JSW Steel Q2 Output Rises 10% to 7.27 Million Tonnes
JSW Steel on Thursday reported a 5 per cent rise in crude steel production for the September quarter. Output stood at 7.27 million tonnes.
Production grew 10 per cent over the June quarter. Indian operations made 7.07 million tonnes. This was up 5 per cent from a year ago.
Capacity utilisation in India was 88 per cent for the quarter. It touched 90 per cent in September. The ramp-up of Blast Furnace 3 at Vijayanagar helped the rise.
For the first half of FY27, total output was 13.86 million tonnes. This is up 4 per cent from last year. Indian operations made 13.41 million tonnes.
The US Ohio plant made 0.20 million tonnes in the quarter. The company is working towards 54.8 million tonnes of annual capacity by FY30.
JSW Steel shares were in focus on Friday. Analysts will watch demand and prices in the December quarterThe company will announce full financial results later this month. Investors await clarity on margins and debt.
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