Mumbai, Jan. 9 -- On a sequential basis, the company's steel production declined 5% in Q3 FY26.

Indian operations produced 7.28 million tonnes of steel during the quarter, reflecting a 7% YoY growth. Meanwhile, steel production at JSW Steel USA-Ohio declined 4.76% YoY to 0.20 million tonnes in Q3 FY26.

The company said that Blast Furnace 3 (BF3) at Vijayanagar has been under shutdown for capacity upgradation since the end of September 2025 and is expected to be commissioned by the end of Q4 FY26. As a result, capacity utilisation at Indian operations was impacted during the quarter. Capacity utilisation excluding BF3 stood at around 93%, while including BF3 capacity, it was 85% for Q3 FY26.

On a nine-month basis, JSW Steel's consolida...