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In 2023, total world crude steel production was nearly 1.9 billion tons . The biggest steel producing country is currently China, which accounted for 54% of world steel production in 2023. [1] In 2020, despite the COVID-19 pandemic, China became the first country to produce over one billion tons of steel. [2]
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.
World Steel Association, abbreviated as worldsteel, is the international industry association for the iron and steel sector. The association is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes.
With U.S. Steel, Nippon Steel aims to raise its global steel production capacity to 85 million metric tons per year from 65 million tons now and the asset is core to its goal of lifting production ...
As of at least 2024, the Chinese steel industry is highly fragmented, with a large number of companies. [1]: 101 In December 2024, Chinese researchers developed an iron-making technology that speeds up steel production, according to a published paper in the peer-reviewed journal Nonferrous Metals. The method injects iron ore powder into a super ...
World iron ore production (thousands of tonnes) in 2013/2015: ... List of countries by steel production; ... This page was last edited on 4 December 2024, at 17:24 (UTC).
ArcelorMittal is the second largest steel producer in the world, with an annual crude steel production of 78 million metric tonnes as of 2022. [5] It is ranked 197th in the 2022 Fortune Global 500 ranking of the world's largest corporations. It employs around 154,000 people [6] and its market capital is $20 billion. [7]
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