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 and JSW Steel 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) 		Company Country 2022[1] 2021[2] 2020[3] 2019[4] 2018[5] 2017[6] 2016[7] 2015[8] 2014[9] 2013[10] 2012[11] 2011[12] 2010[12] 2009[12] 2008[12] 2007[12]
1 China Baowu Steel Group  China 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 68.89 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 55.65 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 44.37 49.46 41.6 51.7 49.2 47.4 46.2 46.3 49.3 50.1 47.9 33.4[13] 35.0[13] 26.5[13] 37.5[13] 35.7[13]
5 Jiangsu Shagang  China 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[14] 26.4[14] 23.3 22.9
6 Hesteel Group  China 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[14] 40.2[15] 33.3 31.1
7 POSCO  South Korea 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 36.56 36.71 36.5 31.2 27.9 20.3 16.5 15.1 15.2 14.3 13.8 12.4 8.8[14] 8.4[14] 6.5 7.8
9 Shougang  China 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[14] 17.3[14] 12.2 12.9
10 Tata Steel  India 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[14] 21.9[14] 24.4 26.5
11 Shandong Iron and Steel Group  China 29.42 28.25 31.1 27.6 23 21.7 23 21.7 23.3 22.8 23 24 23.2[14] 26.4[15] 21.8[16] 23.8
12 Delong Steel  China 27.90 27.8 28.3 26.8 3.2 2.6 3.2
13 JFE  Japan 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 Valin Steel Group  China 26.2 26.8 24.3 23 20.2 15.5 14.9 15.4 15 14.1 15.9 15.1[14] 11.8[15] 11.3[15] 11.1
15 JSW Steel  India 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
16 Nucor Corporation  United States 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
17 Fangda Steel [zh]  China 20.2 19.6 15.7 15.5 15.1 13.7 13.2 13.6 13.2 3.3 2.6 - - - -
18 Hyundai Steel  South Korea 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 Liuzhou Iron and Steel [zh][a]  China 18.8 16.9 14.4 13.5 12.3 11.1 10.8 11.4 - - - - - - -
20 Steel Authority of India Limited  India 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
21 Novolipetsk Steel  Russia 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
22 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
23 Baotou Steel  China 16.5 15.6 15.5 15.3 14.2 12.3 11.9 10.7 10.7 10.2 10.2 10.1[14] 10.1[14] 8.8 9.8
24 United States Steel Corporation  United States 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 Cleveland-Cliffs  United States 16.3 3.6
26 China Steel  Taiwan 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
27 Jingye Steel [Wikidata]  China 15.4 16.3 12.6 11.3 10.4 11 11.3 10.5 9.7 7.3 5.8 - - - -
28 Techint  Argentina 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
29 Hebei Sinogiant Group [Wikidata]  China 14.3 14.2 10.3
30 Gerdau  Brazil 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
31 CITIC Limited  China 14.0 14.1 13.6 12.3 8.8 8.4 7.6 7.9 7.7 - - - - - -
32 Magnitogorsk Iron and Steel Works  Russia 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 Rizhao Steel [zh]  China 13.6 14.4 14.2 15 15 13.9 14 11.4 12.7 13.2 11.2 9.8[14] 9.9[14] 7.5 6.2
34 Evraz  Russia 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 Zenith Steel Group [Wikidata]  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[18] 11.2[19]
39 Guangxi Shenglong Metallurgical [Wikidata]  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[14] 11 15.9 17
41 Severstal  Russia 11.7 11.3 11.9 12 11.7 11.5 14.2 15.7 15.1 15.3 14.7[14] 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 - - - - -
43 Metinvest  Ukraine 11.5 10.2 9.6 9.4 9.6 10.3
44 Sanming Iron and Steel  China 11.4 11.4 12.4 11.7 11.2 10.4 9.6 9.2 8.2 7 5.7 - - - -
45 Hebei Donghai Special Steel [Wikidata]  China 10.4 10.8 8.9
46 Xinyu Iron and Steel [zh]  China 10.1 9.9
World total - 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

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

Notes

  1. ^ Tata steel wikipedia[17]

References

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  13. ^ a b c d e Nippon Steel only
  14. ^ a b c d e f g h i j k l m n o p q "MetalBulletin: Top steelmakers 2010". Archived from the original on 2018-12-02. Retrieved 2011-11-05.
  15. ^ a b c d "Get info about steel manufacturing". JF Engineering Products LLP.
  16. ^ "China's top steel producers in 2008". Archived from the original on 2013-09-22. Retrieved 2011-07-15.
  17. ^ "All about Steel Manufacturing from industries best". JF Engineering Products LLP].
  18. ^ "Steel Dynamics in 2022 received a revenue of $3.9 billion — News — GMK Center". GMK. Retrieved 2023-09-20.
  19. ^ "Steel Dynamics Reports Record Fourth Quarter and Record Annual 2021 Results". Bloomberg.com. 2022-01-24. Retrieved 2023-09-20.
  20. ^ a b c MetalBulletin: Top steelmakers 2011
  21. ^ "Home". LIBERTY Steel Group.
  22. ^ "Siam Yamato Steel".
  23. ^ "Special Steel - Delivered Nationwide by West Yorkshire Steel Co Ltd". West Yorkshire Steel.
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