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JSW Steel Ltd
JSW Steel Q2 crude steel production jumps 10% QoQ to 7.27 MT
Oct 08,2026

JSW Steel reported consolidated Crude Steel production for the second quarter of FY27 at 7.27 million tonnes, registering growth of 10% QoQ and 5% YoY.

The break-up of production is as below: (MnT)

Particulars  Q2 FY27 Q1 FY27 *Q2 FY26 QoQ YoY 
Indian Operations  7.07 6.35 6.71 11.3% 5%
JSW Steel USA - Ohio  0.2 0.24 0.24    
Consolidated Production  7.27 6.59 6.95 10% 5%

The capacity utilisation of Indian operations for Q2 FY27 was at 88%, while the capacity utilisation is ~90% for the month of September 2026, as BF3 of Vijayanagar is gradually ramping-up after the shutdown for upgradation of capacity.

The production volume for the H1 FY27 is as follows:

Particulars  H1 FY2027 *H1 FY2026 % Change 
Indian Operations  13.41 12.85 4%
JSW Steel USA - Ohio  0.45 0.48  
Consolidated Production  13.86 13.33 4%

* The steel business undertaking of Bhushan Power and Steel Limited (BPSL), a subsidiary of the Company, was transferred on a slump‑sale basis to JSW-JFE Steel Limited (a JV company) in March 2026. The production figures relating to the transferred undertaking have been reduced from previous year's numbers for comparison.

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