JSW Steel Ltd. reported consolidated crude steel production of 7.27 million tonnes in the September quarter of FY27, representing a 5% year-on-year increase. Production from its Indian operations stood at 7.07 million tonnes during the quarter.
For the first half of FY27, consolidated crude steel production increased 4% YoY to 13.86 million tonnes. Capacity utilisation at the company’s Indian operations was 88% during the quarter, while utilisation reached 90% in September as operations at Vijayanagar continued ramping up after an upgrade to Blast Furnace 3.
The production update provides an indication of operating activity ahead of the company’s detailed financial results. Investors will be monitoring steel demand, realisations and input costs to assess how higher output translates into revenue and profitability.
