Crude steel production of India’s leading steelmakers in FY’25

India’s crude steel output climbed up by 6% y-o-y in FY’25, Tier-1 mills’ production volumes showed varying trends y-o-y. JSW Steel (standalone) took the lead among primary mills, recording its highest-ever annual output. However, y-o-y, crude steel production inched up a minor 1% to 22.47 million tonnes (mnt). Tata Steel also recorded its highest-ever output of 21.68 mnt in FY’25, up by 4.3% y-o-y. SAIL’s output dipped a slight 0.3% y-o-y to 19.19 mnt, while JSP clocked a modest 2.4% growth to 8.12 mnt. JSP increased its capacity utilisation to 85% in FY’25 from 83% in FY’24, driven by operational improvements. AM/NS India’s output declined 5.7% y-o-y to 7.2 mnt.