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JSW Steel: February crude steel production at 23.66 lakh tonnes; YoY volumes up 8%

News by Aliceblue News Desk

10 Mar 2026

JSW Steel: February crude steel production at 23.66 lakh tonnes; YoY volumes up 8%

Introduction

Leading steel producer reports consolidated crude steel production of 23.66 lakh tonnes for February 2026. Output affected due to shutdown of Vijayanagar Blast Furnace 3 for upgrade.

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Share price movement of JSW Steel

On March 10, 2026, JSW Steel Ltd opened at ₹1,198.85, up 0.49% from its previous close of ₹1,193.05. The stock reached a high of ₹1,212.35 (1.62%) and a low of ₹1,195.50. By 11:59 AM, it traded at ₹1,208.00, a 1.25% increase, with a market cap of ₹2,95,410.84 crore.

JSW Steel February Production Update

JSW Steel reported consolidated crude steel production of 23.66 lakh tonnes for February 2026. Production declined from 24.07 lakh tonnes recorded in February 2025.

Indian operations produced 23.06 lakh tonnes during February 2026. Production decline occurred due to shutdown of Blast Furnace 3 at Vijayanagar for capacity upgrade since September 2025.

Excluding Blast Furnace 3 production from last year’s base, crude steel output recorded around 8% year on year growth. Growth came from full ramp up of JVML operations.

Production at USA Ohio operations declined during the month. The decline occurred due to caster upgrades in January 2026 and extreme winter storm conditions.

Stock performance of JSW Steel for period of 1 week, 6 months, and 1 year

JSW Steel Ltd declined 5.89% over the past week, gained 8.52% in the past six months, and delivered a 17.7% return over the past one year.

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Shareholding pattern of JSW Steel

ParticularsDec 2025Sep 2025Jun 2025
Promoter45.30%45.30%45.30%
FII25.40%25.60%25.40%
DII11.60%11.40%11.40%
Public17.60%17.60%17.60%
Others0%0.10%0.20%

About JSW Steel

JSW Steel Ltd (NSE: JSWSTEEL) manufactures and sells iron and steel products. It is the flagship company of the diversified JSW Group with interests across multiple sectors.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is JSW Steel Ltd share price rising today?

A: JSW Steel reports 23.66 lakh tonnes consolidated crude steel production for February 2026. Output impacted by Vijayanagar Blast Furnace 3 shutdown for upgrade.

Q: What is JSW Steel Ltd’s main business focus?

A: JSW Steel Ltd manufactures and sells iron and steel products and operates as the flagship company of the diversified JSW Group.

Q: What are the 52-week high and low of JSW Steel Ltd stock?

A: JSW Steel Ltd stock recorded 52-week high of Rs. 1,284.55 and 52-week low of Rs. 907.25.

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