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India's JSW Steel forecasts a 2% decline in consolidated steel production in January 2026

Индийская JSW Steel прогнозирует снижение консолидированного производства стали на 2% в январе 2026 года
According to the company's statement on Wednesday, February 11, Indian JSW Steel Limited achieved consolidated steel production of 2.475 million tons in January 2026, which is two percent less compared to the same period last year.

The company said steel production in India remained almost stable at 2.458 million tonnes in January 2026, slightly higher than 2.452 million tonnes in the corresponding month of 2025.

Blast furnace No. 3 at its Vijayanagar plant, the country's largest single-position steel mill with a capacity of 17.5 million tons per year, has been offline since September 2025 for expansion work. As a result, capacity utilization at the company's Indian plants was 85 percent. Excluding the idle furnace, the utilization rate was 93 percent, the company said.

In contrast, production at JSW's Ohio facility in the United States dropped sharply, dropping 74 percent year-on-year to 17,000 tons, as production was reduced due to the planned shutdown of foundry modernization from mid-December 2025 to January 11, 2026, the company added.



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