JSW Steel Share Price in Focus; Reports 8% YoY Growth in Crude Steel Production for FY26

JSW Steel has announced a significant achievement in its production capabilities, reporting a combined crude steel production of 30.14 million tonnes for the fiscal year 2026.  

This represents an 8% year-on-year growth, underscoring the company's robust operational strategies. 

Production Growth and Operational Enhancements 

In FY26, JSW Steel's Indian operations produced 29.25 million tonnes, an increase from 26.98 million tonnes in FY25.  

The Salem unit's capacity was enhanced from 1.0 MTPA to 1.15 MTPA following upgrades to its casters and the commissioning of a new Ladle Furnace and Vacuum Degasser.  

However, the shutdown of Blast Furnace-3 at Vijayanagar for capacity upgradation impacted production, with capacity utilisation at approximately 92% excluding this furnace. 

International Contributions and Joint Ventures 

JSW Steel USA in Ohio contributed 0.83 million tonnes to the overall production.  

Additionally, the formation of a joint venture with JFE Steel Japan led to the transfer of Bhushan Power and Steel Limited's steel business to JSW Sambalpur Steel Ltd., adding 0.06 million tonnes to the production figures. 

Quarterly Performance and Capacity Utilisation 

In Q4 FY26, combined crude steel production was 7.49 million tonnes. The capacity utilisation for Indian operations was around 96% excluding BF-3 and 87% including it.  

This quarter saw a slight decrease compared to Q4 FY25, where production was 7.63 million tonnes. 

Read More: Jindal Steel Deploys Coal Gasification to Boost Energy Security and Low-Carbon Steel! 

JSW Steel's Strategic Position and Sustainability Initiatives 

JSW Steel, a key player in the JSW Group, has a consolidated crude steel capacity of 35.9 MTPA, with 34.4 MTPA in India.  

The company is recognised for its sustainability practices, having received accolades such as the World Steel Association's Steel Sustainability Champion.  

JSW Steel is committed to reducing CO2 emissions by 42% by 2030 and achieving net-zero carbon emissions by 2050. 

JSW Steel Share Price Performance 

As of April 9, 2026, at 3:30 PM, JSW Steel share price on NSE was closed at ₹1,209.70 up by 1.29% from the previous closing price. 

Conclusion 

JSW Steel's 8% growth in crude steel production for FY26 highlights its resilience and strategic enhancements in operations. Despite challenges such as the BF-3 shutdown, the company has maintained strong production levels and continues to focus on sustainability and innovation. 

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