JSW Steel Posts 5% Rise in November Crude Steel Output Despite Furnace Shutdown

JSW Steel recorded consolidated crude steel production of 24.39 lakh tonnes in November 2025, marking a 5% year-on-year increase. 

The performance reflects the company’s ability to sustain operational strength even as key capacity underwent major upgradation. Indian operations contributed 23.61 lakh tonnes, up from 22.53 lakh tonnes a year earlier, while JSW Steel USA – Ohio produced 0.78 lakh tonnes, compared to 0.70 lakh tonnes in November 2024.

Impact of Vijayanagar BF3 Shutdown and Capacity Utilisation

Capacity utilisation for JSW Steel’s Indian operations stood at 84% for the month. The lower rate was primarily due to the planned shutdown of Blast Furnace 3 (BF3) at the Vijayanagar plant, which has been offline since the end of September for expansion from 3 MTPA to 4.5 MTPA. 

Excluding BF3 capacity, utilisation levels were strong at approximately 93%, demonstrating operational resilience and efficient production management across other units.

Production Breakdown Highlights Stable Operational Execution

The production mix underscores consistent output across the company’s domestic and international operations. Indian production accounted for the majority share at 23.61 lakh tonnes, while the U.S. operations added incremental volumes with a 0.78 lakh tonne contribution. 

The consolidated production of 24.39 lakh tonnes highlights JSW Steel’s continued ability to meet market demand while progressing on long-term capacity expansion plans.

Expansion-Led Outlook Remains Positive

The BF3 upgradation at Vijayanagar represents a major step in JSW Steel’s broader growth strategy, aimed at boosting total capacity and improving operational efficiency. Once completed, the furnace expansion is expected to significantly enhance production capabilities, positioning the company for stronger volume growth in the coming quarters.

JSW Steel Share Price Performance

On December 9, 2025, JSW Steel share price (NSE: JSWSTEEL) opened at ₹1,118.00, touching the day’s low at ₹1,099.30, as of 11:56 AM on the NSE.

Also Read: JSW Infrastructure to Buy 3 Rail Logistics Companies!

Conclusion

JSW Steel’s 5% YoY production growth in November 2025 demonstrates strong operational performance despite temporary capacity constraints. With capacity expansion underway and utilisation levels remaining robust, the company is well placed to support future demand and sustain its growth momentum.

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