Top 10 steel companies in world. This company was established through the merger of the steelmakers Fuji Iron & Steel and Yawata Iron & Steel in 1970. United States 9. 2 million), according to the World Steel Association (Worldsteel). 2% in 2022, following a 4. 93 11. org. HBIS The company has become China’s largest supplier of home appliance steel, the second largest of automotive steel, and the leading supplier of steel for marine engineering, bridges, and construction. 418 T. In 2019, India exported more than $15 million worth of steel ingots, which makes it one of the key players in the international steel market. 6. It was followed by Tata Steel with a production capacity of 20. With a presence in over 50 countries and manufacturing operations in 26, Tata Steel is a leader in the global steel industry. ArcelorMittal is the only top 10 steel company headquartered outside the Asia and Oceania region. Nip Nov 3, 2023 · Top 10 Block Chain Startups in India; Top 10 Product-Based Companies in India; Top 10 Highest-Grossing Movies in India; Top 10 B2B Companies in India; The steel industry in India is a vital aspect of the country’s economy and infrastructure, with several top companies leading the way in terms of capacity and market share. 479 billion. As a group, the companies on the 2023 list account for $51. The U. Subscribe; Leadership; Top 10 biggest companies in the world by market cap in 2024. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning Oct 11, 2021 · The rise in the output share came after a major steelmaker acquired a steel company based in northeastern China's Liaoning province in late September. 73 12. 40 39 34 Severstal Russia 11. 54 41 41 Donghai Special Steel China 10. Arcelor and Mittal Steel merged to create it in 2006. 90 million metric tons of steel in 2022. 's disappearance from this top 10 list, Elon Musk just announced that it wants xAI to build the world's most powerful supercomputer by fall 2025 using Nvidia chips Jan 19, 2018 · Other major steel producing countries in Asia include Japan, which produced 104. Below is a list of the world's top 10 steelmaking countries and companies and their annual output, according to 2024 and 2022 data from the World Steel Jun 3, 2024 · 7. The firm’s production Mar 6, 2023 · The Pohang Iron and Steel Company (POSCO) produces wire rods, hot-rolled iron, plates, cold-rolled iron, steel, and titanium. ArcelorMittal; The headquarters of ArcelorMittal, which has operations in more than 60 nations, are located in Luxembourg's Avenue de la Liberté. S Steel Company Nucor was founded by Samuel Siegel and Ransom E Olds in the year 1905 and is headquartered in Charlotte, North Carolina. Dec 19, 2023 · Below is a list of the world's top 10 steelmakers and their annual output, according to 2022 data from the World Steel Association. 50 11. TATA steel and SAIL has the largest steel plant in Asia. Tonnage is expressed in million tonnes (Mt). Tenere Inc. Tata Steels:6. Main operations of the company through three segments: Steel Products, Steel Mills and Raw Materials. 18 7. Bhushan Steel is a steel company established in New Delhi in 2003. 25 44 35 Jul 4, 2024 · Here is a comprehensive list by CAMAL Group of the top 10 steel manufacturing companies in the world! 1. 80 (a) 10. Our subscribers play a decisive role in finalization of our annual list of Top The 10 most promising Steel Structure Designing and Detailing Companies - 2021 by nominating those which have served them with excellence and are praiseworthy. 6% decrease compared to January 2023. 6 million metric tons, which makes it the second largest private Apr 9, 2024 · Abul Khair Steel stands as the largest and most diverse steel manufacturing unit in South-East Asia, proudly positioned among the top 10 steel mill companies in Bangladesh. 42 45 44 Jiuquan Steel China 9. As in 2021, China-based Chine Baowu Group took the first place with the title of the world's most steel producing company. 35 trillion. Tata Steel Group. JSW Steel Feb 22, 2017 · Here is the list of the top 10 Iron and Steel Companies in the world 2016. 50 million tons of different steel Feb 25, 2021 · From trains to kitchenware, and weapons to furniture, steel is involved in nearly every aspect of modern society. 46 49 57 Top 10 Steel Companies in the World. 43 7. 88 8. India is the world’s second-largest producer of crude steel, with production of 9. Jun 24, 2020 · The steel companies in India like TATA steel, SAIL, and Jindal are among the list of top 10 steel companies in the world. We recently issued our April Short Range Outlook in the shadow of the human and economic tragedy taking place in Ukraine; we hope peace will World Top Companies World Companies Analysis Top 1-year algo backtest: +177. Nov 15, 2020 · 10. Its international dominance can be attributed to its strict quality checking steps that are considered to be the best in the stainless steel manufacturers’ industry. Jun 20, 2024 · With a capacity to produce millions of tons annually, India’s steel sector ranks among the largest in the world. Here is a comprehensive list of the top 10 stainless steel manufacturers in the world to save you time and effort. 01 7. Metal casting factories continuously invest in developing new technologies and products to remain cost-effective and competitive. 10 billion. This throughput was a marked increase from the company’s Top 10 Stainless Steel Companies in the World. Feb 25, 2021 · Top 10 stainless steel manufacturers in the world. With a crude steel capacity of 8 million tonnes a year, Hoa Phat Group is the largest steel producer in Vietnam as well as in Southeast Asia. 7 percent of global output from January to April and importing a record 210 million tonnes of iron ore over the same period. Sep 6, 2023 · World Steel Association (worldsteel), the top five of the most steel producing companies in 2022 remained unchanged. So here is the list of Top 10 Biggest steel Manufacturers in the world. Sep 16, 2022 · JFE Steel is a steel producer that uses raw iron ore to create finished goods throughout the entire steel-making process. It is one of the biggest steel producing companies in the world. 93 44 48 Donghai Special Steel China 9. [ID Jul 29, 2024 · Explore the top 10 companies by market cap for 2024 and gain insights into their influence. The group is equivalent to the world's Top 50 steel Dec 28, 2021 · According to the World Steel Association's Short Range Outlook, worldwide demand for steel is expected to rise another 2. 2. Germany also has a large number of Steel companies: 50. Jul 10, 2023 · China’s Jianlong Group is among the top 10 steel companies in the world; its steel output was 36. TATA Steel Tata Steel was founded in India in 1907 as Asia's first integrated private steel firm, and it is now one of the world's largest low-cost steel producers. Sign in $ USD Jul 2, 2024 · Despite gold's price slump, strong copper and iron ore prices lifted MINING. Steel Companies Europe by country. This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association. There is a huge demand in sectors like construction, railways, automobile and others, seeing the high demand huge potential; government & private sectors are showing interest in the industry. , Ltd. Metinvest Holding LLC Ukraine 11. companies: 9,432 total market cap: $108. USA 9. 436). May 26, 2023 · Amm Steel Co. 65 10. 20 47 41 Erdemir Group Turkey 9. 54 50 52 Mar 18, 2024 · In context of America, Nucor is at the top of the steel game, boasting assets worth a cool $32. The global steel industry is marked by the dominance of several key players who have solidified their positions through a combination of innovation, scale, and strategic expansions. 9 billion tons of steel are used annually for buildings, bridges, automobiles, and heavy machinery. The company embarked on its journey with a vision to offer comprehensive solutions in the realm of structural steel. Table 1: Top Stainless Steel Manufacturers All Over the World Oct 12, 2020 · Top 10 Metals and Mining Companies in 2020. Achievements include the company's significant role in China's rapid infrastructure development over recent decades. 1 million tonnes (Mt) in January 2024, a 1. 75 46 49 Jindal Steel and Power Ltd (JSPL) India 8. 1 million tons, and it produced 42. Acerinox. Jun 23, 2021 · The top metal casting companies in the world often specialize in different kind of metal materials, which are divided into steel, cast iron, copper, aluminum, zinc, and titanium castings, etc. The company makes a range of steel products including special steel, steel plates, steel tubes, sectional steel products, and so on. 26 46 47 Anyang Steel China 9. 808 million metric tonnes in 2018, up from 79 million metric tonnes than the previous year, marking an increase by 4. It has Top 50 Steel Producing Companies 2021 In this article you will find a list of the top 50 crude steel (blooms, billets, slabs or plates) producers by company . 684. so here is the List of Top 10 Chinese Steel Company sorted out by revenue. Jun 12, 2024 · Perhaps in an ode to Tesla Inc. The list includes ranking, name of the company, country of HQ and produced tonnage in 2021. 37 12. 88 MMT of steel in 2018 – joining the list of the top 10 biggest steel producers in the world for the first time. 84 9. 1 day ago · The company aims to expand its international presence, particularly through Belt and Road Initiative projects. By IMARC group some of the top steel tubes manufacturers being Borusan Mannesmann Boru Sanayi ve Ticaret A. S, JFE Steel Corporation, ArcelorMittal S. Here’s an overview of the top 10 steel companies worldwide as of the latest data: ArcelorMittal Top 10 Best Steel Manufacturing Companies in The World10. Other major producers that year were the United States , Russia , South Korea , Germany , Turkey , Brazil and Iran . 97bn Executive Director and President: Wang Haihuai Jul 6, 2024 · In 2023, the global steel production picture remained broadly stable, with China maintaining its dominance as the world's largest steel producer, producing a steady 1,019. 73 8. Top 44 Steel Construction Companies Tata Steel, one of India’s oldest and most renowned steel companies, holds a special place in the nation’s industrial history. Nucor :7. The Global 2000 ranks the largest companies in the world using four metrics: sales, profits, assets and market value. China had set a target to increase the ratio of the top 10 steelmakers' crude steel output to China's total output to 60% by 2025. Shipbuilding, automobile, construction, household appliances, electricity, and industrial machines all use the metals produced. Dec 8, 2022 · AK Steel International, which is a global steel producer company, has establishments in many countries such as Canada, Mexico, Western Europe, and the United States; it is a proponent of industrial, commercial, and aerospace steel products, iron ore pellets, and steel composite materials for various fields and improves the sales network in Europe. 8. The world’s biggest metals and mining companies: Top ten by revenue. Six of the world’s top 10 steel producers are from China, with the state-owned Baowu Group leading the pack, according to data from the World Steel The corporations on our annual list of the world’s 500 largest companies posted near-flat, but still record-breaking aggregate revenues of $41 trillion in 2023, with a year-over-year increase of Jan 5, 2023 · In 2019, Mexico's leading company in the metals and steel industry, Ternium México, generated nearly 105 billion Mexican pesos in revenue. Jul 11, 2023 · The biggest Chinese steel producing companies are China Baowu Group, Ansteel Group, and Shagang Group, among others. 8 MT. 10% of the steel produced worldwide is produced by the company, which employs 232 000 people. The world’s steel producers in 2022 include China (1,013 million tons), India (124. Photo by arhendrix 11. 7 trillion in sales Jul 10, 2023 · Delong Steel is another Chinese company among the top steel companies in the world. 3% from 2015; India — who saw the largest growth among the top steel producing countries from this list — where crude steel production for the year was 95. This list is updated in early June every year. 0 million tons of iron ore. 85 40 37 Anyang Steel China 11. 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. Established in 1907, Tata Steel, formerly known as Tata Iron and Steel Company (TISCO), was founded by the visionary industrialist, Jamsetji Tata. By creating high-performance steel materials and reduced-impact ironmaking methods, the company also helps to protect the environment. 75 8. China Baowu Group keeps the throne for this year as the world’s largest steel producer , immediately followed by ArcelorMittal ; Ansteel Group also maintained its position on As you are reading this you are likely to be in your office or working at a desk in your home. 8 million tonnes, strengthening its position as the world's second largest steel producer Monthly Report: Top 5 steel-producing countries worldwide 2020-2023; Sales revenue of the world's largest steel companies 2023; Sales revenue of ArcelorMittal 2006-2023; Ranking the world's top companies by market cap, market value, revenue and many more metrics. Below is a ranking of the 50 top steel-producing companies. Vale:3. Nippon Steel (Japan) Japan-based Nippon Steel Corporation is one of the 10 largest steelmakers in the world, with a market capitalization of $20. May 19, 2023 · In 1967, the World Steel Association’s first recorded year of steel production figures, China only produced an estimated 14 million tonnes, making up barely 3% of global output. 3%. steel coincide with these statistics as the industry anticipates further growth. Acerinox is a Spanish stainless steel conglomerate. Some steel materials costs increased as much as 200% following the pandemic. 48% market share in the European Steel industry (417. 98 47 52 Erdemir Group Türkiye 7. CRUDE STEEL PRODUCTION World crude steel production, 1950 to 2022 Top steel-producing companies, 2022 Major steel-producing countries, 2021 and 2022 Crude steel production by process, 2022 Continuously-cast steel output, 2020 to 2022 Monthly crude steel production, 2019 to 2022 STEEL USE Steel production and use: geographical distribution, 2012 Sep 19, 2022 · Steel is an integral part if Indian Industry. (NYSE: MT) is the May 12, 2020 · The global steel industry continues to grow with a strong and steady pace, mainly driven by the rapid development of industrialization and urbanization around the world, while the world’s top 10 largest steel companies are expected to further increase their market share and generate higher revenues through 2020. Zekelman Industries The company operates steel-making facilities in 15 countries, including 37 integrated and mini-mill steel-making plants. the world’s top 10 steel companies (China Baowu, HBIS, Shagang, Ansteel, Jianlong, and Shougang) are headquartered in China, and nine of the top 10 are headquartered in Asia and Oceania(including China). 53 48 49 Jiuquan Steel China: 8. ArcelorMittal. 1 million tonnes. Largest global steel producers ArcelorMittal is the world’s leading integrated steel and mining company. COM's ranking of the world's 50 most valuable miners to a new record high of $1. Jan 5, 2022 · Here, we make it easier for you by bringing the top 10 best steel companies in India. One of the largest steel producing capacity in the world is with JFE. 84 m/t of steel in 2022, an increase of 1% compared to 2021. Mar 12, 2024 · Shagang Group, the biggest private steel enterprise in China, ranks the 6th in the world’s top 10 steelmakers with a total asset of 290 billion RMB, more than 40,000 employees, and an annual steel production capacity of over 40 million tons. For Chinese companies, the official CISA tonnage publication ArcelorMittal SA, POSCO Holdings Inc, Baoshan Iron & Steel Co Ltd, Nippon Steel Corp, and Nucor Corp are the top 5 steel companies in the world in 2021 by revenue. Take a glance at India’s leading top 10 steel companies – 1. Here, we explore the top 10 steel companies in India that have made a mark with their innovation, production capacity, and commitment to quality. List of Top 10 Chinese Steel Company. in million tonnes, crude steel production Companies HQ Tonnage 2020 Tonnage 2019 2020 Ranking 2019 Ranking Sanming Steel China 11. Sections. Shanghai Baosteel Group also known as China Baowu Steel Group Corp. 6 million metric tons May 13, 2024 · There is a plethora of manufacturers all around the world. May 11, 2023 · Structural steel is highly recyclable so it’s considered ideal for green building and LEED-certified projects. Jul 1, 2020 · The top 10 steel-producing companies in the world accounted for nearly 25 percent of this production. 8 million metric tons in 2016, a decline of 0. These three regions combined Jan 17, 2024 · As of March 2023, Nippon Steel Corporation held total assets worth approximately 9. dollars). Shanghai Baosteel Group, Shanghai Steel Manufacturer Baosteel Overview. , Jindal SAW Ltd, China Baowu Steel Group Corp, Gerdau, Nippon & Sumitomo Stainless Steel Metal Corporation (NSSMC), POSCO, Nucor Corporation. 1. 131 Steel companies in Europe (12. Some of their primary areas of focus include cloud infrastructure, fiber optics, and renewable energy. com Notes on company ownership and tonnage calculations: For worldsteel members, the data was sourced from their official tonnage declarations. 4% from the prior year; and South Korea, which produced 68. With 23 plants up and running, Nucor cranked out 20. Just imagine not being able to use your fridge, drive your car, or take a plane to your next vacation or business destination. The crude steel company saw a throughput of 27. Second is Poland with 51. 66% $10,000 in August 2023 would now be $27,766 by following this algorithm daily at market close. Jun 26, 2024 · Bhushan Steel - Top Steel Companies in India. An extended listing of top steel producers in 2023/2022 is available in the PDF under the table. A. The total number of Steel companies in Europe is 417. 88 44 42 Xinyu Steel China 10. 6 million metric tons, up by 7. , a Chinese private steel enterprise, produced 27. Based in De Pere, WI, this company brought in $102 million in revenue in 2019. The world's crude steel production surpassed 1. is yet another Chinese steel maker that has made an entry in the list of top 10 steel companies in the world. Headquartered in Dresser, WI, this company brought in $105 million in revenue in 2019 and has 700 employees. China Communications Construction Company (CCCC) Market cap: $14. Dec 20, 2023 · China currently dominates the steel industry. Sep 27, 2023 · This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association. As most of the top metals and mining companies are experiencing disruptions due to the Covid-19 crisis, Mining Technology lists the top ten metals and mining companies in 2020 based on 2019 revenues, along with the outlook for 2020. Sep 7, 2022 · These Chinese Companies Produce high-speed steel rails, oil casing pipes, line pipes, automotive, high-grade pipeline steels, and high-strength structural steels and many more steel Products. 57 trillion Japanese yen, far more than other publicly listed companies in the Japanese iron and steel sector. Top 10 U. Tata Steel has become a globally renowned brand with operations across more than 50 countries and an annual production capacity of 28 million metric tons of steel. Apr 17, 2024 · India’s steel companies have a story to tell – one of innovation, growth, and resilience. 48 10. 01 8. Gerdau:8. Jan 1, 2021 · Total assets of the company in 2019 (in billions of dollars): 12. 14 9. 75 49 48 SSAB Sweden 8. 436. Sep 23, 2022 · The top steel producers in India primarily use iron ore to produce iron and steel, which they then supply to many of the important sectors of the economy like building, machinery, and transportation. The company produced 131. It’s probably the case that everything – and I May 13, 2024 · A total of 34 million tons of crude steel are produced by Tata Steel each year, making it one of the top steel producers in the world. Robinson Metal, Inc. The customer, on the other hand, must be aware of his requirements before making a purchase. . Oct 7, 2023 · The company is fourth in the list of top 10 steel companies in India based on the total sales. 42 10. 04 43 43 Steel Dynamics, Inc. 7 million) and Japan (89. 10. Jul 1, 2024 · World Top Companies World Companies Analysis Top 1-year algo backtest: +177. 69 43 38 thyssenkrupp Germany 10. is also one of top 10 steel companies in China, focusing on steel industry! Amm Steel company has 2 main products which are steel coils and graphite electrodes! Amm Steel contributes more than 500,000 tons of steel coils and 30,000 tons of graphite electrode transactions to the global market every year. is an iron and steel company owned by the state that has its headquarters in Shanghai. The company reported operating revenues of $17. 3 billion in 2018. The core challenges facing the industry are labor shortages, supply chain issues, and the rising cost of materials. Sep 7, 2022 · List of Top 10 Steel Companies in World 2020. </p> Jun 20, 2024 · Tata Steel Limited – Top 10 Steel companies in India. 9 million tonnes (Mt) of crude steel … Jun 28, 2024 · Monthly Report: Top 5 steel-producing countries worldwide 2020-2023; Sales revenue of the world's largest steel companies 2023; Sales revenue of ArcelorMittal 2006-2023; CRUDE STEEL PRODUCTION World crude steel production, 1950 to 2023 Top steel-producing companies, 2023 Major steel-producing countries, 2022 and 2023 Crude steel production by process, 2023 Continuously-cast steel output, 2021 to 2023 Monthly crude steel production, 2020 to 2023 STEEL USE Steel production and use: geographical distribution, 2013 May 22, 2024 · Monthly Report: Top 5 steel-producing countries worldwide 2020-2023; "The world's largest steel companies as of March 2023, based on sales revenue (in billion U. Globally, an estimated 1. 40 11. 25%). 56 million metric tons in 2022. 02 8. At that time, the U. Acerinox; ACERINOX is widely recognised as one of the most competitive groups in stainless steel manufacturing. AK Steel Jul 24, 2024 · Beijing Jianlong Heavy Industry Group Co. MNI's latest data on U. 02 48 47 Jinxi Steel China 7. 16 42 45 Sanming Steel China: 11. China Baowu Steel Group Corporation. 89 45 46 Steel Dynamics, Inc. Company Profile; Tata Steel Group is one of the world’s largest steel producers, established in 1907. and the USSR were competing as the world’s top steel producers at 115 and 102 million tonnes respectively, followed by Japan at 62 million Jul 1, 2024 · World Top Companies World Companies Analysis Top 1-year algo backtest: +177. Baoshan Iron and Steel:5. Italy is the largest country with an 14. Total profits of the company in 2019 (in millions of dollars): 613. This list ranks steelmakers by volume of steel production in millions of tonnes and includes the top 45 steelmakers. " Chart. ArcelorMittal employs approximately 126,756 people globally. S. 31 11. Discover the latest trends and data on the global steel industry in World Steel in Figures 2023, a comprehensive report by worldsteel. 2022/2021 top steel-producing companies: Mt thyssenkrupp Germany 9. Rising consumer preferences for steel-based products and technological advancements in the field are the factors responsible for stellar growth of the market. 5% rise in 2021. NUCOR. 3% to 140. In 2019 alone, steel companies provided roughly 1,869. Jul 9, 2023 · According to the latest data published by the World Steel Association, the list of the world's top steelmakers has seen some minor reshuffling in 2023 compared to 2022. Essar Steel lays great emphasis on sustainability and is aligned with the World Steel Association’s (WSA) sustainability indicators. They’ve faced challenges head-on and emerged stronger, building a future that gleams with promise Jan 3, 2022 · Jianlong Steel Holdings Co. The company is dedicated to offering world-class products. Take a moment to look around you. JFE Holdings:4. 3 billion. Aside from the top companies in China, ArcelorMittal S. Steel Companies Top 10 Steel Companies in World. 90 42 44 Tsingshan Holding China 10. It has become one of India's top 10 steel producers, renowned for its stainless steel quality and supply. Chinese See full list on expertmarketresearch. Jul 19, 2023 · Additionally, leading manufacturers of the field are investing substantial funds in adopting sustainable stainless steel which is durable and can be reused. Overview: Founded in 1907, Tata Steel is one of the most geographically diversified steel producers in the world. May 21, 2010 · China's steel industry is the biggest in the world, producing 45. Top 10 Steel Production Companies in 2019 Rank Dr Edwin Basson – Director General. 37 43 39 Donghai Special Steel China 10. India saw a significant increase in steel production, up 12. 79 9. Total steel production of the company in 2019 (in million Mar 22, 2023 · The world economy is built on steel. World crude steel production for the 71 countries reporting to the World Steel Association (world steel) was 148. The company's annual steel production exceeds 5 million metric tons, with an impressive annual turnover of almost $2 billion. Kobelco:9. Jul 10, 2021 · A major Australian steel company, BlueScope Steel, is also listed in the 23 rd position in the ranking with a market capitalization of $7. 20 10. The company’s crude steel production in 2023 was 58. Total Capacity: 10 MnTPA . fizpsecablfrrkwprfwosdrxcoauyfdslunpdpveoojrhaioydj