About JSW Steel Limited

 

JSW Steel Limited, incorporated in 1994, is the flagship steel company of the JSW Group and India’s largest, most geographically diversified steel producer. It operates fully integrated operations spanning mining, raw material processing, primary steelmaking and downstream value-added manufacturing, with consolidated installed capacity of 35.7 MTPA (including 1.7 MTPA under commissioning at JSW Vijayanagar Metallics Limited) and a target to reach 51.5 MTPA by FY 2030–31. Its product suite covers flat products (hot rolled, cold rolled, galvanised/Galvalume, electrical steel, colour-coated, tinplate, Galva-Annealed and Zn–Mg steel) and long products (TMT bars, wires and special alloy steel) . The company serves key sectors including infrastructure, automotive, energy, railways and defence, supported by ~20,100 retail outlets and 2,339 branded stores across India. Internationally, JSW Steel has manufacturing units in the United States and Italy, and subsidiaries across the Netherlands, United Kingdom, Mozambique and Panama, among others . As on March 31, 2025, the company had 43 subsidiaries (not listed here) .

 

Key milestones include recognition as India’s largest steel producer by capacity, an 8th place in WSD’s World-class Steelmaker ranking, and 12th globally by production volumes. The Board has also approved Rs 61,863 crore of capital expenditure over the next three years to drive growth and competitiveness .

 

JSW Steel Limited Key Management

 

• Sajjan Jindal – Chairman & Managing Director

 

• Jayant Acharya – Joint Managing Director & CEO

 

• Swayam Saurabh – Chief Financial Officer

 

• Manoj Prasad Singh – Company Secretary (in the Interim Capacity)

 

• Gajraj Singh Rathore – COO / Executive Director

 

Latest Updates on JSW Steel Limited

 

• Capacity and operations: JSW Steel reported its highest-ever consolidated crude steel production of 27.79 MnT in FY 2024–25, with Indian operations running at 91% capacity utilisation. The year saw commissioning of the 4.5 MTPA Blast Furnace and allied steelmaking facilities at JVML (Vijayanagar) and completion of Phase II expansion at Bhushan Power & Steel Limited to 4.5 MTPA .

 

• Strategic acquisitions: Through JSW Steel (Netherlands) B.V., the company acquired a 66.67% economic interest in M Res NSW HCC Pty Ltd, translating into a look-through 20% stake in Illawarra Coal Holdings Pty Ltd (Australia), along with proportional offtake rights estimated at ~1.2 Million tonnes per annum of hard coking coal . JSW Natural Resources Limited also agreed to acquire ~92.2% equity stake and shareholders’ loans of Minas de Revuboe Limitada (Mozambique), a premium hard coking coal project, subject to approvals .

 

• Electrical steel platform: The joint venture acquired thyssenkrupp Electrical Steel India, subsequently renamed JSW JFE Electrical Steel Nashik Private Limited; a fully integrated CRGO facility is also being set up at Vijayanagar via the same JV  .

 

• Portfolio actions: Nippon Ispat Singapore (PTE) Limited was wound up and liquidated on January 24, 2025; National Steel & Agro Industries Limited merged with JSW Steel Coated Products Limited effective May 19, 2023. Earlier mergers included Vardhman Industries Limited and JSW Vallabh Tinplate Private Limited into JSW Steel Coated Products Limited .

 

• Product and market highlights: The company expanded value-added offerings, including the launch of Magsure, India’s first indigenously designed Zinc–Magnesium–Aluminium alloy coated steel for solar and industrial use. JSW Steel maintained leadership in colour-coated steel with a 49% domestic market share  .

 

• Recognitions: JSW USA received recognition from the US Department of Energy’s Better Buildings/Better Plants programme for a 25% reduction in energy intensity versus a 2021 baseline, and an Ohio Brownfields Grant for site remediation support .