JSW Steel reported consolidated Crude Steel production for Q3 FY26 at 7.48 million tonnes. The Crude Steel production was higher by 6% YoY. Blast Furnace 3 (BF3) at Vijayanagar is under shutdown for upgradation of capacity from end of September 2025 and is expected to be commissioned by end of Q4 FY26. Consequently, this affected the capacity utilisation at Indian operations for Q3 FY26. The capacity utilisation for Indian operations for the quarter excluding BF3 capacity was at ~93% and including BF3 capacity was at 85%. The break-up of production is as below: (MT)Particulars Q3 FY26Q2 FY26Q3 FY25QoQYoY Indian Operations 7.287.666.82*-5%7%JSW Steel USA - Ohio 0.20.240.21  Consolidated Production 7.487.97.03-5%6%*Including Trial run production of 0.12 MTPowered by Capital Market - Live News

JSW Steel will hold a meeting of the Board of Directors of the Company on 23 January 2026.Powered by Capital Market - Live News

JSW Steel reported consolidated Crude Steel production for the month of November`25 at 24.39 Lakh tonnes. The total Crude Steel production was higher by 5% YoY. Capacity utilisation of Indian operations was at 84%, lower due to Blast Furnace 3 (BF3) shutdown at Vijayanagar from end of September 2025 for upgradation of capacity from 3 to 4.5 MTPA. Capacity utilisation excluding BF3 capacity was at ~93% for November 2025. The break-up of production is as below: (Lakh Tonnes)Particulars Nov-25Nov-24% Change Indian Operations 23.6122.535%JSW Steel USA - Ohio 0.780.70 Consolidated Production 24.3923.235%Powered by Capital Market - Live News

JSW Steel has entered into a strategic joint venture partnership with JFE Steel Corporation, Japan (JFE). As part of the transaction, the Steel business undertaking of Bhushan Power and Steel (BPSL), a subsidiary of JSW, will be transferred to a 50:50 joint venture with JFE, by way of a slump sale for a cash consideration of Rs 24,483 crore. JFE will invest a total amount of Rs 15,750 crore in two tranches, for a 50% stake in the joint venture. JSW is a growth�]oriented company with a target of achieving a steel�]making capacity of 50mtpa in India by FY 2031 and is excited about the opportunities that lie beyond. The Company believes that India presents a multi�]decadal opportunity for growth, and wants to ensure that it is well positioned to capitalise on this opportunity. The present transaction is aimed at securing the Company�fs growth in a financially prudent manner to enable it to pursue its aspirations across business cycles. JSW acquired BPSL in 2021 through an IBC process and then turned it around successfully. What was a 2.75 mtpa sick unit now stands proud as a profitable company with an enhanced capacity of 4.5 mtpa, employing 25,000 people. Through this transaction, the Company will monetise part of its holding in BPSL, in order to accelerate the growth of JSW. While doing so, the Company will bring in JFE, a trusted, long�]term strategic partner that will bring in technological expertise, and along with JSW Steel�fs capability of project execution and operational excellence, will create further value for the joint venture. JSW shall continue to remain invested in, and will participate in the future value creation in the joint venture. The Company firmly believes that the cash proceeds it receives from the transaction will strengthen its balance sheet even further and provide a clear runway for growth that will create significant value for its stakeholders.Powered by Capital Market - Live News

JSW Steel announced that India Ratings and Research has affirmed the Long-Term Issuer Rating and its non convertible debentures (NCD) at �IND AA` while resolving the Rating Watch with Developing Implications. The Outlook is Stable. Powered by Capital Market - Live News