Monthly Update9 Jun 2026, 09:17 am
JSW Steel: May 2026 Crude Steel Output Up 15% YoY to 22.93 Lakh Tonnes
AI Summary
JSW Steel reported a consolidated crude steel production of 22.93 lakh tonnes for May 2026, marking a significant 15% year-on-year growth. This increase was driven by the full operational capacity of the Dolvi unit and the ramp-up of JVML operations. Indian operations contributed 21.98 lakh tonnes, a 15% YoY increase, while JSW Steel USA - Ohio saw a 20% YoY growth to 0.95 lakh tonnes. The company is undergoing capacity expansion, with plans to reach 54.8 MTPA in the next four years. Despite a planned shutdown for Blast Furnace 3 at Vijayanagar for capacity upgradation, Indian operations maintained a high capacity utilization of approximately 98% (excluding BF3) and 87% (including BF3).
Key Highlights
- Consolidated crude steel production reached 22.93 lakh tonnes in May 2026.
- Year-on-year growth in production stood at 15%.
- Full operations at Dolvi unit and ramp-up at JVML boosted output.
- Capacity utilization for Indian operations was high at ~98% (excluding BF3).
- Company is on track for significant capacity expansion to 54.8 MTPA.
Price Impact
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