Top 10 steel companies in world

Top 10 steel companies in world. 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. 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. org. 80 (a) 10. 20 47 41 Erdemir Group Turkey 9. 436. Company Profile; Tata Steel Group is one of the world’s largest steel producers, established in 1907. Sections. [ID Jul 29, 2024 · Explore the top 10 companies by market cap for 2024 and gain insights into their influence. '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. 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. 7 trillion in sales Jul 10, 2023 · Delong Steel is another Chinese company among the top steel companies in the world. Total Capacity: 10 MnTPA . 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. 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. ArcelorMittal employs approximately 126,756 people globally. 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. Globally, an estimated 1. 436). Feb 25, 2021 · Top 10 stainless steel manufacturers in the world. Robinson Metal, Inc. companies: 9,432 total market cap: $108. 4% from the prior year; and South Korea, which produced 68. Here is a comprehensive list of the top 10 stainless steel manufacturers in the world to save you time and effort. 2022/2021 top steel-producing companies: Mt thyssenkrupp Germany 9. 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. This list ranks steelmakers by volume of steel production in millions of tonnes and includes the top 45 steelmakers. 75 8. 1 million tons, and it produced 42. Sign in $ USD Jul 2, 2024 · Despite gold's price slump, strong copper and iron ore prices lifted MINING. 8 MT. 02 48 47 Jinxi Steel China 7. 2% in 2022, following a 4. At that time, the U. May 11, 2023 · Structural steel is highly recyclable so it’s considered ideal for green building and LEED-certified projects. 53 48 49 Jiuquan Steel China: 8. Shanghai Baosteel Group also known as China Baowu Steel Group Corp. . 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. 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. Steel Companies Top 10 Steel Companies in World. United States 9. so here is the List of Top 10 Chinese Steel Company sorted out by revenue. 14 9. Overview: Founded in 1907, Tata Steel is one of the most geographically diversified steel producers in the world. Main operations of the company through three segments: Steel Products, Steel Mills and Raw Materials. The core challenges facing the industry are labor shortages, supply chain issues, and the rising cost of materials. 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. 75 46 49 Jindal Steel and Power Ltd (JSPL) India 8. 56 million metric tons in 2022. (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. 01 7. List of Top 10 Chinese Steel Company. MNI's latest data on U. It has become one of India's top 10 steel producers, renowned for its stainless steel quality and supply. Some steel materials costs increased as much as 200% following the pandemic. 69 43 38 thyssenkrupp Germany 10. 43 7. As in 2021, China-based Chine Baowu Group took the first place with the title of the world's most steel producing company. So here is the list of Top 10 Biggest steel Manufacturers in the world. 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. 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. Jul 10, 2023 · China’s Jianlong Group is among the top 10 steel companies in the world; its steel output was 36. 93 11. The customer, on the other hand, must be aware of his requirements before making a purchase. , Jindal SAW Ltd, China Baowu Steel Group Corp, Gerdau, Nippon & Sumitomo Stainless Steel Metal Corporation (NSSMC), POSCO, Nucor Corporation. Italy is the largest country with an 14. Shipbuilding, automobile, construction, household appliances, electricity, and industrial machines all use the metals produced. 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. Acerinox is a Spanish stainless steel conglomerate. 02 8. 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. 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. The world's crude steel production surpassed 1. Acerinox; ACERINOX is widely recognised as one of the most competitive groups in stainless steel manufacturing. By creating high-performance steel materials and reduced-impact ironmaking methods, the company also helps to protect the environment. 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. ArcelorMittal. Some of their primary areas of focus include cloud infrastructure, fiber optics, and renewable energy. An extended listing of top steel producers in 2023/2022 is available in the PDF under the table. 5% rise in 2021. 66% $10,000 in August 2023 would now be $27,766 by following this algorithm daily at market close. 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. 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. 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. 73 12. USA 9. 6 million metric tons, up by 7. 79 9. Largest global steel producers ArcelorMittal is the world’s leading integrated steel and mining company. Tata Steels:6. 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. steel coincide with these statistics as the industry anticipates further growth. 42 45 44 Jiuquan Steel China 9. 54 41 41 Donghai Special Steel China 10. Nippon Steel (Japan) Japan-based Nippon Steel Corporation is one of the 10 largest steelmakers in the world, with a market capitalization of $20. 93 44 48 Donghai Special Steel China 9. 75 49 48 SSAB Sweden 8. 98 47 52 Erdemir Group Türkiye 7. 20 10. 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. This list is updated in early June every year. The total number of Steel companies in Europe is 417. Baoshan Iron and Steel:5. Sep 16, 2022 · JFE Steel is a steel producer that uses raw iron ore to create finished goods throughout the entire steel-making process. With a presence in over 50 countries and manufacturing operations in 26, Tata Steel is a leader in the global steel industry. 85 40 37 Anyang Steel China 11. 31 11. 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. 89 45 46 Steel Dynamics, Inc. 7 million) and Japan (89. Chinese See full list on expertmarketresearch. Jun 26, 2024 · Bhushan Steel - Top Steel Companies in India. 40 39 34 Severstal Russia 11. 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. Total profits of the company in 2019 (in millions of dollars): 613. , a Chinese private steel enterprise, produced 27. 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. 37 12. 10% of the steel produced worldwide is produced by the company, which employs 232 000 people. 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. 684. These three regions combined Jan 17, 2024 · As of March 2023, Nippon Steel Corporation held total assets worth approximately 9. Based in De Pere, WI, this company brought in $102 million in revenue in 2019. 16 42 45 Sanming Steel China: 11. China Communications Construction Company (CCCC) Market cap: $14. NUCOR. 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. The world’s steel producers in 2022 include China (1,013 million tons), India (124. India is the world’s second-largest producer of crude steel, with production of 9. 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 . Photo by arhendrix 11. Take a moment to look around you. Metal casting factories continuously invest in developing new technologies and products to remain cost-effective and competitive. is an iron and steel company owned by the state that has its headquarters in Shanghai. 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). 10. The list includes ranking, name of the company, country of HQ and produced tonnage in 2021. 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. Tata Steel Group. 1 million tonnes (Mt) in January 2024, a 1. 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. The company embarked on its journey with a vision to offer comprehensive solutions in the realm of structural steel. 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. 48 10. Headquartered in Dresser, WI, this company brought in $105 million in revenue in 2019 and has 700 employees. 26 46 47 Anyang Steel China 9. in million tonnes, crude steel production Companies HQ Tonnage 2020 Tonnage 2019 2020 Ranking 2019 Ranking Sanming Steel China 11. </p> Jun 20, 2024 · Tata Steel Limited – Top 10 Steel companies in India. India saw a significant increase in steel production, up 12. 35 trillion. Top 10 U. Zekelman Industries The company operates steel-making facilities in 15 countries, including 37 integrated and mini-mill steel-making plants. S, JFE Steel Corporation, ArcelorMittal S. 7 percent of global output from January to April and importing a record 210 million tonnes of iron ore over the same period. Jul 11, 2023 · The biggest Chinese steel producing companies are China Baowu Group, Ansteel Group, and Shagang Group, among others. One of the largest steel producing capacity in the world is with JFE. It is one of the biggest steel producing 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. 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. JFE Holdings:4. A. 65 10. Aside from the top companies in China, ArcelorMittal S. The company reported operating revenues of $17. 88 MMT of steel in 2018 – joining the list of the top 10 biggest steel producers in the world for the first time. Kobelco:9. 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. The company’s crude steel production in 2023 was 58. Table 1: Top Stainless Steel Manufacturers All Over the World Oct 12, 2020 · Top 10 Metals and Mining Companies in 2020. TATA steel and SAIL has the largest steel plant in Asia. 84 m/t of steel in 2022, an increase of 1% compared to 2021. 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. 2. S. 84 9. Dec 20, 2023 · China currently dominates the steel industry. The U. 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. The world’s biggest metals and mining companies: Top ten by revenue. Top 10 Steel Production Companies in 2019 Rank Dr Edwin Basson – Director General. 479 billion. Oct 7, 2023 · The company is fourth in the list of top 10 steel companies in India based on the total sales. 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. 01 8. 46 49 57 Top 10 Steel Companies in the World. Jan 1, 2021 · Total assets of the company in 2019 (in billions of dollars): 12. 88 8. Below is a ranking of the 50 top steel-producing companies. Nucor :7. Achievements include the company's significant role in China's rapid infrastructure development over recent decades. May 21, 2010 · China's steel industry is the biggest in the world, producing 45. JSW Steel Feb 22, 2017 · Here is the list of the top 10 Iron and Steel Companies in the world 2016. This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association. 90 42 44 Tsingshan Holding China 10. Steel Companies Europe by country. Arcelor and Mittal Steel merged to create it in 2006. 10 billion. They’ve faced challenges head-on and emerged stronger, building a future that gleams with promise Jan 3, 2022 · Jianlong Steel Holdings Co. Gerdau:8. 1 million tonnes. Take a glance at India’s leading top 10 steel companies – 1. 3%. 40 11. 18 7. Established in 1907, Tata Steel, formerly known as Tata Iron and Steel Company (TISCO), was founded by the visionary industrialist, Jamsetji Tata. 8. 88 44 42 Xinyu Steel China 10. In 2019 alone, steel companies provided roughly 1,869. 6 million metric tons May 13, 2024 · There is a plethora of manufacturers all around the world. 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. 50 11. 25%). COM's ranking of the world's 50 most valuable miners to a new record high of $1. 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. Jan 5, 2022 · Here, we make it easier for you by bringing the top 10 best steel companies in India. 73 8. This throughput was a marked increase from the company’s Top 10 Stainless Steel Companies in the World. As a group, the companies on the 2023 list account for $51. The Global 2000 ranks the largest companies in the world using four metrics: sales, profits, assets and market value. 1 day ago · The company aims to expand its international presence, particularly through Belt and Road Initiative projects. 9 billion tons of steel are used annually for buildings, bridges, automobiles, and heavy machinery. Sep 7, 2022 · List of Top 10 Steel Companies in World 2020. China Baowu Steel Group Corporation. 8 million metric tons in 2016, a decline of 0. , Ltd. " Chart. Germany also has a large number of Steel companies: 50. 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. 90 million metric tons of steel in 2022. 808 million metric tonnes in 2018, up from 79 million metric tonnes than the previous year, marking an increase by 4. 131 Steel companies in Europe (12. 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. Tenere Inc. ArcelorMittal; The headquarters of ArcelorMittal, which has operations in more than 60 nations, are located in Luxembourg's Avenue de la Liberté. Shanghai Baosteel Group, Shanghai Steel Manufacturer Baosteel Overview. By IMARC group some of the top steel tubes manufacturers being Borusan Mannesmann Boru Sanayi ve Ticaret A. It was followed by Tata Steel with a production capacity of 20. com Notes on company ownership and tonnage calculations: For worldsteel members, the data was sourced from their official tonnage declarations. Metinvest Holding LLC Ukraine 11. Other major producers that year were the United States , Russia , South Korea , Germany , Turkey , Brazil and Iran . ArcelorMittal is the only top 10 steel company headquartered outside the Asia and Oceania region. 1. 3 billion in 2018. 6% decrease compared to January 2023. Jul 1, 2024 · World Top Companies World Companies Analysis Top 1-year algo backtest: +177. Here, we explore the top 10 steel companies in India that have made a mark with their innovation, production capacity, and commitment to quality. Sep 6, 2023 · World Steel Association (worldsteel), the top five of the most steel producing companies in 2022 remained unchanged. 37 43 39 Donghai Special Steel China 10. 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. Jun 20, 2024 · With a capacity to produce millions of tons annually, India’s steel sector ranks among the largest in the world. 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. Rising consumer preferences for steel-based products and technological advancements in the field are the factors responsible for stellar growth of the market. 42 10. The company makes a range of steel products including special steel, steel plates, steel tubes, sectional steel products, and so on. 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. 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. 3 billion. Bhushan Steel is a steel company established in New Delhi in 2003. Acerinox. dollars). 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. S Steel Company Nucor was founded by Samuel Siegel and Ransom E Olds in the year 1905 and is headquartered in Charlotte, North Carolina. Subscribe; Leadership; Top 10 biggest companies in the world by market cap in 2024. Apr 17, 2024 · India’s steel companies have a story to tell – one of innovation, growth, and resilience. May 26, 2023 · Amm Steel Co. This company was established through the merger of the steelmakers Fuji Iron & Steel and Yawata Iron & Steel in 1970. is yet another Chinese steel maker that has made an entry in the list of top 10 steel companies in the world. 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. AK Steel Jul 24, 2024 · Beijing Jianlong Heavy Industry Group Co. 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. The company produced 131. 0 million tons of iron ore. Discover the latest trends and data on the global steel industry in World Steel in Figures 2023, a comprehensive report by worldsteel. Just imagine not being able to use your fridge, drive your car, or take a plane to your next vacation or business destination. Jul 1, 2020 · The top 10 steel-producing companies in the world accounted for nearly 25 percent of this production. The company is dedicated to offering world-class products. 04 43 43 Steel Dynamics, Inc. 6. 57 trillion Japanese yen, far more than other publicly listed companies in the Japanese iron and steel sector. Second is Poland with 51. 418 T. Tonnage is expressed in million tonnes (Mt). With 23 plants up and running, Nucor cranked out 20. Vale:3. The company's annual steel production exceeds 5 million metric tons, with an impressive annual turnover of almost $2 billion. 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. 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. Jun 12, 2024 · Perhaps in an ode to Tesla Inc. 3% to 140. The crude steel company saw a throughput of 27. Nov 15, 2020 · 10. 48% market share in the European Steel industry (417. Essar Steel lays great emphasis on sustainability and is aligned with the World Steel Association’s (WSA) sustainability indicators. 2 million), according to the World Steel Association (Worldsteel). rwincfy ewved raey izg tpx szmm tuxy xfycie jaemf rlde