JSW Steel announced that JFE Steel Corporation (JFE) has invested Rs. 7,875 crore, being the first tranche of JFE`s investment in JSW Kalinga Steel (JSW Kalinga) and 2,26,94,524 equity shares of JSW Kalinga have been allotted to JFE today (i.e. 30 March 2026), resulting in JFE holding 25% shareholding on a fully diluted basis in JSW Kalinga.Consequent to the aforesaid allotment and changes to board composition of JSW Kalinga in terms of the Joint Venture Agreement dated 03 December 2025 (JVA), the Company and JFE have today established joint control over JSW Kalinga and its wholly owned subsidiary - JSW Sambalpur Steel. The acquisition of further 25% stake (on a fully diluted basis) in JSW Kalinga by JFE for Rs. 7,875 crore, would be completed in accordance with the JVA.Powered by Capital Market - Live News

JSW Steel announced the completion of transfer of steel business undertaking of Bhushan Power & Steel, by way of slump sale on a going concern basis, to JSW Sambalpur Steel on 27 March 2026. Powered by Capital Market - Live News

JSW Steel will hold a meeting of the Board of Directors of the Company on 14 May 2026.

JSW Steel announced its coking coal mining project, Minas de Revubo� (MdR), located in the Moatize coal basin, Tete Province, Mozambique. The MdR project, located in the Moatize coal basin of the Tete Province, Mozambique, grants JSW Steel access to substantial reserves of premium hard coking coal which is a key raw material in steelmaking. MdR has 850 mt of reserves, and the potential to yield 250 mt of usable coking coal. JSW Steel will develop the mine in phases, with the first phase expected to be developed over the next 2.5 years to produce 2.4 mtpa prime hard coking coal. MdR is located approximately 10 km north of Tete city, 450 km north of Beira Port, and 900 km south-west of Nacala Port - a logistical advantage that positions it as one of the most favourably situated coking coal assets globally for supply to Indian steel plants. This project represents a transformative step in JSW Steel`s backward integration strategy and is expected to provide long-term supply assurance for one of the most critical and cost-intensive inputs in steel manufacturing. India`s domestic premium coking coal resources remain limited, making captive overseas sourcing a strategic imperative. Through the MdR project, JSW Steel is expecting to mitigate exposure to coking coal price volatility and optimise its cost structure over the long term. Parth Jindal, JSW Group said, �JSW Steel is pleased to announce the Minas de Revubo� project in Mozambique. This project marks a pivotal milestone in securing premium hard coking coal reserves in Africa, strategically positioned close to India for cost optimization. As we grow to 50 mtpa steel capacity in India by 2030, we hope that this asset will provide strategic and diversified raw material security and cushion JSW Steel against volatile global coking coal prices, while fueling our sustainable growth vision.�Powered by Capital Market - Live News

JSW Steel reported consolidated Crude Steel production for the month of February`26 at 23.66 lakh tonnes. Blast Furnace 3 (BF3) at Vijayanagar is under shutdown for upgradation of capacity since September 2025, impacting Crude Steel production at Indian operations level, resulting -1% YoY during February`26. Excluding BF3 production from last year`s base, YoY volumes grew ~8% driven by full ramp-up of JVML operations. The capacity utilisation for Indian operations for the month excluding BF3 capacity was at ~97% and including BF3 capacity was at 88%. Production at USA Ohio operations was lower due to ramping up of operations after caster upgrades in January 2026 and extreme weather conditions due to winter storm.  The break-up of production is as below: (lakh tonnes) Particulars Feb-26Feb-25% Change Indian Operations 23.0623.32-1%JSW Steel USA - Ohio 0.60.75-20%Consolidated Production 23.6624.07-2%Powered by Capital Market - Live News