Quarterly Updates3 Jul 2026, 09:40 pm
Vedanta Iron & Steel Q1 FY27 Production Up: Pig Iron Hits Record High
AI Summary
Vedanta Iron and Steel Limited announced its production figures for the first quarter ended June 30, 2026. The company achieved its highest-ever quarterly Pig Iron production of 291 kt, an 8% year-on-year increase. Saleable ore production saw a significant 59% year-on-year rise to 1.2 Mn DMT, driven by operational efficiencies, particularly from the Odisha mines. Steel saleable production increased by 4% year-on-year to 582 KT. The Goa pig iron plant also recorded its highest-ever production at 238 kt, up 12% year-on-year. These operational updates precede the company's formal financial results.
Key Highlights
- Highest-ever quarterly Pig Iron production at 291 kt, up 8% YoY.
- Saleable ore production increased 59% YoY to 1.2 Mn DMT.
- Steel saleable production rose 4% YoY to 582 KT.
- Goa pig iron plant achieved record production of 238 kt, up 12% YoY.
- Operational performance reported ahead of formal financial results.
Price Impact
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