JSW Steel April '26 Consolidated Crude Steel Production at 21.18 Lakh Tonnes, Down 1% YoY
JSW Steel reported consolidated crude steel production of 21.18 lakh tonnes for April '26, down 1% YoY from 21.40 lakh tonnes. Indian operations fell 1% to 20.40 lakh tonnes while JSW Steel USA–Ohio declined 7% to 0.78 lakh tonnes. The BF3 shutdown at Vijayanagar for capacity upgradation impacted output, though production growth excluding BF3 was approximately 10% driven by full ramp-up of JVML operations.
*this image is generated using AI for illustrative purposes only.
JSW Steel reported its consolidated crude steel production for April '26 at 21.18 lakh tonnes, marking a 1% decline on a year-on-year basis. The company had produced 21.40 lakh tonnes in the same period last year, indicating a modest contraction in output. The decline was observed across both Indian operations and its US facility, with a notable impact from a planned shutdown at its Vijayanagar plant.
Production Performance Overview
The following table presents the segment-wise breakdown of JSW Steel's consolidated crude steel production:
| Particulars: | April 2026 | April 2025 | YoY Change |
|---|---|---|---|
| Indian Operations: | 20.40 lakh tonnes | 20.56 lakh tonnes | -1% |
| JSW Steel USA – Ohio: | 0.78 lakh tonnes | 0.84 lakh tonnes | -7% |
| Consolidated Production: | 21.18 lakh tonnes | 21.40 lakh tonnes | -1% |
Note: The steel business undertaking of Bhushan Power and Steel Limited (BPSL), a subsidiary of the Company, was transferred on a slump-sale basis to JSW-JFE Steel Limited (JV company) in March 2026. The production figures relating to the transferred undertaking have been reduced from the previous year's numbers for comparison.
Operational Highlights
Blast Furnace 3 (BF3) at Vijayanagar is currently under shutdown for capacity upgradation, which has impacted crude steel production at the Indian operations level. Excluding BF3 production from last year's base, production growth was approximately 10%, driven by the full ramp-up of JVML operations. Capacity utilisation for Indian operations for the month, excluding BF3 capacity, stood at approximately 94%, while including BF3 capacity, it was at 83%.
Key Highlights
- Consolidated crude steel production for April '26 stood at 21.18 lakh tonnes, down 1% YoY.
- Indian operations produced 20.40 lakh tonnes, compared to 20.56 lakh tonnes in the prior year period, a decline of 1%.
- JSW Steel USA – Ohio recorded production of 0.78 lakh tonnes, down 7% from 0.84 lakh tonnes.
- BF3 at Vijayanagar is under shutdown for capacity upgradation, impacting Indian operations output.
- Excluding BF3, production growth was approximately 10%, driven by full ramp-up of JVML operations.
- Capacity utilisation for Indian operations was approximately 94% (excluding BF3) and 83% (including BF3).
About JSW Steel
JSW Steel is the flagship business of the diversified, US$ 23 billion JSW Group. The company has grown to become India's leading integrated steel company with a consolidated crude steel capacity of 35.7 MTPA, including 1.5 MTPA in the US. Domestic crude steel capacity stands at 34.2 MTPA, with the next phase of growth targeting consolidated capacity of 48.9 MTPA over the next four years. The company's plant in Vijayanagar, Karnataka, is the largest single-location steel-producing facility in India with a current capacity of 17.5 MTPA.
JSW Steel holds a strategic collaboration with JFE Steel of Japan, enabling access to advanced technologies for high-value special steel products. The company is recognised as a World Steel Association Steel Sustainability Champion consecutively for seven years from 2019 to 2025, and is ranked #1 globally in the steel sector in the S&P Global Corporate Sustainability Assessment (CSA 2025). It is also ranked 8th among the top 35 world-class steelmakers according to World Steel Dynamics (WSD). JSW Steel aims to reduce its CO₂ emissions by 42% from its steel-making operations by 2030 and has committed to achieving net neutral carbon emissions for all operations under its direct control by 2050.
Historical Stock Returns for JSW Steel
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.80% | +1.80% | +4.95% | +7.88% | +26.83% | +80.10% |
When is BF3 at Vijayanagar expected to resume operations, and what incremental capacity will the upgradation add to JSW Steel's overall production?
How will the JSW-JFE Steel Limited joint venture's production ramp-up trajectory impact JSW Steel's consolidated output over the next 12 months?
Given the 7% YoY decline at JSW Steel USA – Ohio, what strategic measures is the company considering to improve performance at its US operations amid challenging market conditions?
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