JSW Steel has reported its consolidated crude steel production for the first quarter of the fiscal year 2026-27, achieving 6.59 million tonnes. This represents a 3% year-on-year growth. The production figures for Indian operations stood at 6.35 million tonnes, showing a 3% YoY increase, while JSW Steel USA - Ohio contributed 0.24 million tonnes. The consolidated production was 6.59 million tonnes, a 2% increase quarter-on-quarter and a 3% increase year-on-year. The company noted that the Blast Furnace 3 (BF3) at Vijayanagar was under shutdown for capacity upgradation and resumed hot-metal production on June 23, 2026. This shutdown impacted the crude steel production growth for the quarter. Excluding the BF3 production impact from the previous year's base, Q1 FY27 volumes saw a growth of approximately 15% year-on-year, driven by the full ramp-up of JVML operations and improved utilization at the Dolvi Unit. The capacity utilization for Indian operations in Q1 FY27, excluding the BF3 capacity under shutdown, was approximately 94%. It is also noted that the steel business undertaking of Bhushan Power and Steel Limited (BPSL), a subsidiary, was transferred on a slump-sale basis to JSW-JFE Steel Limited in March 2026. Production figures related to the transferred undertaking have been reduced from previous year's numbers for comparison.
