JSW Steel Posts Record Output in March Quarter

JSW Steel on Monday reported a 12% on-year rise in consolidated crude steel output to 7.63 million tonnes in January-March, its highest-ever quarterly production. Sequential growth was 9%. Indian operations contributed 7.40 million tonnes, up 13% on year. Capacity utilisation stood at 93%.

JSW Steel USA-Ohio produced 230,000 tonnes during the quarter, slightly lower than 250,000 tonnes a year ago.

For FY25, consolidated production rose 5% to 27.79 million tonnes. Output in India grew 6% to 26.98 million tonnes, while the US arm produced 810,000 tonnes, down from 870,000 tonnes in FY24.