JSW Steel announced its highest ever quarterly consolidated crude steel production, reaching 7.90 million tonnes in Q2 FY26. This represents a 17% year-on-year increase and a 9% increase compared to the previous quarter. Capacity utilization at Indian operations was strong at 92%.
Production Highlights
JSW Steel has reported a record-breaking consolidated crude steel production of 7.90 million tonnes for Q2 FY26 (July-September 2025). This reflects substantial growth compared to previous periods.
Key figures include:
- Crude Steel Production: 7.90 million tonnes
- Year-on-Year Growth: 17%
- Quarter-on-Quarter Growth: 9%
Operational Performance
The company’s Indian operations achieved a capacity utilization of 92% during Q2 FY26, demonstrating efficient and robust performance.
Production Breakdown (Mnt)
Here’s a detailed breakdown of the production:
| Particulars | Q2 FY26 | Q1 FY26 | Q2 FY25 | QoQ | YoY |
| Indian Operations | 7.66 | 7.02 | 6.63 | 9% | 16% |
| JSW Steel USA – Ohio | 0.24 | 0.24 | 0.14 | ||
| Consolidated Production | 7.90 | 7.26 | 6.77 | 9% | 17% |
JVML Expansion
JVML, a wholly-owned subsidiary, commissioned its second converter on August 30, 2025, bringing the total crude steel capacity of Indian operations to 34.2 MTPA. The integrated 5 MTPA operations at JVML operated at 88% capacity in September 2025.
Planned Upgrade
Blast Furnace 3 at Vijayanagar was shut down for 150 days towards the end of September 2025. This shutdown facilitates an upgrade to increase hot metal capacity from 3 MTPA to 4.5 MTPA.
H1 FY26 Production Volumes
The production volumes for the first half of FY26 are as follows:
| Particulars | H1 FY26 | H1 FY25 | YoY |
| Indian Operations | 14.69 | 12.75 | 15% |
| JSW Steel USA – Ohio | 0.48 | 0.37 | |
| Consolidated Production | 15.16 | 13.12 | 16% |
Source: BSE