Archive · 9 Jan 2026
JSW Steel Reports 6% YoY Growth in Q3
JSW Steel, a big steel company in India, made more steel in the last three months compared to the same time last year.
They made 7.48 million tonnes of steel, which is 6% more than last year.
This growth happened even though one of their big machines (Blast Furnace 3) was turned off for upgrades.
The company's Indian operations did really well, making 7% more steel than last year.
Even though the machine was off, they still managed to use most of their capacity.
Over the first nine months of the year, JSW Steel made 12% more steel than last year.
This shows that the company is growing and doing well in the steel industry.
JSW Steel reported a 6% YoY increase in crude steel output for Q3 FY26, reaching 7.48 million tonnes.
Indian operations led the growth with a 7% YoY increase, producing 7.28 million tonnes.
Capacity utilization was 93% (excluding BF3) and 85% (including BF3) due to the planned shutdown of BF3 at Vijayanagar.
Nine-month output for FY26 increased by 12% YoY to 22.65 million tonnes.
The company attributes its resilient Q3 output to efficient planning around the Vijayanagar plant upgrade.
- Who
- JSW Steel
- What
- Reported 6% YoY growth in crude steel output for Q3 FY26
- When
- Quarter ended December 2025
- Where
- India and USA (Ohio)
- Why
- Robust performance in Indian operations and efficient planning around Vijayanagar plant upgrade
- Q3 Crude Steel Output
- 7.48 million tonnes (YoY growth of 6%)
- Indian Operations Output
- 7.28 million tonnes (YoY growth of 7%)
- Capacity Utilization (excluding BF3)
- 93%
- Capacity Utilization (including BF3)
- 85%
- Nine-Month Output
- 22.65 million tonnes (YoY growth of 12%)
- Vijayanagar BF3 Shutdown
- Since late September 2025, expected to resume by end of Q4 FY26
Sources
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