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Top steel producing companies. 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.
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]
Outokumpu Oyj is a group of international companies headquartered in Helsinki, Finland, with 10,600 employees in more than 30 countries.Outokumpu is the largest producer of stainless steel in Europe and the second largest producer in the Americas.
POSCO (formerly Pohang Iron and Steel Company) is a South Korean steel manufacturer headquartered in Pohang, South Korea.It had an output of 42,000,000 metric tons (41,000,000 long tons; 46,000,000 short tons) of crude steel in 2015, making it the world's sixth-largest steelmaker by this measure. [2]
Jindal Stainless Limited is an Indian stainless steel maker headquartered in New Delhi. It is a part of OP Jindal group. The firm has a melt capacity of 2.9 million tonnes per annum which makes it the largest stainless steel producer of India. Incorporated in 1970, it ranks among the top 5 stainless steel makers of the world. [6] [4] [5] [7]
The deal moved U. S. Steel from the 11th largest steel producer in the world to the fifth at that time. U.S. Steel becomes a takeover target. U.S. Steel, however, eventually became the target of ...
For many years, the Gary Works was the world's largest steel mill, and it remains the largest integrated mill in North America. [1] It is operated by U.S. Steel . The Gary Works includes both steelmaking and finishing facilities as an integrated mill, and has an annual capacity of 8.2 million tons. [ 2 ]
The company says that it is one of the largest steel producers in the world, and it was ranked tenth-largest worldwide by revenue in 2015. [6] It is divided into 670 subsidiaries worldwide. The largest shareholders are the Alfried Krupp von Bohlen und Halbach Foundation and Cevian Capital . [ 7 ]
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