India’s largest steelmaker by capacity, JSW Steel, has reported a robust 15 percent year-on-year jump in consolidated crude steel production for May, reaching 2.29 million tonnes. According to an official company statement, the growth was primarily driven by the full resumption of operations at its Dolvi plant and a successful ramp-up at JVML. Production from domestic operations alone rose 15 percent to 2.19 million tonnes, while the company’s US facility in Ohio registered a 20 percent output increase to 950,000 tonnes.
This substantial production surge was achieved despite a major planned outage at the company’s flagship Vijayanagar facility in Karnataka. The plant’s Blast Furnace-3 remained shut down during May for a vital capacity expansion programme, with operations scheduled to restart in the second half of June 2026. Strikingly, JSW Steel maintained an outstanding 98 percent capacity utilisation across its Indian operations when excluding the offline Vijayanagar furnace, and an 87 percent utilisation rate overall.
To maintain accurate financial reporting, JSW Steel adjusted its historical data to exclude production from the Bhushan Power and Steel Ltd (BPSL) undertaking. This asset was officially transferred to its joint venture with Japan’s JFE Steel via a slump sale completed in March 2026.
Currently boasting a massive combined crude steel capacity of 37.9 million tonnes per annum (MTPA), JSW Steel is aggressively positioned for long-term dominance. The manufacturing giant has laid out a clear roadmap to expand its total capacity to a staggering 54.8 MTPA over the next four years, showcasing its resilience and unwavering commitment to scaling up infrastructure.
