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In 2008, 2009, 2015 and 2016 output fell in the majority of steel-producing countries as a result of the global recession. In 2010 and 2017, it started to rise again. Crude steel production contracted in all regions in 2019 except in Asia and the Middle East. India is the 2nd leading producer of iron and steel industries. [citation needed]
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.
Graph of US iron and steel production, 1900–2014, data from USGS. The US iron and steel industry has paralleled the industry in other countries in technological developments. In the 1800s, the US switched from charcoal to coke in ore smelting, adopted the Bessemer process, and saw the rise of very large integrated steel mills.
US Steel Corporation workers rally outside the company's headquarters in Pittsburgh, Pennsylvania, supporting the takeover by Japan's Nippon Steel, on September 4, 2024. United States Steel warned ...
"This is about US steel-making and keeping one of the largest steel producers in the United States an American-owned company," he said at a press conference. Shares in US Steel fell more than 5% ...
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 ...
Steel production (in million tons) by country as of 2023. The steel industry is often considered an indicator of economic progress, because of the critical role played by steel in infrastructural and overall economic development. [65] In 1980, there were more than 500,000 U.S. steelworkers. By 2000, the number of steelworkers had fallen to ...
US Steel has agreed to be bought by Nippon Steel, Japan’s largest steelmaker, in a $14.1 billion deal. The deal marks the latest step in a gradual decline for the iconic 122-year old company ...