Top steel producing companies
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 [ edit ]
In millions of tonnes (T g )
N°
Company
Country
2023[ 1]
2022[ 2]
2021[ 3]
2020[ 4]
2019[ 5]
2018[ 6]
2017[ 7]
2016[ 8]
2015[ 9]
2014[ 10]
2013[ 11]
2012[ 12]
2011[ 13]
2010[ 13]
2009[ 13]
2008[ 13]
2007[ 13]
1
Baowu
China
130.77
131.84
120.0
115.3
95.5
67.4
65.4
63.8
60.7
76.4
83.2
79.2
81
-
-
-
-
2
ArcelorMittal
Luxembourg
68.52
68.89
79.3
78.5
97.1
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 Group
China
55.89
55.65
55.65
38.2
39.2
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 Steel
Japan
43.66
44.37
49.46
41.6
51.7
49.2
47.4
46.2
46.3
49.3
50.1
47.9
33.4[ 14]
35.0[ 14]
26.5[ 14]
37.5[ 14]
35.7[ 14]
5
Hesteel Group
China
41.34
41
41.64
43.8
46.6
46.8
45.6
46.2
47.7
47.1
45.8
42.8
44.4
52.9[ 15]
40.2[ 16]
33.3
31.1
6
Jiangsu Shagang
China
40.54
41.45
44.23
41.6
41.1
40.7
38.4
33.3
34.2
35.3
35.1
32.3
31.9
30.1[ 15]
26.4[ 15]
23.3
22.9
7
POSCO
South Korea
38.44
38.64
43.0
40.6
43.1
42.9
42.2
41.6
42
41.4
38.4
39.9
39.1
35.4
31.1
34.7
31.1
8
Jianlong Steel
China
36.99
36.56
36.71
36.5
31.2
27.9
20.3
16.5
15.1
15.2
14.3
13.8
12.4
8.8[ 15]
8.4[ 15]
6.5
7.8
9
Shougang
China
33.58
33.82
35.43
34.0
29.3
27.4
27.6
26.8
28.6
30.8
31.5
31.4
30
25.8[ 15]
17.3[ 15]
12.2
12.9
10
Tata Steel
India
29.50
30.18
30.6
28.1
30.2
27.3
25.1
24.5
26.3
26.2
25.3
23
23.8
23.5[ 15]
21.9[ 15]
24.4
26.5
11
Delong Steel
China
28.26
27.90
27.8
28.3
26.8
3.2
2.6
3.2
12
JSW Steel
India
26.15
23.38
18.6
14.9
16.3
16.8
16.1
14.9
12.4
12.7
11.8
8.5
7
6.4
5.5
6.3
8.2
13
JFE
Japan
25.09
26.20
26.9
24.4
27.4
29.2
30.2
30.3
29.8
31.4
31.2
30.4
29.9
31.1
25.8
33
34
14
Hunan Valin Steel
China
24.80
26.2
26.8
24.3
23
20.2
15.5
14.9
15.4
15
14.1
15.9
15.1[ 15]
11.8[ 16]
11.3[ 16]
11.1
-
15
Nucor Corporation
United States
21.20
25.7
22.7
23.1
25.5
24.4
22
19.6
21.4
20.2
20.1
19.9
18.3
14
20.4
20
-
16
Fangda Steel
China
19.56
20.2
19.6
15.7
15.5
15.1
13.7
13.2
13.6
13.2
3.3
2.6
-
-
-
-
-
17
Shandong Steel
China
19.45
29.42
28.25
31.1
27.6
23
21.7
23
21.7
23.3
22.8
23
24
23.2[ 15]
26.4[ 16]
21.8
23.8
18
Hyundai Steel
South Korea
19.24
19.6
19.8
21.6
21.9
21.2
20.1
20.5
20.6
17.2
17.1
16.3
12.9
8.4
9.9
10
19
Steel Authority of India Limited
India
19.18
17.93
17.3
15.0
16.2
16.3
14.8
14.4
14.3
13.6
13.5
13.5
13.5
13.6
13.5
13.7
13.9
20
Rizhao Steel [zh ]
China
18.66
13.6
14.4
14.2
15
15
13.9
14
11.4
12.7
13.2
11.2
9.8[ 15]
9.9[ 15]
7.5
6.2
21
Liuzhou Iron and Steel [zh ] [ a]
China
18.62
18.8
16.9
14.4
13.5
12.3
11.1
10.8
11.4
-
-
-
-
-
-
-
-
22
Cleveland-Cliffs
United States
17.27
16.3
3.6
23
Tsingshan Stainless Steel
China
16.28
12.4
10.8
11.4
9.3
-
-
-
-
-
-
-
-
-
-
-
-
24
U.S. Steel
United States
15.75
16.3
11.6
13.9
15.4
14.4
14.2
14.5
19.7
20.4
21.4
22
22.3
15.2
23.2
21.5
25
Baotou Steel
China
15.20
16.5
15.6
15.5
15.3
14.2
12.3
11.9
10.7
10.7
10.2
10.2
10.1[ 15]
10.1[ 15]
8.8
9.8
26
Techint
Argentina
14.82
14.9
12.6
14.4
15.4
11.8
8
8.4
9.4
9
8.7
9.5
8.8
6.9
10.4
13.1
27
Jingye Steel [Wikidata ]
China
14.51
15.4
16.3
12.6
11.3
10.4
11
11.3
10.5
9.7
7.3
5.8
-
-
-
-
-
28
Novolipetsk Steel
Russia
14.24
17.3
15.8
15.6
17.4
17.1
16.6
16
16.1
15.5
14.9
12.1
11.9
10.9
11.3
9.7
-
29
CITIC Limited
China
14.17
14.0
14.1
13.6
12.3
8.8
8.4
7.6
7.9
7.7
-
-
-
-
-
-
-
30
Hebei Sinogiant Group [Wikidata ]
China
13.63
14.3
14.2
10.3
31
Guangxi Shenglong Metallurgical [Wikidata ]
China
13.12
12.2
12.1
7.6
32
Magnitogorsk Iron and Steel Works
Russia
12.99
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
Gerdau
Brazil
12.74
14.2
13.0
13.1
15.8
16.5
16
17
19
19
19.8
20.5
21.6
14.2
20.4
18.6
34
China Steel
Taiwan
12.58
16.0
14.1
15.2
15.9
15.3
15.5
14.8
15.4
14.3
12.7
14
12.7
8.9
11
10.9
35
Anyang Steel
China
12.34
9.5
11.2
10.5
11
10
10.5
10.7
10.9
10.3
7.7
9.4
10.0[ 15]
8.5[ 15]
9.0[ 16]
36
Zenith Steel Group [Wikidata ]
China
11.92
12.8
12.8
10.9
8.7
10.4
9.2
9.1
9
8.5
7.6
7
-
-
-
-
-
37
Shaanxi Iron and Steel
China
11.86
12.4
13.2
12.5
11.4
10.2
7.3
7.5
7.9
8
6.7
5.2
-
-
-
-
-
38
Severstal
Russia
11.27
11.7
11.3
11.9
12
11.7
11.5
14.2
15.7
15.1
15.3
14.7[ 15]
16.7
19.2
17.3
-
-
39
Sanming Iron and Steel
China
11.24
11.4
11.4
12.4
11.7
11.2
10.4
9.6
9.2
8.2
7
5.7
-
-
-
-
-
40
Nanjing Iron and Steel Company
China
11
11.6
11.6
11
10
9.9
9
8.6
8
6.1
7.2
-
-
-
-
-
-
41
ThyssenKrupp
Germany
10.35
12.0
10.7
12.3
12.6
13.2
17.2
17.3
17.2
15.9
15.1
17.9
16.7[ 15]
11
15.9
17
42
Steel Dynamics
United States
10.32
12.2[ 18]
11.2[ 19]
43
Evraz
Russia
10.09
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
44
Hebei Donghai Special Steel [Wikidata ]
China
9.43
10.4
10.8
8.9
45
IMIDRO
Iran
16.7
18.9
16.8
16.8
15.6
14
14.1
14.4
14.3
13.6
12.6
11.4
10.6
10
10.1
46
Metinvest
Ukraine
11.5
10.2
9.6
9.4
9.6
10.3
47
Erdemir
Turkey
7.7
9.0
World total
-
1,892
1.890
1,952
1,878
1,869
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 [ edit ]
Acerinox , Spain
Aichi Steel Corporation , Japan
Aisha Steel Mills , Pakistan
Algerian Qatari Steel company , Algeria
Algoma Steel , Canada
Allegheny Technologies , United States
Acerias Paz del Rio , Colombia
Altos Hornos y Acerías de Corral , Chile
Angang Steel Company Limited , China
Anyang Steel , China[ 3]
Aperam , Luxembourg
Arab Steel Company , Saudi Arabia
Arrium , Australia
Arvedi , Italy
Baku Steel Company , Azerbaijan
BlueScope , Australia
Böhler , Austria
British Steel Ltd , United Kingdom
BSRM , Bangladesh
Byelorussian Steel Works , Belarus
Carpenter Technology Corporation , United States
Celsa Group , Spain
Commercial Metals Company , United States
Companhia Siderúrgica Nacional , Brazil
Crucible Industries , United States
De Kok Staalbouw , Netherlands
Dexin Steel, Indonesia
Donghai Special Steel , China[ 5]
Dongkuk Steel , South Korea
Duplex Steel & Engineering Co , India
Esfahan Steel Company , Iran
Erdemir , Turkey
Eskoleia Stål , Norway
Essar Steel , India
EZDK , Egypt
Handan Zongheng Iron and Steel , China[ 7]
Illich Steel and Iron Works , Ukraine
Ilva (company) , Italy
İsdemir , Turkey
International Steels Limited , Pakistan
ISD Corporation , Ukraine[ 20]
Ittefaq Group , Pakistan
Jacquet Metal Service SA , France
Japan Steel Works , Japan
Jindal Steel and Power , India
Jinxi Iron and Steel , China[ 5]
Jiuquan Steel [zh ] , China[ 9]
Julien Inc. , Canada
Kobe Steel , Japan
Krakatau Steel , Indonesia
Kardemir , Turkey
Libyan Iron and Steel Company , Libya
Liberty Steel Group , UK [ 21]
Duferco Danish Steel , Denmark
Mahindra Ugine Steel , India
Malaysia Steel Works (KL) Bhd , Malaysia
Marcegaglia , Italy
Maghreb Steel , Morocco
Mechel , Russia
Mendelson Infrastructures & Industries Ltd , Israel
Metaldom , Dominican Republic
Metalloinvest , Russia
Midalia Steel , Australia
Mitsui & Co. , Japan
MMX Mineração , Brazil
MMK-Atakaş Metallurgy , Turkey
Mobarakeh Steel Company , Iran
Mostostal , Poland
Nisshin Steel , Japan
Olympic Steel , United States
Outokumpu , Finland
Pakistan Steel Mills , Pakistan
Panzhihua Iron and Steel , China
Pedro Vasena e Hijos , Argentina
Qatar Steel , Qatar
Radius Recycling , United States
Rautaruukki , Finland
Reliance Steel & Aluminum Co. , United States
Sahaviriya Steel Industries , Thailand
Salzgitter AG , Germany
SeAH Beestel , South Korea[ 7]
Sheffield Forgemasters , United Kingdom
Siam Yamato Steel , Thailand [ 22]
SIDERPERU , Peru
Sidetur , Venezuela
Sonasid , Morocco
SSAB , Sweden
Stelco , Canada
Swiss Steel Holding , Switzerland
Tangshan Guofeng Iron and Steel , China[ 9]
Tenaris , Luxembourg
Ternium - Hylsa and Imsa in Mexico, Siderar in Argentina
Timken Company , United States
Tosyali Algeria , Algeria
Triton Alloys Inc , India
Tuwairqi Steel Mills , Pakistan
Usiminas , Brazil
Vallourec , France
VISA Steel , India
Visakhapatnam Steel Plant , India
Voestalpine , Austria
Votorantim Siderurgia , Brazil
West Yorkshire Steel , UK [ 23]
Steel producers merged with other companies, split into other companies or no longer operational[ edit ]
AK Steel (bought by Cleveland-Cliffs )
Algoma Steel (assets bought by Essar Steel in April 2007)
Altos Hornos de México , (defunct in 2024)
Arbed (merged in 2002 forming Arcelor)
Arcelor (merged with Mittal forming ArcelorMittal)
Baosteel Group (merged with Wuhan Group forming China Baowu Steel Group)
Benxi Steel Group (merged with Ansteel Group)
Bethlehem Steel (assets bought by ISG in 2003. ISG merged with Mittal, now ArcelorMittal)
Bohai Steel Group [zh ] (bankrupted in 2016)
British Steel Corporation formed in 1967 when steel was nationalised in the UK. Privatised again in 1988.
British Steel plc (merged with Koninklijke Hoogovens (NL) in 1999 to form Corus, now Tata Steel)
Carnegie Steel Company (sold to U.S. Steel in 1901)
Cockerill-Sambre (acquired by Usinor in 1998, which became part of Arcelor in 2002, now ArcelorMittal)
Corus Group (acquired by Tata Steel in 2007)
Dofasco in Hamilton, Ontario , Canada (acquired by Arcelor, now ArcelorMittal)
Falck Group (turned the production to renewable energy with Falck Renewables )
Gruppo Riva (split into ILVA and Riva Forni Electtrici in 2013)
Hoesch Stahl AG (acquired by ThyssenKrupp )
Inland Steel Company (acquired by Ispat International became Mittal, now ArcelorMittal)
International Steel Group (merged with Mittal, now ArcelorMittal)
Jones and Laughlin Steel Company (acquired by Ling-Temco-Vought , renamed LTV Steel, acquired by ISG)
Koninklijke Hoogovens (merged with British Steel (UK) in 1999 to form Corus, now Tata Steel)
Krupp (merged with Thyssen to form ThyssenKrupp in 1999)
Kunming Steel , China[ 5] (merged into China Baowu Steel Group )
Lackawanna Steel Company (acquired by Bethlehem Steel in 1922, plants closed in 1982)
Laiwu Steel (merged into Shandong Iron and Steel Group )
Lone Star Steel Company (acquired by U.S. Steel in 2007)
Maanshan Iron & Steel (acquired by China Baowu in 2019)
Mittal Steel Company (merged with Arcelor forming ArcelorMittal)
National Steel Corporation (acquired by U.S. Steel in 2003)
Northwestern Steel and Wire (reorganized and operating as Sterling Steel Company)
Pingxiang Iron and Steel (merged with Jiujiang Steel forming Fangda Steel)
Republic Steel (merged into LTV Steel, acquired by ISG, merged with Mittal, now ArcelorMittal)
Rouge Steel (formerly owned by Ford Motor Corporation ; acquired by Severstal in 2004)
Steel Company of Wales (absorbed into British Steel Corporation in 1967)
Taiyuan Iron and Steel Group (merged into China Baowu Steel Group )
Timken (split to form TimkenSteel Corporation in 2014)
Thyssen (merged with Krupp to form ThyssenKrupp in 1999)
Weirton Steel (acquired by ISG, which merged with Mittal, now ArcelorMittal)
Wuhan Iron and Steel Corporation (merged with Baosteel forming China Baowu Steel Group)
Youngstown Sheet and Tube (acquired by Jones and Laughlin Steel Company ca. 1977)
^ Tata steel wikipedia[ 17]