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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
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Other steel producers
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Steel producers merged with other companies, split into other companies or no longer operational
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Notes
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Tata steel wikipedia
References
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Supplementary notes
* China Baowu Group includes tonnage of Xinyu Steell
**ArcelorMittal includes 60% AM/NS India (former Essar Steel)
***Ansteel Group includes tonnage of Benxi Steel
****Nippon Steel: tonnage includes Nippon Steel Stainless Steel Corporation, Sanyo Special Steel, Ovako, 40% AM/NS India and 31.4% USIMINAS.
***** Hunan Steel is the former Valin Group
The source adds the following information: "The data was sourced from their official tonnage declarations. For Chinese companies, the official CISA tonnage publication was used, unless especially noted. In case of more than 50% ownership, 100% of the subsidiary’s tonnage is included, unless specified otherwise. In cases of 30%-50% ownership, pro-rata tonnage is included. Unless otherwise specified in the declaration, less than 30% ownership is considered a
minority and therefore, not included. Figures represent ownership ending 31 December 2022."
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