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JSW Steel has reported a 2.3% rise in its consolidated crude steel production for Q3 2025, reaching 7.03 million tonnes. The company’s Indian operations saw a 3% increase, reflecting strong operational efficiency and sustained demand. This performance positions JSW Steel for continued growth in the coming quarters.
The Supreme Court's recent ruling on mining royalties could provide much-needed relief to major steel companies like Tata Steel, JSW Steel, and SAIL. By addressing the cascading effect of current royalty calculations, the decision promises to reduce financial burdens, improve profitability, and pave the way for a more equitable framework in India's mining and steel industries.
Karnataka has recently greenlit the sale of 3,667 acres of land to JSW Steel in Ballari, a move poised to drive significant industrial growth. Alongside this, the state has approved ambitious infrastructure projects for Bengaluru, including a panoramic sky deck and an underground vehicular tunnel. These developments promise to boost the local economy and transform urban living in the region.