JSWSTEELJSW Steel

JSW Steel's consolidated crude steel output rises 5% to 7.27 million tonnes in Q2

JSW Steel reported consolidated crude steel production of 7.27 million tonnes for the September quarter, up 5% from a year earlier and 10% from the June quarter.

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What happened

  • Consolidated crude steel production was 7.27 million tonnes in the September quarter, up 5% year on year and 10% on the previous quarter, according to Upstox and TipRanks.
  • Production at the Indian operations was 7.07 million tonnes, up 5% year on year and 11% on the previous quarter.
  • Capacity utilisation at the Indian operations was 88% for the quarter and about 90% in September, as the upgraded Blast Furnace 3 at Vijayanagar ramped up after its shutdown for the upgrade, per Upstox.
  • Consolidated production for the first half of FY27 was 13.86 million tonnes, up 4% from 13.32 million tonnes a year earlier.
  • The shares closed at ₹1,175.20 on Thursday, down 4.46%.

Why it matters

The figures are production volumes. The company has not published results for the quarter in this update.

Good to know: Capacity utilisation is actual output as a share of the capacity a plant is built to produce. A plant that has been shut for an upgrade usually runs below full utilisation while it ramps up.

Key facts

Consolidated crude steel production
7.27 million tonnes (+5% year on year, +10% on the quarter)
India crude steel production
7.07 million tonnes (+5% year on year, +11% on the quarter)
India capacity utilisation
88% in the quarter; about 90% in September
First half FY27 production
13.86 million tonnes (+4%)

Read the source

This is a summary of public news about JSW Steel, for information only. It is not a recommendation to buy, sell or hold JSWSTEEL.

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