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.
Top producers by volume
Other steel producers
- Acerinox, Spain
- Aichi Steel Corporation, Japan
- Aisha Steel Mills, Pakistan
- Algoma Steel, Canada
- Allegheny Technologies, United States
- Acerias Paz del Rio, Colombia
- Altos Hornos y Acerías de Corral, Chile
- Angang Steel Company Limited, China
- Anyang Steel, China[4]
Steel producers merged with other companies, split into other companies or no longer operational
- AK Steel (bought by Cleveland-Cliffs)
- Algoma Steel (assets bought by Essar Steel in April 2007)
- Altos Hornos de México, (defunct in 2024)
- Arbed (merged in 2002 forming Arcelor)
- Arcelor (merged with Mittal forming ArcelorMittal)
- Baosteel Group (merged with Wuhan Group forming China Baowu Steel Group)
- Benxi Steel Group (merged with Ansteel Group)
- Bethlehem Steel (assets bought by ISG in 2003. ISG merged with Mittal, now ArcelorMittal)
References
- 2024 Top steel-producing companies World Steel Association^
- 2023 Top steel-producing companies World Steel Association^
- 2022 Top steel-producing companies World Steel Association^