Lackawanna Steel Company : A neighborhood Mill

This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association. This list ranks steelmakers by volume of steel production in millions of tonnes and includes all steelmakers with production over 10 million in 2021.

The World Steel Association compiles a list from its members every year. Note that due to mergers, year-to-year figures for some producers are not comparable. Also note that not all steel is the same; some steel is more valuable than other steel, so volume is not the same as turnover.

Top producers by volume

In millions of tonnes (Tg)
Ranking
(2020)
Company Country 2021[1] 2020[2] 2019[3] 2018[4] 2017[5] 2016[6] 2015[7] 2014[8] 2013[9] 2012[10] 2011[11] 2010[11] 2009[11] 2008[11] 2007[11]
1 China Baowu Steel Group  China 120.0 115.3 95.5 67.4 65.4 63.8 60.7 76.4 83.2 79.2 81 - - - -
2 ArcelorMittal  Luxembourg 79.3 78.5 97.1 96.4 97 95.5 97.1 98.1 96.1 93.6 97.2 98.2 77.5 103.3 116.4
3 Ansteel Group  China 55.65 38.2 39.2 36.4 35.8 33.2 32.5 34.3 33.7 30.2 29.8 22.1 20.1 16 16.2
4 Nippon Steel  Japan 49.46 41.6 51.7 49.2 47.4 46.2 46.3 49.3 50.1 47.9 33.4[12] 35.0[12] 26.5[12] 37.5[12] 35.7[12]
5 Jiangsu Shagang  China 44.23 41.6 41.1 40.7 38.4 33.3 34.2 35.3 35.1 32.3 31.9 30.1[13] 26.4[13] 23.3 22.9
6 POSCO  South Korea 43.0 40.6 43.1 42.9 42.2 41.6 42 41.4 38.4 39.9 39.1 35.4 31.1 34.7 31.1
7 Hesteel Group  China 41.64 43.8 46.6 46.8 45.6 46.2 47.7 47.1 45.8 42.8 44.4 52.9[13] 40.2[14] 33.3 31.1
8 Jianlong Steel  China 36.71 36.5 31.2 27.9 20.3 16.5 15.1 15.2 14.3 13.8 12.4 8.8[13] 8.4[13] 6.5 7.8
9 Shougang  China 35.43 34.0 29.3 27.4 27.6 26.8 28.6 30.8 31.5 31.4 30 25.8[13] 17.3[13] 12.2 12.9
10 Tata Steel  India 30.6 28.1 30.2 27.3 25.1 24.5 26.3 26.2 25.3 23 23.8 23.5[13] 21.9[13] 24.4 26.5
11 Shandong Iron and Steel Group  China 28.25 31.1 27.6 23 21.7 23 21.7 23.3 22.8 23 24 23.2[13] 26.4[14] 21.8[15] 23.8
12 Delong Steel [Wikidata]  China 27.8 28.3 26.8 3.2 2.6 3.2
13 JFE  Japan 26.9 24.4 27.4 29.2 30.2 30.3 29.8 31.4 31.2 30.4 29.9 31.1 25.8 33 34
14 Valin Steel Group  China 26.2 26.8 24.3 23 20.2 15.5 14.9 15.4 15 14.1 15.9 15.1[13] 11.8[14] 11.3[14] 11.1
15 Nucor Corporation  United States 25.7 22.7 23.1 25.5 24.4 22 19.6 21.4 20.2 20.1 19.9 18.3 14 20.4 20
16 Fangda Steel [zh]  China 20.2 19.6 15.7 15.5 15.1 13.7 13.2 13.6 13.2 3.3 2.6 - - - -
17 Hyundai Steel  South Korea 19.6 19.8 21.6 21.9 21.2 20.1 20.5 20.6 17.2 17.1 16.3 12.9 8.4 9.9 10
18 Liuzhou Iron and Steel [zh][16]  China 18.8 16.9 14.4 13.5 12.3 11.1 10.8 11.4 - - - - - - -
19 JSW Steel  India 18.6 14.9 16.3 16.8 16.1 14.9 12.4 12.7 11.8 8.5 7 6.4 5.5 6.3 8.2
20 Steel Authority of India Limited  India 17.3 15.0 16.2 16.3 14.8 14.4 14.3 13.6 13.5 13.5 13.5 13.6 13.5 13.7 13.9
21 Novolipetsk Steel  Russia 17.3 15.8 15.6 17.4 17.1 16.6 16 16.1 15.5 14.9 12.1 11.9 10.9 11.3 9.7
22 IMIDRO  Iran 16.7 18.9 16.8 16.8 15.6 14 14.1 14.4 14.3 13.6 12.6 11.4 10.6 10 10.1
23 Baotou Steel  China 16.5 15.6 15.5 15.3 14.2 12.3 11.9 10.7 10.7 10.2 10.2 10.1[13] 10.1[13] 8.8 9.8
24 United States Steel Corporation  United States 16.3 11.6 13.9 15.4 14.4 14.2 14.5 19.7 20.4 21.4 22 22.3 15.2 23.2 21.5
25 Cleveland-Cliffs  United States 16.3 3.6
26 China Steel  Taiwan 16.0 14.1 15.2 15.9 15.3 15.5 14.8 15.4 14.3 12.7 14 12.7 8.9 11 10.9
27 Jingye Steel [Wikidata]  China 15.4 16.3 12.6 11.3 10.4 11 11.3 10.5 9.7 7.3 5.8 - - - -
28 Techint  Argentina 14.9 12.6 14.4 15.4 11.8 8 8.4 9.4 9 8.7 9.5 8.8 6.9 10.4 13.1
29 Hebei Sinogiant Group [Wikidata]  China 14.3 14.2 10.3
30 Gerdau  Brazil 14.2 13.0 13.1 15.8 16.5 16 17 19 19 19.8 20.5 21.6 14.2 20.4 18.6
31 CITIC Limited  China 14.0 14.1 13.6 12.3 8.8 8.4 7.6 7.9 7.7 - - - - - -
32 Magnitogorsk Iron and Steel Works  Russia 13.6 11.6 12.5 12.7 12.9 12.5 12.2 13 11.9 13 12.2 11.4 9.6 12 13.3
33 Rizhao Steel [zh]  China 13.6 14.4 14.2 15 15 13.9 14 11.4 12.7 13.2 11.2 9.8[13] 9.9[13] 7.5 6.2
34 Evraz  Russia 13.6 13.6 13.8 13 14 13.5 14.4 15.5 16.1 15.9 16.8 16.3 15.3 17.7 16.2
35 Zenith Steel Group [Wikidata]  China 12.8 12.8 10.9 8.7 10.4 9.2 9.1 9 8.5 7.6 7 - - - -
36 Shaanxi Iron and Steel  China 12.4 13.2 12.5 11.4 10.2 7.3 7.5 7.9 8 6.7 5.2 - - - -
37 Tsingshan Stainless Steel  China 12.4 10.8 11.4 9.3 - - - - - - - - - - -
38 Guangxi Shenglong Metallurgical [Wikidata]  China 12.2 12.1 7.6
39 ThyssenKrupp  Germany 12.0 10.7 12.3 12.6 13.2 17.2 17.3 17.2 15.9 15.1 17.9 16.7[13] 11 15.9 17
40 Severstal  Russia 11.7 11.3 11.9 12 11.7 11.5 14.2 15.7 15.1 15.3 14.7[13] 16.7 19.2 17.3 -
41 Nanjing Iron and Steel Company  China 11.6 11.6 11 10 9.9 9 8.6 8 6.1 7.2 - - - - -
42 Metinvest  Ukraine 11.5 10.2 9.6 9.4 9.6 10.3
43 Sanming Iron and Steel  China 11.4 11.4 12.4 11.7 11.2 10.4 9.6 9.2 8.2 7 5.7 - - - -
44 Hebei Donghai Special Steel [Wikidata]  China 10.4 10.8 8.9
45 Xinyu Iron and Steel [zh]  China 10.1 9.9
World total - 1,952 1,878 1,869 1,814 1,733 1,629 1,621 1,671 1,607 1,548 1,490 1,413 1,219 1,329 1,348

Other top steel producers by volume

Steel producers merged with other companies, split or no longer operating

References