JSW Steel Reports 23.66 Lakh Tonnes Crude Steel Production in Feb 2026
Filing Summary
JSW Steel Ltd reported a consolidated crude steel production of 23.66 lakh tonnes for February 2026. The production was impacted by the shutdown of Blast Furnace 3 at Vijayanagar for capacity upgradation. This resulted in a 1% year-on-year decline in Indian operations. However, excluding BF3, Indian operations saw an 8% increase in production due to the ramp-up of JVML operations. Capacity utilization excluding BF3 was 97%, while including BF3, it was 88%. Production at JSW Steel USA – Ohio decreased by 20% due to operational ramp-up and weather conditions.
JSW Steel Ltd reported a consolidated crude steel production of 23.66 lakh tonnes for February 2026. This figure reflects a 2% year-on-year decline from February 2025. The production was affected by the shutdown of Blast Furnace 3 (BF3) at Vijayanagar, which has been under capacity upgradation since September 2025. This impacted the crude steel production at the Indian operations level, resulting in a 1% year-on-year decline for February 2026.
Excluding the production from BF3, the year-on-year volumes for Indian operations grew by approximately 8%, driven by the full ramp-up of JVML operations. The capacity utilization for Indian operations, excluding BF3 capacity, was at 97%. Including BF3 capacity, the utilization was at 88%. Production at JSW Steel USA – Ohio was lower due to the ramping up of operations after caster upgrades in January 2026 and extreme weather conditions caused by a winter storm.
The breakdown of production for February 2026 shows Indian operations at 23.06 lakh tonnes, compared to 23.32 lakh tonnes in February 2025, marking a 1% decrease. JSW Steel USA – Ohio produced 0.60 lakh tonnes, down from 0.75 lakh tonnes in February 2025, reflecting a 20% decline. The overall consolidated production for February 2026 was 23.66 lakh tonnes, compared to 24.07 lakh tonnes in February 2025.
JSW Steel is part of the diversified JSW Group, which has interests in energy, infrastructure, cement, paints, realty, e-platforms, mobility, defense, sports, and venture capital. Over the past three decades, JSW Steel has expanded from a single manufacturing unit to become India’s leading integrated steel company. It has a consolidated crude steel capacity of 35.7 million tonnes per annum (MTPA), including 1.5 MTPA in the US. The company’s domestic crude steel capacity stands at 34.2 MTPA.
The company’s plant in Vijayanagar, Karnataka, is the largest single-location steel-producing facility in India, with a current capacity of 17.5 MTPA. JSW Steel has a strategic collaboration with JFE Steel of Japan, enabling access to advanced technologies for producing high-value special steel products. These products are used across various industries, including construction, infrastructure, and automotive sectors.
JSW Steel is recognized for its excellence in business and sustainability practices. It has received several accolades, including the World Steel Association’s Steel Sustainability Champion and the Deming Prize for Total Quality Management. The company is also a constituent of the FTSE4Good Index and the Dow Jones World and Emerging Markets Sustainability Indices. JSW Steel aims to reduce its CO2 emissions by 42% from its steel-making operations by 2030 and achieve net neutrality in carbon emissions by 2050.