while domestic capacity stands at 34.2 MTPA.
As part of its expansion strategy, the company plans to increase consolidated capacity to 48.9 MTPA over the next four years. Its Vijayanagar facility in Karnataka, with 17.5 MTPA capacity, remains the largest single-location steel-producing plant in India.
Sustainability and Innovation Focus
JSW Steel has also received global recognition for its sustainability initiatives. The company has been named a Steel Sustainability Champion by the World Steel Association for seven consecutive years from 2019 to 2025.
Additionally, the company aims to:
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Reduce CO₂ emissions by 42% by 2030
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Achieve net-zero carbon emissions by 2050
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Power steel-making operations entirely through renewable energy by 2030
The company’s sustainability roadmap aligns with India’s commitments under the Paris Climate Agreement.
Outlook
Despite temporary production impacts from maintenance shutdowns and weather disruptions, JSW Steel expects stronger output growth once the Vijayanagar blast furnace upgrade is completed and international operations stabilise.
With ongoing capacity expansions and increasing domestic steel demand, the company remains positioned to strengthen its leadership in India’s steel sector.