List of steel producers explained

This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association. The list ranks steelmakers by volume of steel production in millions of tons over time and includes all steelmakers with production over 10 million in 2021.

The World Steel Association features a list from its members every year. Due to mergers, year-to-year figures for some producers are not comparable. Not all steel is the same. Some steel is more valuable than other steel, so the volume is not the same as turnover.

Some of the world's leading steel producers include China Baowu Group and ArcelorMittal. Notable players from China are HBIS Group, Ansteel Group, and Shagang Group. Japan's Nippon Steel Corporation is renowned for quality. POSCO Holdings from South Korea is also a significant contributor. In India, Tata Steel,JSW Steel and SAIL are key players in the steel industry.

Steelmakers from multiple different countries, such as Algeria, Argentina, Australia, Austria, Brazil, Canada, Chile, China, Denmark, Egypt, Finland, France, Germany, India, Iran, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, Norway, Pakistan, Poland, Romania, Russia, Saudi Arabia, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, Ukraine, the United Kingdom and the United States, are included in the list associated with their volumes used as figures.

Top producers by volume

+ In millions of tonnes (Tg)Ranking
(2022)
CompanyCountry2022[1] 2021[2] 2020[3] 2019[4] 2018[5] 2017[6] 2016[7] 2015[8] 2014[9] 2013[10] 2012[11] 2011[12] data-sort-type=number2010data-sort-type=number2009data-sort-type=number2008data-sort-type=number2007
1 China Baowu Steel Group131.84120.0115.395.5 67.4 65.4 63.8 60.7 76.4 83.2 79.2 81 - - - -
2 ArcelorMittal68.8979.378.597.1 96.4 97 95.5 97.1 98.1 96.1 93.6 97.2 98.2 77.5 103.3 116.4
3 Ansteel Group55.6555.6538.239.2 36.4 35.8 33.2 32.5 34.3 33.7 30.2 29.8 22.1 20.1 16 16.2
4 Nippon Steel44.3749.4641.651.7 49.2 47.4 46.2 46.3 49.3 50.1 47.9 33.4[13] 35.0 26.5 37.5 35.7
5 Jiangsu Shagang41.4544.2341.641.1 40.7 38.4 33.3 34.2 35.3 35.1 32.3 31.9 30.1 26.4 23.3 22.9
6 Hesteel Group4141.6443.846.6 46.8 45.6 46.2 47.7 47.1 45.8 42.8 44.4 52.9[14] 40.2[15] 33.3 31.1
7 POSCO38.6443.040.643.1 42.9 42.2 41.6 42 41.4 38.4 39.9 39.1 35.4 31.1 34.7 31.1
8 36.5636.7136.531.2 27.9 20.3 16.5 15.1 15.2 14.3 13.8 12.4 8.8 8.4 6.5 7.8
9 Shougang33.8235.4334.029.3 27.4 27.6 26.8 28.6 30.8 31.5 31.4 30 25.8 17.3 12.2 12.9
10 Tata Steel India30.1830.628.130.2 27.3 25.1 24.5 26.3 26.2 25.3 23 23.8 23.521.924.4 26.5
11 Shandong Iron and Steel Group29.4228.2531.127.6 23 21.7 23 21.7 23.3 22.8 23 24 23.2 26.4 21.8[16] 23.8
12Delong Steel China27.9027.828.326.83.22.63.2
13 JFE26.2026.924.427.4 29.2 30.2 30.3 29.8 31.4 31.2 30.4 29.9 31.1 25.8 33 34
14 Valin Steel Group26.226.824.3 23 20.2 15.5 14.9 15.4 15 14.1 15.9 15.111.811.311.1
15 JSW Steel India23.3818.614.916.3 16.8 16.1 14.9 12.4 12.7 11.8 8.5 7 6.4 5.5 6.3 8.2
16 25.722.723.1 25.5 24.4 22 19.6 21.4 20.2 20.1 19.9 18.3 14 20.4 20
17 20.219.615.7 15.5 15.1 13.7 13.2 13.6 13.2 3.3 2.6 - - - -
18 Hyundai Steel19.619.821.6 21.9 21.2 20.1 20.5 20.6 17.2 17.1 16.3 12.9 8.4 9.9 10
19 18.816.914.4 13.5 12.3 11.1 10.8 11.4 - - - - - - -
20 Steel Authority of India Limited17.9317.315.016.2 16.3 14.8 14.4 14.3 13.6 13.5 13.5 13.5 13.6 13.5 13.7 13.9
21 Novolipetsk Steel17.315.815.6 17.4 17.1 16.6 16 16.1 15.5 14.9 12.1 11.9 10.9 11.3 9.7
22 IMIDRO16.718.916.8 16.8 15.6 14 14.1 14.4 14.3 13.6 12.6 11.4 10.6 10 10.1
23 16.515.615.5 15.3 14.2 12.3 11.9 10.7 10.7 10.2 10.2 10.1 10.1 8.8 9.8
24 United States Steel Corporation16.311.613.9 15.4 14.4 14.2 14.5 19.7 20.4 21.4 22 22.3 15.2 23.2 21.5
25Cleveland-Cliffs United States16.33.6
26 China Steel16.014.115.2 15.9 15.3 15.5 14.8 15.4 14.3 12.7 14 12.7 8.9 11 10.9
27 15.416.312.6 11.3 10.4 11 11.3 10.5 9.7 7.3 5.8 - - - -
28 Techint14.912.614.4 15.4 11.8 8 8.4 9.4 9 8.7 9.5 8.8 6.9 10.4 13.1
29 China14.314.210.3
30 Gerdau14.213.013.1 15.8 16.5 16 17 19 19 19.8 20.5 21.6 14.2 20.4 18.6
31 CITIC Limited14.014.113.6 12.3 8.8 8.4 7.6 7.9 7.7 - - || - || - || - || -|-|32 || Magnitogorsk Iron and Steel Works|| |13.6| 11.6|| 12.5 || 12.7 || 12.9 || 12.5 || 12.2 || 13 || 11.9 || 13 || 12.2 || 11.4 || 9.6 || 12 || 13.3|-|33 || || China |13.6|14.4|| 14.2 || 15 || 15 || 13.9 || 14 || 11.4 || 12.7 || 13.2 || 11.2 || 9.8 || 9.9 || 7.5 || 6.2|-|34 || Evraz|| |13.6|13.6|| 13.8 || 13 || 14 || 13.5 || 14.4 || 15.5 || 16.1 || 15.9 || 16.8 || 16.3 || 15.3 || 17.7 || 16.2|-|35 || || China |12.8|12.8|| 10.9 || 8.7 || 10.4 || 9.2 || 9.1 || 9 || 8.5 || 7.6 || 7 || - || - || - || -|-|36 || Shaanxi Iron and Steel|| China |12.4|13.2|| 12.5 || 11.4 || 10.2 || 7.3 || 7.5 || 7.9 || 8 || 6.7 || 5.2 || - || - || - || -|-|37 || Tsingshan Stainless Steel|| China |12.4| 10.8|| 11.4 || 9.3 || - || - || - || - || - || - || - || - || - || - || -|-|38|Steel Dynamics| United States|12.2[17] |11.2[18] ||||||||||||||-|39|| China|12.2|12.1|7.6|||||||||||||-|40 || ThyssenKrupp|| Germany |12.0| 10.7|| 12.3 || 12.6 || 13.2 || 17.2 || 17.3 || 17.2 || 15.9 || 15.1 || 17.9 || 16.7|| 11 || 15.9 || 17|-|41 || Severstal|| |11.7| 11.3|| 11.9 || 12 || 11.7|| 11.5 || 14.2 || 15.7 || 15.1 || 15.3 || 14.7|| 16.7 || 19.2 || 17.3 || -|-|42 || Nanjing Iron and Steel Company|| China |11.6|11.6|| 11 || 10 || 9.9 || 9 || 8.6 || 8 || 6.1 || 7.2 || - - - - -
43Metinvest Ukraine11.510.29.69.49.610.3
44 Sanming Iron and Steel11.411.412.4 11.7 11.2 10.4 9.6 9.2 8.2 7 5.7 - - - -
45 China10.410.88.9
46 China10.19.9-41 9.511.210.5 11 10 10.5 10.7 10.9 10.3 7.7 9.4 10.0 8.5 9.0 - -->
World total - 1,952 1,8781,869 1,814 1,733 1,629 1,621 1,671 1,607 1,548 1,490 1,413 1,219 1,329 1,348

Other steel producers

Steel producers merged with other companies, split into other companies or no longer operational

Notes and References

  1. Web site: 2022 Top steel-producing companies. World Steel Association.
  2. Web site: 2021 Top steel-producing companies . 2022-07-20 . World Steel Association.
  3. Web site: worldsteel Top steel-producing companies. 2021-06-23. www.worldsteel.org. en.
  4. Book: Top steelmakers in 2019. World Steel Association. 2020.
  5. Web site: World Steel Association: Top steelmaker in 2018 . 2019-06-20 . 2019-06-18 . https://web.archive.org/web/20190618185740/https://www.worldsteel.org/en/dam/jcr:80ce948e-6a12-47d0-baf1-26799888db67/2018%20Top%20Steel%20Producers_Extended%20List.pdf . dead .
  6. Web site: World Steel Association: Top steelmaker in 2017 . 2018-06-05 . https://web.archive.org/web/20180823005844/https://www.worldsteel.org/en/dam/jcr:1a0978ce-d387-4ce9-8d1b-5f929f343ac1/2017_2016+top+steel+producers_Extended+list.pdf . 2018-08-23 . dead .
  7. Web site: World Steel Association: Top steelmaker in 2016 . 2017-06-11 . https://web.archive.org/web/20180121001753/https://www.worldsteel.org/en/dam/jcr:b8a5256f-6b2f-40ae-80cc-f25c029b48eb/Top+50+steelmakers+2016_web.pdf . 2018-01-21 . dead .
  8. Web site: World Steel Association: Top steel-producing companies 2015 . 2016-11-27 . https://web.archive.org/web/20170122114818/http://www.worldsteel.org/en/dam/jcr:1288cdbc-e48c-4467-9a1e-33b18257a16c/2015+Top+Steel+Producers+extended+list.pdf . 2017-01-22 . dead .
  9. Web site: "World Steel Association - Top steel-producing companies 2014". https://web.archive.org/web/20160304003703/https://www.worldsteel.org/dms/internetDocumentList/downloads/statistics/Extended-listing-2014/document/Extended%20listing%202014.pdf. dead. March 4, 2016.
  10. Web site: "World Steel Association - Top steel-producing companies 2012". https://web.archive.org/web/20141008103008/http://www.worldsteel.org/statistics/top-producers.html. dead. October 8, 2014.
  11. Web site: World Steel Association: 2012/2013 Top 50 steel-producing companies and rank. https://web.archive.org/web/20150513202008/http://www.worldsteel.org/dms/internetDocumentList/downloads/statistics/2012-2013-Top-50-steel-producing-companies-and-rank/document/2012-2013%20Top%2050%20steel-producing%20companies%20and%20rank.pdf. dead. May 13, 2015.
  12. Web site: Top steel producers. https://web.archive.org/web/20120307203304/http://worldsteel.org/dms/internetDocumentList/downloads/statistics/Topsteelproducers/document/Topsteelproducers.pdf. dead. March 7, 2012.
  13. Nippon Steel only
  14. Web site: MetalBulletin: Top steelmakers 2010 . 2011-11-05 . 2018-12-02 . https://web.archive.org/web/20181202070448/https://www.metalbulletin.com/stub.aspx?stubid=12542 . dead .
  15. Web site: Get info about steel manufacturing. . JF Engineering Products LLP.
  16. Web site: China's top steel producers in 2008 . 2011-07-15 . https://web.archive.org/web/20130922113226/http://www.chinamining.org/News/2009-02-19/1235014000d21668.html . 2013-09-22 . dead .
  17. Web site: Steel Dynamics in 2022 received a revenue of $3.9 billion — News — GMK Center . 2023-09-20 . GMK . en-US.
  18. News: 2022-01-24 . Steel Dynamics Reports Record Fourth Quarter and Record Annual 2021 Results . en . Bloomberg.com . 2023-09-20.
  19. http://www.metalbulletin.com/Assets/pdf/MB%20SUPPLEMENTS%20IN%20GUT/MB_TSM2011.pdf MetalBulletin: Top steelmakers 2011
  20. Web site: Home. LIBERTY Steel Group.
  21. Web site: Siam Yamato Steel .
  22. Web site: Special Steel - Delivered Nationwide by West Yorkshire Steel Co Ltd. West Yorkshire Steel.