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.

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, 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

In millions of tonnes (Tg)
Ranking
(2022)
Company Country 2022[1] 2021[2] 2020[3] 2019[4] 2018[5] 2017[6] 2016[7] 2015[8] 2014[9] 2013[10] 2012[11] 2011[12] 2010[12] 2009[12] 2008[12] 2007[12]
1China Baowu Steel Group China 131.84 120.0 115.395.567.465.463.860.776.483.279.281----
2ArcelorMittal Luxembourg 68.89 79.3 78.597.196.49795.597.198.196.193.697.298.277.5103.3116.4
3Ansteel Group China 55.65 55.65 38.239.236.435.833.232.534.333.730.229.822.120.11616.2
4Nippon Steel Japan 44.37 49.46 41.651.749.247.446.246.349.350.147.933.4[13]35.0[13]26.5[13]37.5[13]35.7[13]
5Jiangsu Shagang China 41.45 44.23 41.641.140.738.433.334.235.335.132.331.930.1[14]26.4[14]23.322.9
6Hesteel Group China 41 41.64 43.846.646.845.646.247.747.145.842.844.452.9[14]40.2[15]33.331.1
7POSCO South Korea 38.64 43.0 40.643.142.942.241.64241.438.439.939.135.431.134.731.1
8Jianlong Steel China 36.56 36.71 36.531.227.920.316.515.115.214.313.812.48.8[14]8.4[14]6.57.8
9Shougang China 33.82 35.43 34.029.327.427.626.828.630.831.531.43025.8[14]17.3[14]12.212.9
10Tata Steel India 30.18 30.6 28.130.227.325.124.526.326.225.32323.823.5[14]21.9[14]24.426.5
11Shandong Iron and Steel Group China 29.42 28.25 31.127.62321.72321.723.322.8232423.2[14]26.4[15]21.8[16]23.8
12 Delong Steel  China 27.90 27.8 28.3 26.8 3.2 2.6 3.2
13JFE Japan 26.20 26.9 24.427.429.230.230.329.831.431.230.429.931.125.83334
14Valin Steel Group China 26.2 26.824.32320.215.514.915.41514.115.915.1[14]11.8[15]11.3[15]11.1
15JSW Steel India 23.38 18.6 14.916.316.816.114.912.412.711.88.576.45.56.38.2
16Nucor Corporation United States 25.7 22.723.125.524.42219.621.420.220.119.918.31420.420
17Fangda Steel China 20.2 19.615.715.515.113.713.213.613.23.32.6----
18Hyundai Steel South Korea 19.6 19.821.621.921.220.120.520.617.217.116.312.98.49.910
19Liuzhou Iron and Steel[17] China 18.8 16.914.413.512.311.110.811.4-------
20Steel Authority of India Limited India 17.93 17.3 15.016.216.314.814.414.313.613.513.513.513.613.513.713.9
21Novolipetsk Steel Russia 17.3 15.815.617.417.116.61616.115.514.912.111.910.911.39.7
22IMIDRO Iran 16.7 18.916.816.815.61414.114.414.313.612.611.410.61010.1
23Baotou Steel China 16.5 15.615.515.314.212.311.910.710.710.210.210.1[14]10.1[14]8.89.8
24United States Steel Corporation United States 16.3 11.613.915.414.414.214.519.720.421.42222.315.223.221.5
25 Cleveland-Cliffs  United States 16.3 3.6
26China Steel Taiwan 16.0 14.115.215.915.315.514.815.414.312.71412.78.91110.9
27Jingye Steel China 15.4 16.312.611.310.41111.310.59.77.35.8----
28Techint Argentina 14.9 12.614.415.411.888.49.498.79.58.86.910.413.1
29 Hebei Sinogiant Group  China 14.3 14.2 10.3
30Gerdau Brazil 14.2 13.013.115.816.51617191919.820.521.614.220.418.6
31CITIC Limited China 14.0 14.113.612.38.88.47.67.97.7------
32Magnitogorsk Iron and Steel Works Russia 13.6 11.612.512.712.912.512.21311.91312.211.49.61213.3
33Rizhao Steel China 13.6 14.414.2151513.91411.412.713.211.29.8[14]9.9[14]7.56.2
34Evraz Russia 13.6 13.613.8131413.514.415.516.115.916.816.315.317.716.2
35Zenith Steel Group China 12.8 12.810.98.710.49.29.198.57.67----
36Shaanxi Iron and Steel China 12.4 13.212.511.410.27.37.57.986.75.2----
37Tsingshan Stainless Steel China 12.4 10.811.49.3-----------
38 Steel Dynamics  United States 12.2[18] 11.2[19]
39 Guangxi Shenglong Metallurgical  China 12.2 12.1 7.6
40ThyssenKrupp Germany 12.0 10.712.312.613.217.217.317.215.915.117.916.7[14]1115.917
41Severstal Russia 11.7 11.311.91211.711.514.215.715.115.314.7[14]16.719.217.3-
42Nanjing Iron and Steel Company China 11.6 11.611109.998.686.17.2-----
43 Metinvest  Ukraine 11.5 10.2 9.6 9.4 9.6 10.3
44Sanming Iron and Steel China 11.4 11.412.411.711.210.49.69.28.275.7----
45 Hebei Donghai Special Steel  China 10.4 10.8 8.9
46 Xinyu Iron and Steel  China 10.1 9.9
World total- 1,9521,8781,8691,8141,7331,6291,6211,6711,6071,5481,4901,4131,2191,3291,348

Other steel producers by volume

Steel producers merged with other companies, split into other companies or no longer operational

References

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