JSW Steel has reported consolidated crude steel production of 23.66 lakh tonnes for February 2026, marking a 2% year-on-year decline from 24.07 lakh tonnes in February 2025. The production figures were disclosed in compliance with SEBI LODR Regulations.

Production Performance Breakdown

The company's production performance showed mixed results across its operations, with the ongoing upgradation of Blast Furnace 3 (BF3) at Vijayanagar impacting overall output.

Operational Efficiency and Capacity Utilization

Despite the overall decline, the company demonstrated strong operational efficiency when accounting for the BF3 shutdown. The capacity utilization for Indian operations excluding BF3 capacity reached approximately 97%, while including BF3 capacity, the utilization rate stood at 88%.

Blast Furnace 3 at Vijayanagar has been under shutdown for capacity upgradation since September 2025, which impacted crude steel production at the Indian operations level. However, excluding BF3 production from the previous year's base, year-on-year volumes grew approximately 8%, driven by the full ramp-up of JVML operations.

US Operations Performance

Production at the USA Ohio operations was notably lower, declining 20% year-on-year. This decrease was attributed to the ramping up of operations following caster upgrades completed in January 2026 and extreme weather conditions caused by winter storms that affected operational efficiency.

Strategic Developments

The ongoing BF3 upgradation project represents part of JSW Steel's broader capacity expansion strategy. The company maintains a consolidated crude steel capacity of 35.7 MTPA, including 1.5 MTPA in the US, with domestic crude steel capacity standing at 34.2 MTPA. The next phase of growth is planned to take consolidated capacity to 48.9 MTPA over the next four years.

JSW Steel Limited has formally notified stock exchanges about upcoming analyst and institutional investor meetings scheduled for March 18-19, 2026. The meetings will be held at the Jefferies 7th Asia Forum in Hong Kong, providing a platform for the company to engage with key stakeholders in the investment community.

Meeting Details and Format

The scheduled investor engagement sessions will span two days and include multiple interaction formats to accommodate different investor preferences and requirements.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under Regulation 30(6) of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about scheduled analyst and institutional investor meetings to ensure transparency and equal access to information.

The formal communication was sent to both major Indian stock exchanges where JSW Steel shares are listed. The notification was signed by Manoj Prasad Singh, Company Secretary (in interim capacity), and dated March 06, 2026.

Flexibility in Scheduling

JSW Steel has indicated that the meeting schedule may be subject to modifications based on operational requirements or investor availability. The company has specifically noted that changes could occur due to exigencies on the part of either the investors or the company itself.

These investor meetings represent part of JSW Steel's ongoing engagement strategy with the analyst and institutional investor community, providing opportunities for direct dialogue about the company's performance, strategy, and market outlook. The Hong Kong venue positions the meetings strategically for engagement with Asian institutional investors and international analysts covering the Indian steel sector.