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MetalsMedium impactAfter close

JSW Steel April output declines 1% amid furnace shutdown

after close1 source ↓written by the desknot a recommendation

from 21.40 lakh
1% decline
Domestic operations contributed
20.40 lakh tonnes
US facility produced
0.78 lakh tonnes
year-on-year
7%

JSW Steel reported consolidated crude steel production of 21.18 lakh tonnes for April 2026, a 1% decline from 21.40 lakh tonnes a year earlier. Domestic operations contributed 20.40 lakh tonnes, while the US facility produced 0.78 lakh tonnes, down 7% year-on-year. The decline was primarily due to a planned shutdown of Blast Furnace 3 at the Vijayanagar plant for capacity upgrades, impacting overall capacity utilization.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 12 May 2026, 16:07 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

JSWSTEEL closed +1.8% on the day of the news, from ₹1,252.30 to ₹1,274.90; Nifty +0.1% over the same session; futures OI −0.3%.

Bulletin at 16:07 IST on 12 May 2026. Every change is measured from ₹1,252.30, the last close before it, on 12 May. Nifty 50 is measured over the same sessions.

  • JSWSTEEL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
JSWSTEEL closes around the bulletin against the close before the news, with Nifty 50 rebased to it114412521361axis spans 19%before the news · 12 May1252Nifty 50JSWSTEELbulletinD0+1+3+56 May18 May27 MayFutures open interest, lotspeak 74,000Reference close ₹1,252.30. 16 sessions from 6 May to 27 May; the price axis spans 19 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before12 May₹1,252.30basebase
On the day13 May₹1,274.90▲ +1.8%▲ +0.1%+1.7 pp difference
+1 session14 May₹1,296.90▲ +3.6%▲ +1.3%+2.2 pp difference
+3 sessions18 May₹1,292.80▲ +3.2%▲ +1.2%+2.1 pp difference
+5 sessions20 May₹1,283.20▲ +2.5%▲ +1.2%+1.3 pp difference
Gap at the open, % · ₹
▲ +0.2%+2.76 on 13 May
Day's range, % · ₹
2.2%≈ 27 high to low
Volume on the day
1.27×the 20-session average
Futures OI on the day
▼ −0.3%−230 lots · short covering · price +1.8%
Futures OI open, lots
74,00013 May · 26 May expiry
Futures premium, ₹
+4.80+0.4% to spot
Puts per call, by OI
0.59from 0.61 the session before
Max pain
1,260from 1,260 the session before

Source NSE UDiFF bhavcopy · JSWSTEEL on the desk →

Thread · JSWSTEELAll JSWSTEEL bulletins →

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