JSW Steel, Tata Steel, AM/NS India and Jindal Steel are expanding downstream capabilities as demand rises for higher-performance, premium steel products
While several firms have responded with calibrated price increases to protect margins, many signalled that further price escalations could follow
JSW Steel on Monday reported a three per cent rise in consolidated crude steel production to 24.02 lakh tonnes in July. The company's crude steel output stood at 23.27 lakh tonnes (LT) in the corresponding month last year. The production from the company's Indian operations increased by four per cent to 23.39 LT, compared to 22.55 LT in July 2025. Meanwhile, output from JSW Steel USA's Ohio facility dropped by 13 per cent to 0.63 lakh tonnes, against 0.72 lakh tonnes a year ago. "The capacity utilisation for Indian operations for the month was at 87 per cent. BF3 of Vijayanagar is ramping up well post re-start from 23 June 2026, and currently operating at above 80 per cent of its rated capacity," the company said in a filing to BSE. JSW Steel is the flagship business of the USD 25-billion JSW Group. The diversified conglomerate's operations span energy, infrastructure, cement, paints, realty, mobility and defence sectors. Over the last three decades, JSW Steel has grown from a s
Key constituents of Nifty Metal index, steel stocks face a challenging earnings season amid diverging domestic pricing trends and mounting global risks from China and tighter EU import restrictions.
JSW Steel reported a 113 per cent y-o-y jump in consolidated profit for the first quarter to ₹4,651 crore. The steel giant's revenue increased 9.8 per cent on an annual basis.
JSW Steel expects stronger H2 growth as domestic demand stays robust, export opportunities improve and lower raw material costs begin to support margins
Revenue from operations rose 9.8% to ₹47,364 crore, while profit before tax doubled to ₹6,160 crore and expenses increased 3.7%
The Nifty Metal index surged 2.5% led by Hindalco, NALCO and Hindustan Copper as aluminium prices rose over 5% from recent lows in July.
Stocks to watch today: TCS, Maruti Suzuki, JSW Steel, JK Tyre, Federal Bank, AU SFB, SAIL, Nalco, NLC India, Anand Rathi Wealth, JSW Steel, Cummins India, among others, will be in focus today
Production rose to 6.59 million tonnes despite a prolonged shutdown at the Vijayanagar plant, while Indian operations ran at 94 per cent utilisation
JSW Steel described the Rayalaseema investment as one of the largest industrial projects in the region
Analysts at Axis Securities believe Nifty's strong June rollovers suggest a likely bullish conviction for the July series.
Aluminium remains is UBS' preferred sub-sector, that offers a mix of earnings growth (cyclical tailwinds), valuation support, and potential to deleverage.
Stocks to Watch today: IndiGo, SpiceJet, Afcons infra, JSW Infra, Bharti Hexacom, NTPC Green Energy, NTPC, NLC India, FirstCry, JW Steel, HDFC Bank, among others, will in focus today.
JSW Steel reported a 15 per cent increase in consolidated crude steel production in May, supported by higher output from Indian operations, Dolvi plant operations and JV ramp-up
Output gains were driven by full operations at Dolvi and the ramp-up of JVML, while a key blast furnace at Vijayanagar remained shut for expansion
13.2 mtpa plant coming up on land once earmarked for South Korea's Posco
Since April, the Nifty Metal index has zoomed 25 per cent, as against 7.2 per cent gain in Nifty 50.
Facility to come up on land initially acquired for Posco in Odisha's Paradip
Stocks to Watch today, May 19, 2026: Adani Group stocks, Indian Oil, JSW Steel, Astral, and Lupin are some of the key stocks to watch today