This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association. This list ranks steelmakers by volume of steel production in millions of tonnes and includes all steelmakers with production over 10 million in 2021.
The World Steel Association compiles a list from its members every year. Note that due to mergers, year-to-year figures for some producers are not comparable. Also note that not all steel is the same; some steel is more valuable than other steel, so volume is not the same as turnover.
Ranking (2020) |
Company | Country | 2021[1] | 2020[2] | 2019[3] | 2018[4] | 2017[5] | 2016[6] | 2015[7] | 2014[8] | 2013[9] | 2012[10] | 2011[11] | 2010[11] | 2009[11] | 2008[11] | 2007[11] |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | China Baowu Steel Group | ![]() |
120.0 | 115.3 | 95.5 | 67.4 | 65.4 | 63.8 | 60.7 | 76.4 | 83.2 | 79.2 | 81 | - | - | - | - |
2 | ArcelorMittal | ![]() |
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 | ![]() |
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 | ![]() |
49.46 | 41.6 | 51.7 | 49.2 | 47.4 | 46.2 | 46.3 | 49.3 | 50.1 | 47.9 | 33.4[12] | 35.0[12] | 26.5[12] | 37.5[12] | 35.7[12] |
5 | Jiangsu Shagang | ![]() |
44.23 | 41.6 | 41.1 | 40.7 | 38.4 | 33.3 | 34.2 | 35.3 | 35.1 | 32.3 | 31.9 | 30.1[13] | 26.4[13] | 23.3 | 22.9 |
6 | POSCO | ![]() |
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 |
7 | Hesteel Group | ![]() |
41.64 | 43.8 | 46.6 | 46.8 | 45.6 | 46.2 | 47.7 | 47.1 | 45.8 | 42.8 | 44.4 | 52.9[13] | 40.2[14] | 33.3 | 31.1 |
8 | Jianlong Steel | ![]() |
36.71 | 36.5 | 31.2 | 27.9 | 20.3 | 16.5 | 15.1 | 15.2 | 14.3 | 13.8 | 12.4 | 8.8[13] | 8.4[13] | 6.5 | 7.8 |
9 | Shougang | ![]() |
35.43 | 34.0 | 29.3 | 27.4 | 27.6 | 26.8 | 28.6 | 30.8 | 31.5 | 31.4 | 30 | 25.8[13] | 17.3[13] | 12.2 | 12.9 |
10 | Tata Steel | ![]() |
30.6 | 28.1 | 30.2 | 27.3 | 25.1 | 24.5 | 26.3 | 26.2 | 25.3 | 23 | 23.8 | 23.5[13] | 21.9[13] | 24.4 | 26.5 |
11 | Shandong Iron and Steel Group | ![]() |
28.25 | 31.1 | 27.6 | 23 | 21.7 | 23 | 21.7 | 23.3 | 22.8 | 23 | 24 | 23.2[13] | 26.4[14] | 21.8[15] | 23.8 |
12 | Delong Steel | ![]() |
27.8 | 28.3 | 26.8 | 3.2 | 2.6 | 3.2 | |||||||||
13 | JFE | ![]() |
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 | ![]() |
26.2 | 26.8 | 24.3 | 23 | 20.2 | 15.5 | 14.9 | 15.4 | 15 | 14.1 | 15.9 | 15.1[13] | 11.8[14] | 11.3[14] | 11.1 |
15 | Nucor Corporation | ![]() |
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 | ![]() |
20.2 | 19.6 | 15.7 | 15.5 | 15.1 | 13.7 | 13.2 | 13.6 | 13.2 | 3.3 | 2.6 | - | - | - | - |
17 | Hyundai Steel | ![]() |
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 |
18 | Liuzhou Iron and Steel[16] | ![]() |
18.8 | 16.9 | 14.4 | 13.5 | 12.3 | 11.1 | 10.8 | 11.4 | - | - | - | - | - | - | - |
19 | JSW Steel | ![]() |
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 |
20 | Steel Authority of India Limited | ![]() |
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 | ![]() |
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 | ![]() |
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 | ![]() |
16.5 | 15.6 | 15.5 | 15.3 | 14.2 | 12.3 | 11.9 | 10.7 | 10.7 | 10.2 | 10.2 | 10.1[13] | 10.1[13] | 8.8 | 9.8 |
24 | United States Steel Corporation | ![]() |
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 | ![]() |
16.3 | 3.6 | |||||||||||||
26 | China Steel | ![]() |
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 | ![]() |
15.4 | 16.3 | 12.6 | 11.3 | 10.4 | 11 | 11.3 | 10.5 | 9.7 | 7.3 | 5.8 | - | - | - | - |
28 | Techint | ![]() |
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 | ![]() |
14.3 | 14.2 | 10.3 | ||||||||||||
30 | Gerdau | ![]() |
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 | ![]() |
14.0 | 14.1 | 13.6 | 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 | Rizhao Steel | ![]() |
13.6 | 14.4 | 14.2 | 15 | 15 | 13.9 | 14 | 11.4 | 12.7 | 13.2 | 11.2 | 9.8[13] | 9.9[13] | 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 | Zenith Steel Group | ![]() |
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 | ![]() |
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 | ![]() |
12.4 | 10.8 | 11.4 | 9.3 | - | - | - | - | - | - | - | - | - | - | - |
38 | Guangxi Shenglong Metallurgical | ![]() |
12.2 | 12.1 | 7.6 | ||||||||||||
39 | ThyssenKrupp | ![]() |
12.0 | 10.7 | 12.3 | 12.6 | 13.2 | 17.2 | 17.3 | 17.2 | 15.9 | 15.1 | 17.9 | 16.7[13] | 11 | 15.9 | 17 |
40 | Severstal | ![]() |
11.7 | 11.3 | 11.9 | 12 | 11.7 | 11.5 | 14.2 | 15.7 | 15.1 | 15.3 | 14.7[13] | 16.7 | 19.2 | 17.3 | - |
41 | Nanjing Iron and Steel Company | ![]() |
11.6 | 11.6 | 11 | 10 | 9.9 | 9 | 8.6 | 8 | 6.1 | 7.2 | - | - | - | - | - |
42 | Metinvest | ![]() |
11.5 | 10.2 | 9.6 | 9.4 | 9.6 | 10.3 | |||||||||
43 | Sanming Iron and Steel | ![]() |
11.4 | 11.4 | 12.4 | 11.7 | 11.2 | 10.4 | 9.6 | 9.2 | 8.2 | 7 | 5.7 | - | - | - | - |
44 | Hebei Donghai Special Steel | ![]() |
10.4 | 10.8 | 8.9 | ||||||||||||
45 | Xinyu Iron and Steel | ![]() |
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 |