JSW Steel Ltd. reported a 6 % year-on-year increase in consolidated crude steel production for the third quarter of the 2025-26 fiscal year, reaching 7.48 million tonnes. The figure marks an improvement over the corresponding quarter in the previous year, despite sequential headwinds.
Production was affected by a planned shutdown at the company’s Vijayanagar facility for the upgrade of Blast Furnace-3 (BF3), which has been offline since late September 2025. JSW Steel said the upgraded furnace is expected to be commissioned by the end of Q4 FY26. As a result of the temporary closure, capacity utilisation at Indian operations for the quarter was around 93 % excluding BF3, and about 85 % including BF3’s capacity.
On a quarter-on-quarter basis, consolidated production declined 5 % from 7.90 million tonnes in Q2 FY26, reflecting the impact of the shutdown and capacity constraints.
Breaking down performance by region, Indian operations produced 7.28 million tonnes in Q3 FY26, down from 7.66 million tonnes in Q2 FY26 but about 7 % higher than the year-ago quarter. The company’s Ohio, USA operations contributed 0.20 million tonnes during the period, remaining broadly stable year-on-year.
For the nine months ended December 2025, JSW Steel’s consolidated crude steel output rose 12 % year-on-year to 22.65 million tonnes. Indian operations similarly recorded a 12 % increase to 21.97 million tonnes, while the Ohio unit contributed 0.68 million tonnes over the period.
The production growth underscores the company’s operational resilience amid strategic expansion and capacity upgrades, even as short-term disruptions weigh on quarterly output.
