JSW Steel Reports 6.59 Million Tonnes Of Consolidated Crude Steel Production In Q1 FY27

JSW Steel Limited has announced its consolidated crude steel production for the first quarter of FY27, reporting an output of 6.59 million tonnes (MnT). The production increased 3% year-on-year (YoY) and 2% quarter-on-quarter (QoQ).

The company said production growth was impacted by the temporary shutdown of one of its blast furnaces for a capacity expansion project.

JSW SteelQ1 FY27 Production Performance

JSW Steel's production during the quarter was as follows:

The company noted that production figures for the previous year have been adjusted following the transfer of Bhushan Power and Steel Limited's steel business to JSW JFE Steel Limited in March 2026.

Blast Furnace Upgrade Impacted Production

JSW Steel said Blast Furnace 3 (BF3) at its Vijayanagar plant was shut down temporarily for a capacity expansion programme. The furnace resumed hot metal production on 23 June 2026.

According to the company, the shutdown affected overall production growth during the quarter.

However, excluding the impact of BF3 from the previous year's base, crude steel production grew by around 15% year-on-year. This growth was supported by:

• Full ramp-up of JSW Vijayanagar Metallics Limited (JVML) operations.
• Improved capacity utilisation at the Dolvi plant.

Capacity Utilisation Remained Strong

Despite the temporary shutdown, the company achieved approximately 94% capacity utilisation at its Indian operations during Q1 FY27, excluding the capacity of Blast Furnace 3.

This reflects steady operational performance across its manufacturing facilities.

About JSW Steel

JSW Steel is the flagship company of the US$25 billion JSW Group and is one of India's largest integrated steel manufacturers.

Some key highlights of the company include:

• Combined crude steel capacity of 37.9 million tonnes per annum (MTPA), including capacity through the JSW JFE Steel joint venture.
• Plans to increase total capacity to 54.8 MTPA over the next 4 years.
• The Vijayanagar plant in Karnataka is India's largest single-location steel manufacturing facility and is being expanded to approximately 25 MTPA by FY30. 

Read more: Gold Falls Over 12% in June 2026, Set for Biggest Monthly Decline Since October 2008!

JSW Steel Share Price Movement

On July 9, 2026, JSW Steel share price (NSE: JSWSTEEL ) was trading at ₹1,233.10, up ₹13.60 (1.12%) during the day. The stock opened at ₹1,224.00, touched an intraday high of ₹1,234.50, and a low of ₹1,220.30. It had a market capitalisation of approximately ₹3.07 lakh crore, was trading at a price-to-earnings (P/E) ratio of 13.51, and has a 52-week high of ₹1,328.00.

Conclusion

JSW Steel reported consolidated crude steel production of 6.59 million tonnes in Q1 FY27, recording 3% year-on-year growth despite the temporary shutdown of Blast Furnace 3 for capacity expansion. 

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