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%
Q1FY27 company results: Firms including Havells India, Federal Bank, Central Bank of India, Oberoi Realty, and RBL Bank are also to release their April-June earnings today
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
Higher steel and aluminium prices, better realisations and firm global metal trends are expected to support Q1 FY27 earnings despite higher input costs and softer volumes
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 Infrastructure will build a 52 mtpa captive jetty in Odisha at an investment of over ₹2,100 crore to support JSW Steel's upcoming 13.2 mtpa integrated steel plant
JSW Steel described the Rayalaseema investment as one of the largest industrial projects in the region
Aluminium remains is UBS' preferred sub-sector, that offers a mix of earnings growth (cyclical tailwinds), valuation support, and potential to deleverage.
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
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
JSW Energy on Monday announced the sale of 2.5 crore equity shares in JSW Steel for Rs 3,150 crore through a bulk deal on the National Stock Exchange of India Ltd on May 18. Post-transaction, the company's balance holding is 4,50,38,350 equity shares of JSW Steel Ltd, a regulatory filing said. According to the filing, the company has divested 2,50,00,000 equity shares (face value Re 1 each) of JSW Steel Ltd through a bulk deal on the National Stock Exchange of India Ltd on May 18, as part of a strategic liquidity release, realising gross proceeds of Rs 3,150 crore. The monetisation of a part of the shareholding in JSW Steel Ltd not only releases capital for pursuing the company's growth strategy but also improves return on capital employed, reinforcing the company's commitment to disciplined capital allocation and long-term value creation for shareholders, it added.
JSW Steel plans to expand capacity to 78 million tonnes in India, banking on strong domestic demand and supply-chain resilience despite global volatility
Company plans to raise India steelmaking capacity to 62 MTPA by FY32 as quarterly revenue and sales hit record highs