Steel Dynamics Q1 net income jumps to $403 million Nuvama downgrades Jindal Steel to Reduce Rebar and input costs remain on radar High speed steel market seen growing at 3.33% CAGR
JSW Steel posted a solid production performance in FY26, with consolidated crude steel output rising 8% year-on-year to 30.14 million tonnes from 27.79 million tonnes in FY25. Its Indian operations produced 29.25 million tonnes, while the Ohio unit in the US contributed 0.83 million tonnes. For the fourth quarter, consolidated production stood at 7.43 million tonnes, reflecting the impact of the ongoing blast furnace upgrade at Vijayanagar. The company said Indian operations ran at about 87% capacity utilisation during the quarter, or nearly 96% excluding the affected BF-3 capacity. JSW Steel also strengthened its production base with the Salem unit upgrade commissioned in February 2026, lifting capacity from 1 million tonnes per annum to 1.15 million tonnes per annum. In addition, production from JSW Sambalpur Steel has now been included following the Bhushan Power and Steel business transfer in late March. The latest numbers highlight JSW Steel’s resilience, expansion focus, and strong positioning in India’s steel growth story.
Also Read : Tata Steel Nederland Launches Transformation Plan to Boost Efficiency Metinvest Supplies 1,000 Tonnes of Steel for Everton's New Stadium in Liverpool
According to the government, state-owned Coal India Ltd intends to take the total number of e-vehicl...
Renewables 07-Feb-2024
The Union Cabinet has approved a significant ₹8,500 cr incentive scheme for coal gasification projec...
Announcement 24-Jan-2024
India Steel Works Rises 240% In Stock Performance Despite Losses. India Steel Works Ltd surged to a...
India 05-Aug-2025
The stainless steel industry is pushing for protectionist measures to curb the influx of che...
Business 04-Jul-2025
India proposes retaliatory tariffs on 29 U.S. products. Move counters U.S. duties on Indian steel a...
Business 13-May-2025
SJVN Green Energy has inked a power supply agreement with Jammu and Kashmir Power Corporation Ltd fo...
Mid Corporate 26-Feb-2024