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JSWSTEEL
JSW Steel reported consolidated crude steel production of 7.27 million tonnes (MT) for the second quarter of FY27 (Q2FY27), up 4.60% year-on-year from 6.95 MT in Q2FY26. Indian operations led the growth, with output rising 5.37% to 7.07 MT from 6.71 MT a year earlier. In contrast, JSW Steel USA (Ohio) produced 0.20 MT of crude steel, a decline of 16.67% from 0.24 MT in Q2FY26. JSW Steel is one of India’s largest steel manufacturers, with units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.
The numbers point to steady domestic demand and healthy capacity utilisation, Going forward, steel prices, raw material costs and import competition are likely to be bigger drivers of margins and earnings than volumes alone.
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