The
country’s largest steelmaker by capacity said production from its Indian
operations stood at 2.19 million tonnes during the month, up 15 per cent from
1.91 million tonnes a year earlier. Output from its US facility in Ohio grew 20
per cent to 950,000 tonnes from 790,000 tonnes.
JSW Steel attributed the higher production primarily to the full
operation of its Dolvi plant, where one blast furnace had been under planned
maintenance shutdown in May 2025, and the complete ramp-up of operations at
JVML.
The company said Blast Furnace-3 at its Vijayanagar
facility in Karnataka remains shut down for a capacity expansion programme and
is expected to restart in the second half of June 2026.
Despite the outage, capacity utilisation at the
company’s Indian operations remained robust. Excluding the capacity of Blast
Furnace-3, utilisation stood at around 98 per cent during May. Including the
furnace, overall utilisation was 87 per cent.
JSW Steel
noted that the year-on-year comparison excludes production from the Bhushan
Power and Steel Ltd (BPSL) undertaking that was transferred to JSW-JFE Steel
Ltd, its joint venture with Japan’s JFE Steel, through a slump sale completed
in March 2026. The previous year’s production figures were adjusted accordingly
to ensure comparability. The company
currently has a combined crude steel capacity of 37.9 million tonnes per annum
(MTPA), including 4.5 MTPA through the JSW-JFE joint venture, and plans to
expand this to 54.8 MTPA over the next four years.