JSW Steel: Q1 FY27 Crude Steel Production at 6.59 MnT
JSW Steel reported consolidated crude steel production of 6.59 million tonnes for the first quarter of FY27. This represents a 3% year-on-year growth, despite a shutdown for capacity upgradation at its Vijayanagar plant's Blast Furnace 3. Excluding the impact of BF3 shutdown, volumes grew approximately 15% YoY, driven by the ramp-up of JVML operations and improved utilization at the Dolvi Unit. Indian operations contributed 6.35 million tonnes, with JSW Steel USA - Ohio adding 0.24 million tonnes. Capacity utilization for Indian operations, excluding the BF3 shutdown, was around 94%. The company also highlighted its ongoing expansion plans to reach a combined crude steel capacity of 54.8 MTPA over the next four years.
Key Highlights
- Consolidated crude steel production reached 6.59 million tonnes in Q1 FY27.
- Year-on-year production grew by 3%, with a 15% growth excluding BF3 shutdown impact.
- Indian operations produced 6.35 million tonnes, with 94% capacity utilization (excluding BF3).
- Company is on track for expansion to 54.8 MTPA capacity in the next four years.
- JSW Steel USA - Ohio contributed 0.24 million tonnes to production.
Price Impact
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