JSW Steel production climbs 14% year-over-year in first quarter

JSW Steel announced a consolidated crude steel production of 7.26 million tonnes for the first quarter of fiscal year 2026, representing a 14% increase compared to the same period last year. The production figures, however, are 5% lower than the previous quarter, primarily due to scheduled maintenance shutdowns of blast furnaces. JSW Steel reported that the blast furnaces have since been restarted and are operating at optimum capacity. Capacity utilization at the Indian operations stood at 87% for the quarter. The company highlighted its commitment to sustainability, noting its Responsible Steel certifications and carbon emission reduction targets. JSW Steel plans to reduce CO2 emissions by 42% from steel-making operations by 2030 and achieve net-zero carbon emissions by 2050.