JSW Steel Reports 23.66 Lakh Tonnes Crude Steel Production In February

JSW Steel reported consolidated crude steel production of 23.66 lakh tonnes in February 2026, slightly lower compared to 24.07 lakh tonnes in February 2025, marking a 2% year-on-year decline.

Impact Of Vijayanagar Plant Shutdown

Production at the company’s Indian operations stood at 23.06 lakh tonnes, compared with 23.32 lakh tonnes in the same month last year, showing a 1% decline.

The drop in output was mainly due to the shutdown of Blast Furnace-3 (BF3) at the company’s Vijayanagar plant, which has been under upgrade since September 2025 to increase its production capacity.

However, if the BF3 output from last year is excluded, the company said production volumes actually grew about 8% year-on-year, supported by the full ramp-up of operations at JSW Vijayanagar Metallics Ltd (JVML).

Capacity Utilisation Levels

For February, capacity utilisation at Indian operations was around 97% excluding BF3 capacity, while overall utilisation including BF3 stood at about 88%.

About JSW Steel

JSW Steel is the flagship company of the JSW Group, a diversified group with interests in sectors such as energy, infrastructure, cement, paints, mobility, defence, real estate, and digital platforms.

Sustainability And Innovation Initiatives

The company has a technology partnership with JFE Steel of Japan, which helps it develop advanced and high-value steel products used in industries such as construction, infrastructure, automobiles, electrical equipment, and appliances.

JSW Steel has also received several recognitions for sustainability and operational excellence. It has been named a Steel Sustainability Champion by the World Steel Association for seven consecutive years from 2019 to 2025.

The company aims to reduce carbon emissions from its steel-making operations by 42% by 2030 and achieve net-zero carbon emissions by 2050.

Read More: Tata Power Share Price in Focus; Collaborates with Salesforce to Accelerate India’s Clean Energy Transition! 

JSW Steel Share Price Movement

JSW Steel share price (NSE: JSWSTEEL) was trading at ₹1,212, up ₹19.40 or 1.63%, on March 10 at 1:24 PM (IST). The stock opened at ₹1,196.10 and touched an intraday high of ₹1,214.20 and a low of ₹1,195.20 during the trading session.

Conclusion

JSW Steel’s February production saw a slight decline mainly due to the temporary shutdown of a blast furnace at its Vijayanagar plant and lower output from its US operations. However, excluding the shutdown impact, the company reported healthy production growth, reflecting strong operational performance at its Indian facilities.

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