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WSA: Top Steel-producing Companies 2022/2021

https://en.steelhome.com [SteelHome] 2023-06-08 10:15:20

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Below is a ranking of the 50 top steel-producing companies. This list is updated in early June every year.

Tonnage is expressed in million tonnes (Mt).

 

Mt

Ranking

 

Headquarters

2022

2021

2022

2021

China Baowu Group (1)

China

131.84

130.56

1

1

ArcelorMittal (2)

Luxembourg

68.89

79.26

2

2

Ansteel Group (3)

China

55.65

55.65

3

3

Nippon Steel Corporation (4)

Japan

44.37

49.46

4

4

Shagang Group

China

41.45

44.23

5

5

HBIS Group

China

41

41.64

6

7

POSCO Holdings

South Korea

38.64

42.96

7

6

Jianlong Group

China

36.56

36.71

8

8

Shougang Group

China

33.82

35.43

9

9

Tata Steel

India

30.18

30.59

10

10

Shandong Steel Group

China

29.42

28.25

11

11

Delong Steel

China

27.9

27.82

12

12

Hunan Steel Group (5)

China

26.43

26.21

13

14

JFE Steel Corporation

Japan

26.2

26.85

14

13

JSW Steel Limited

India

23.38

18.59

15

19

Nucor Corporation

United States

20.6

(r) 23.13

16

15

Fangda Steel

China

19.7

19.98

17

16

Hyundai Steel

South Korea

18.77

19.64

18

17

Liuzhou Steel

China

18.21

18.83

19

18

IMIDRO (6)

Iran

(e) 18.00

(e) 16.70

20

23

Steel Authority of India Ltd. (SAIL)

India

17.93

17.33

21

21

Cleveland-Cliffs

United States

16.8

18.3

22

20

Novolipetsk Steel (NLMK)

Russia

(e) 16.00

17.29

23

22

Rizhao Steel

China

15.63

13.57

24

33

CITIC Pacific

China

15.03

13.97

25

31

Techint Group

Argentina

14.86

14.91

26

28

United States Steel Corporation

United States

14.49

16.3

27

25

Shenglong Metallurgical

China

14.21

12.16

28

38

Baotou Steel

China

14.18

16.45

29

24

Jingye Group

China

13.97

15.38

30

27

China Steel Corporation

Taiwan, China

13.96

15.95

31

26

Sinogiant Group

China

13.95

14.34

32

29

Tsingshan Holding

China

13.92

12.37

33

37

Gerdau S.A.

Brazil

13.9

14.2

34

30

EVRAZ

Russia

(e) 12.50

13.57

35

34

Zenith Steel

China

12.23

12.76

36

35

Shaanxi Steel

China

12.17

12.39

37

36

Magnitogorsk Iron & Steel Works (MMK)

Russia

11.69

13.59

38

32

Anyang Steel

China

11.18

9.5

39

46

Sanming Steel

China

11.03

11.4

40

42

Nanjing Steel

China

11

11.58

41

40

Severstal

Russia

10.69

11.65

42

39

thyssenkrupp

Germany

9.93

11.04

43

43

Steel Dynamics, Inc.

United States

9.73

8.93

44

48

Donghai Special Steel

China

9.65

10.42

45

44

Jiuquan Steel

China

9.01

8.75

46

49

Jindal Steel and Power Ltd (JSPL)

India

8.01

7.98

47

52

Erdemir Group

Türkiye

7.79

9.02

48

47

Jinxi Steel

China

7.43

7.46

49

57

voestalpine Group

Austria

7.42

7.86

50

53

 (e) estimate; (r) revised

Notes:
(1) Includes tonnage of Xinyu Steel
(2) Includes 60% AM/NS India (former Essar Steel)
(3) Includes tonnage of Benxi Steel
(4) Includes Nippon Steel Stainless Steel Corporation, Sanyo Special Steel, Ovako, 40% AM/NS India and 31.4% USIMINAS
(5) Former Valin Group
(6) Estimated combined tonnage of Mobarakeh Steel, Esfahan Steel, Khuzestan Steel and NISCO

Notes on company ownership and tonnage calculations:
For worldsteel members, the data was sourced from their official tonnage declarations. For Chinese companies, the official CISA tonnage publication was used, unless especially noted. In case of more than 50% ownership, 100% of the subsidiary’s tonnage is included, unless specified otherwise. In cases of 30%-50% ownership, pro-rata tonnage is included. Unless otherwise specified in the declaration, less than 30% ownership is considered a minority and therefore, not included. Figures represent ownership ending 31 December 2022.

Source from World Steel Association

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