Image Source: The Week
JSW Steel Ltd has reported a consolidated crude steel production of 7.26 million tonnes for the first quarter of FY26, marking a robust operational performance amid evolving global and domestic demand dynamics. The figure reflects a 14% yearonyear growth and a 9% sequential increase, underscoring the company’s rampup momentum across its facilities.
Key Highlights of Q1 FY26 Performance
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Crude steel output reached 7.26 million tonnes, up from 6.35 million tonnes in Q1 FY25
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Capacity utilization across Indian operations stood at 93%, driven by improved efficiencies and commissioning of new units
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Domestic sales surged to 6.72 million tonnes, with valueadded and special products comprising 60% of total volumes
Operational Drivers and Strategic Expansion
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The new blast furnace at JSW Vijayanagar Metallics operated at over 90% utilization, contributing significantly to output
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JSW ramped up production at Bhushan Power & Steel Ltd (BPSL), with PhaseII expansion nearing full commissioning
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Export volumes remained muted due to global trade headwinds, but institutional and automotive segment sales hit record highs
Market Outlook and Sustainability Push
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JSW Steel continues to benefit from India’s infrastructureled growth and resilient steel consumption trends
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The company’s GreenEdge lowemission steel brand and Responsible Steel certifications reinforce its ESG leadership
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Strategic investments in renewable energy, scrapbased steelmaking, and digital optimization are expected to support longterm margin expansion
Sources: JSW Steel official website, Q1 FY26 Earnings Call Transcript, Economic Times, World Steel Association.
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