JSW Steel Stock Price Up Today; Crude Steel Production In May Up By 8%
By Ankur Chandra | Published at: Jun 9, 2025 07:45 PM IST
At 2:45 p.m. IST, 9th June 2025, JSW Steel’s stock price was up 0.37%, trading at Rs 1008.65. The company’s crude steel production in May increased y-o-y by 8% to 22.73 lakh tonnes.
Mumbai, June 9, 2025 – JSW Steel Limited (NSE: JSWSTEEL, BSE: 500228) reported a significant growth in its consolidated crude steel production with 22.73 lakh tonnes in May 2025, amounting to 8% year-on-year (YoY) increase, supported by strong domestic output, amounting to 97% of total production. The year-to-date (YTD) cumulative crude steel production for FY26 rose by 13%, reaching 47.56 lakh tonnes.
Production Snapshot
| Particulars | May ’25 | May ’24 | YoY Growth | FY26 YTD (till May) | FY25 YTD (till May) | YoY Growth |
|---|---|---|---|---|---|---|
| Indian Operations | 21.94 | 20.13 | 9% | 45.93 | 40.68 | 13% |
| JSW Steel USA – Ohio | 0.79 | 0.85 | – | 1.63 | 1.50 | – |
| Total Consolidated | 22.73 | 20.98 | 8% | 47.56 | 42.18 | 13% |
The company’s Indian operations accounted for nearly 97% of total production, recording a 9% YoY jump. The production in JSW Steel USA’s Ohio facility slightly declined from 0.85 lakh tonnes to 0.79 lakh tonnes.
Operational Highlights
JSW Steel noted that capacity utilisation at its Indian operations stood at 80% in May 2025, impacted by a planned maintenance shutdown of one of the blast furnaces at its Dolvi facility, which was successfully restarted on May 30, 2025.
Strategic Growth & Capacity Outlook
JSW Steel is on track with its expansion roadmap:
- Current crude steel capacity: 35.7 MTPA (including 1.5 MTPA in the US)
- Domestic capacity: 34.2 MTPA (including 5 MTPA under commissioning)
- Target capacity: 43.4 MTPA within the next three years
Its Vijayanagar plant in Karnataka, with a current capacity of 17.5 MTPA, remains the largest single-location steel-producing facility in India.
Sustainability Milestones
JSW Steel continues to reinforce its sustainability credentials:
- Responsible Steel Certification: Over 80% of domestic production now covered
- SEED Project: Recognised at COP28 for energy transition innovation
- CO2 Emissions Target: 42% reduction by 2030; net-zero emissions by 2050
- Energy Transition Goal: Fully renewable-powered steelmaking by 2030
Global Recognition
The company was recently:
- Ranked 2nd globally among steelmakers in the S&P Global CSA 2024
- Placed in the top 5% globally on Dow Jones Sustainability Indices (DJSI)
- Awarded the World-Class Steelmaker Rank #8 by World Steel Dynamics
JSW Stocks Amidst Production Success
The company’s stock has also been on the rise with moderate growth over the week, rising from ₹973.80 on June 3 to ₹1,004.90 by June 6, a total gain of about 3.2%. After slight losses mid-week, a strong recovery on June 6 drove a 3.73% gain in a single session. It opened on June 9 at ₹1,006.30, trading at ₹1,006.65 by 2:00 PM, marking a mild intraday gain of 0.17%.
About JSW Steel
JSW Steel Limited, a part of the $24 billion JSW Group, is one of India’s largest integrated steel producers. Listed on NSE and BSE, it operates major steel manufacturing plants across India and the USA, with extensive interests in infrastructure, energy, cement, and sustainability-led innovation.
REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/f78fb493-085c-47df-9e62-f09a7c28ea0b.pdf
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