JSW Steel Limited has disclosed its consolidated crude steel production figures for the month of May 2026 through a regulatory filing submitted to the National Stock Exchange of India Limited and BSE Limited.

Production Performance

  • Consolidated Crude Steel Production: 22.93 lakh tonnes in May 2026
  • Year-over-Year Growth: 15% increase compared to May 2025 production of 19.96 lakh tonnes

Production Breakdown by Operation

Indian Operations:

  • May 2026: 21.98 lakh tonnes
  • May 2025: 19.17 lakh tonnes (adjusted figure)
  • YoY Growth: 15%

JSW Steel USA – Ohio Operations:

  • May 2026: 0.95 lakh tonnes
  • May 2025: 0.79 lakh tonnes
  • YoY Growth: 20%

Comparative Data Adjustment Note

The production figures for May 2025 have been adjusted to exclude the steel business undertaking of Bhushan Power and Steel Limited (BPSL), which was transferred on a slump-sale basis to JSW-JFE Steel Limited (JV company) in March 2026.

Operational Factors Affecting Production

Positive Factors:

  • Full operations at Dolvi unit (one blast furnace was under planned maintenance shutdown in May 2025)
  • JVML operations fully ramped up

Capacity Constraints:

  • Blast Furnace 3 (BF3) at Vijayanagar is currently under shutdown for capacity upgradation
  • Expected restart: Second fortnight of June 2026

Capacity Utilization Metrics

For Indian operations in May 2026:

  • Excluding BF3 capacity: ~98% utilization
  • Including BF3 capacity: 87% utilization

Company Background Information

JSW Steel is the flagship business of the diversified JSW Group (US$ 23 billion). The company has:

  • Current combined crude steel capacity: 37.9 MTPA (including 4.5 MTPA through JSW JFE Steel JV)
  • Planned capacity expansion to 54.8 MTPA over the next four years
  • Vijayanagar plant capacity: 19.5 MTPA (expanding to ~25 MTPA by FY30)
  • Strategic collaboration with JFE Steel of Japan

Sustainability and Recognition Highlights

  • WorldSteel's Steel Sustainability Champion (2019-2026, 8 consecutive years)
  • Deming Prize for TQM (Vijayanagar 2018, Salem 2019)
  • FTSE4Good Index constituent
  • Dow Jones World and Emerging Markets Sustainability Indices (DJSI 2025)
  • Ranked #1 globally in steel sector in S&P Global Corporate Sustainability Assessment (CSA 2025)
  • 4 operations now Responsible Steel Certified
  • Energy Transition Changemakers recognition at COP28 for SEED project
  • Ranked 6th among top 34 world-class steelmakers by World Steel Dynamics (December 2025)

Environmental Commitments

  • CO₂ emission reduction target: 42% reduction by 2030 (aligned with Paris Accord)
  • Net neutral carbon emission target by 2050 for all operations under direct control
  • Biodiversity target: No net-loss at operating sites by 2030
  • Zero Liquid Discharge maintained

Forward Looking Statements

The document includes cautionary statements regarding forward-looking information, noting risks and uncertainties including fluctuations in earnings, growth management, intense competition, cost advantages, wage increases, skilled professional retention, contract overruns, reduced steel demand, acquisition integration, and general economic conditions.