List of steel producers

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 2024.

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. In India, Tata Steel, JSW Steel, SAIL and Jindal Steel and Power are key players in the steel industry. Japan's Nippon Steel Corporation is renowned for quality. POSCO Holdings from South Korea is also a significant contributor.

Steelmakers from multiple different countries, Argentina, Brazil, China, Germany, India, Iran, Japan, Luxembourg, Russia, South Korea, Taiwan and the United States, are included in the list associated with their volumes used as figures.

N°	Company	Country	2024^[1]	2023^[2]	2022^[3]	2021^[4]	2020^[5]	2019^[6]	2018^[7]	2017^[8]	2016^[9]	2015^[10]	2014^[11]	2013^[12]	2012^[13]	2011^[14]	2010^[14]	2009^[14]	2008^[14]	2007^[14]
1	Baowu	China	130.09	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	65.00	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	59.55	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	43.64	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^[15]	35.0^[15]	26.5^[15]	37.5^[15]	35.7^[15]
5	Hesteel Group	China	42.28	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^[16]	40.2^[17]	33.3	31.1
6	Jiangsu Shagang	China	40.22	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^[16]	26.4^[16]	23.3	22.9
7	Jianlong Steel	China	39.37	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^[16]	8.4^[16]	6.5	7.8
8	POSCO	South Korea	37.79	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
9	Shougang	China	31.57	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^[16]	17.3^[16]	12.2	12.9
10	Tata Steel	India	31.02	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^[16]	21.9^[16]	24.4	26.5
11	Delong Steel	China	29.33	28.26	27.90	27.8	28.3	26.8	3.2	2.6	3.2
12	JSW Steel	India	26.95	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	Hunan Valin Steel	China	24.90	24.80	26.2	26.8	24.3	23	20.2	15.5	14.9	15.4	15	14.1	15.9	15.1^[16]	11.8^[17]	11.3^[17]	11.1	-
14	JFE	Japan	23.53	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
15	Jingye Steel	China	22.72	14.51	15.4	16.3	12.6	11.3	10.4	11	11.3	10.5	9.7	7.3	5.8	-	-	-	-	-
16	Nucor	United States	20.66	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	-
17	Shandong Steel	China	19.45	19.45	29.42	28.25	31.1	27.6	23	21.7	23	21.7	23.3	22.8	23	24	23.2^[16]	26.4^[17]	21.8	23.8
18	Liuzhou Iron and Steel [zh]	China	19.22	18.62	18.8	16.9	14.4	13.5	12.3	11.1	10.8	11.4	-	-	-	-	-	-	-	-
19	Fangda Steel	China	19.10	19.56	20.2	19.6	15.7	15.5	15.1	13.7	13.2	13.6	13.2	3.3	2.6	-	-	-	-	-
20	Steel Authority of India Limited	India	19.10	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
21	Hyundai Steel	South Korea	18.36	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
22	Rizhao Steel [zh]	China	18.30	18.66	13.6	14.4	14.2	15	15	13.9	14	11.4	12.7	13.2	11.2	9.8^[16]	9.9^[16]	7.5	6.2
23	Cleveland-Cliffs	United States	16.40	17.27	16.3	3.6
24	CITIC Limited	China	16.15	14.17	14.0	14.1	13.6	12.3	8.8	8.4	7.6	7.9	7.7	-	-	-	-	-	-	-
25	Tsingshan Stainless Steel	China	16.00	16.28	12.4	10.8	11.4	9.3	-	-	-	-	-	-	-	-	-	-	-	-
26	Baotou Steel	China	14.99	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^[16]	10.1^[16]	8.8	9.8
27	Jinan Steel	China	14.30	15.27
28	Techint	Argentina	14.29	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
29	U.S. Steel	United States	14.18	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
30	Novolipetsk Steel	Russia	13.60	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	-
31	Hebei Sinogiant Group [Wikidata]	China	13.04	13.63	14.3	14.2	10.3
32	Guangxi Shenglong Metallurgical [Wikidata]	China	12.79	13.12	12.2	12.1	7.6
33	Gerdau	Brazil	12.78	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	12.65	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	Zenith Steel Group [Wikidata]	China	12.61	11.92	12.8	12.8	10.9	8.7	10.4	9.2	9.1	9	8.5	7.6	7	-	-	-	-	-
36	Anyang Steel [zh]	China	12.50	12.34	9.5	11.2	10.5	11	10	10.5	10.7	10.9	10.3	7.7	9.4	10.0^[16]	8.5^[16]	9.0^[17]
37	Sanming Steel [nl]	China	11.41	11.24	11.4	11.4	12.4	11.7	11.2	10.4	9.6	9.2	8.2	7	5.7	-	-	-	-	-
38	Nanjing Iron and Steel Company	China	11.35	11	11.6	11.6	11	10	9.9	9	8.6	8	6.1	7.2	-	-	-	-	-	-
39	Magnitogorsk Iron and Steel Works	Russia	11.20	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
40	Shaanxi Steel [nl]	China	11.02	11.86	12.4	13.2	12.5	11.4	10.2	7.3	7.5	7.9	8	6.7	5.2	-	-	-	-	-
41	Severstal	Russia	10.38	11.27	11.7	11.3	11.9	12	11.7	11.5	14.2	15.7	15.1	15.3	14.7^[16]	16.7	19.2	17.3	-	-
42	ThyssenKrupp	Germany	10.26	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^[16]	11	15.9	17
43	Steel Dynamics	United States	10.20	10.32	12.2^[18]	11.2^[19]
44	Mobarakeh Steel	Iran	10.19	10.33	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
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

List of steel producers

Top producers by volume

Other steel producers

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

Notes

References

Related Articles