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JSW Steel takes global lead

By tanvi  | Mar 26, 2025

JSW Steel takes global lead

JSW Steel became the most valuable steel company in the world by market capitalization, overtaking global giants like ArcelorMittal and Nippon Steel.

The deets: JSW’s stock has climbed 18% in 2025, making it one of the Nifty 50’s best performers this year.

In its latest quarterly results, the company posted its highest-ever crude steel output. Steel sales hit 6.71 million tonnes, up 12% year-on-year and 10% quarter-on-quarter. The company is targeting 51 million tonnes of capacity by 2030, with a plan to reach 43 million tonnes by 2027.

There’s many reasons for this. India’s infrastructure spending is on the rise and global regions are stepping up too, opening the door for strong export opportunities.

If the government’s proposed 12% safeguard duty goes through, JSW stands to gain even more.

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