Steel giants: the 50 largest steel producing companies
2017-07-25
Despite the nearly two million tons of production losses, ArcelorMittalwas still the world's largest steel producer in 2016.
According to the latest World Steel Association data, the Luxembourgish steel giant remains on top of the ranking, followed by two Chinese groups:China Baowu Group, the result of a merger between Baosteel Group and Wuhan Group, andHBIS Group(formerly Hebei). China is still dominating the steel market: 26 out of the top 50 manufacturers are Chinese. Indian steel mills rose sharply withJSW Steel Limited and Essar Steel Groupearning respectively nine and thirteen positions over the previous year. The first European company in the list is the Germany-based thyssenkrupp, ranked 15th.
COMPANY
OUTPUT 2016
OUTPUT 2015
RANKING 2016
VARIATION 2015
ArcelorMittal
95.45
97.13
1
=
China Baowu Group
63.81
ND
2
ND
HBIS Group
46.18
47.74
3
-1
NSSMC Group
46.16
46.37
4
-1
POSCO
41.56
41.97
5
-1
Shagang Group
33.25
34.21
6
=
Ansteel Group
33.19
32.50
7
=
JFE Steel Corporation
30.29
29.82
8
=
Shougang Group
26.80
28.55
9
=
Tata Steel Group
24.49
26.31
10
=
Shandong Steel Group
23.02
21.69
11
+1
Nucor Corporation
21.95
19.62
12
+2
Hyundai Steel Company
20.09
20.48
13
=
Maanshan Steel
18.63
18.82
14
+1
thyssenkrupp
17.24
17.33
15
+1
NLMK
16.64
16.04
16
+3
Jianlong Group
16.45
15.14
17
+3
Gerdau
15.95
17.03
18
-1
China Steel Corporation
15.52
14.82
19
+4
Valin Group
15.48
14.87
20
+2
JSW Steel Limited
14.91
12.42
21
+9
Benxi Steel
14.40
14.99
22
-1
SAIL
14.38
14.33
23
+3
U.S. Steel Corporation
14.22
14.52
24
=
IMIDRO
14.02
14.10
25
+2
Rizhao Steel
13.86
13.99
26
+2
Fangda Steel
13.68
13.21
27
+2
EVRAZ
13.53
14.35
28
-3
MMK
12.54
12.23
29
-2
Baotou Steel
12.30
11.86
30
+2
Severstal
11.63
11.45
31
+2
Liuzhou Steel
11.05
10.82
32
+3
Jinxi Steel
11.05
9.76
33
+6
Jingye Steel
11.01
11.31
34
=
Anyang Steel
10.48
10.74
35
+1
Sanming Steel
10.39
9.57
36
+5
Metinvest Holding
10.34
9.65
37
+3
Taiyuan Steel
10.28
10.25
38
=
Zongheng Steel
10.23
10.38
39
-2
Zenith Steel
9.24
9.08
40
+2
Erdemir Group
9.18
8.93
41
+2
Nanjing Steel
9.01
8.59
42
+3
Xinyu Steel
8.57
8.64
43
+1
CITIC Pacific Special Steel
8.40
7.61
44
+6
SSAB
7.99
7.59
45
+6
Techint Group
7.98
8.40
46
=
voestalpine Group
7.47
7.76
47
+1
Essar Steel Group
7.45
5.65
48
+13
Shaanxi Steel
7.30
7.46
49
+3
Kobe Steel, Ltd.
7.26
7.38
50
+3
For worldsteel members, the data was sourced from the official tonnage declaration. For Chinese companies, the official CISA tonnage publication was used.
As for the major steel producing countries, we find China by far at the first place with 808.4 million tonnes of raw steel produced in 2016 (4.6 million tonnes more than in 2015), followed by Japan (104.8), India (95.6), United States (78.5) and Russia (70.8). Germany is ranked 7th with 42.1 million tonnes.
It is also noticeable that almost half of the 1629.6 million tonnes of raw steel produced in 2016 by the top 50 countries comes from China.
