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Steel giants: the 50 largest steel producing companies


Published: - 07/06/2017 Author: Simonati, Programming office
Steel giants: the 50 largest steel producing companies

Despite the nearly two million tons of production losses, ArcelorMittal was 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, and HBIS Group (formerly Hebei). China is still dominating the steel market: 26 out of the top 50 manufacturers are Chinese. Indian steel mills rose sharply with JSW Steel Limited and Essar Steel Group earning respectively nine and thirteen positions over the previous year. The first European company in the list is the Germany-based thyssenkrupp, ranked 15th.

COMPANYOUTPUT 2016OUTPUT 2015RANKING 2016VARIATION
2015
ArcelorMittal95.45 97.131 =
China Baowu Group63.81ND2 ND
HBIS Group46.18 47.743 -1
NSSMC Group46.16 46.374 -1
POSCO41.56 41.975 -1
Shagang Group33.25 34.216 =
Ansteel Group33.19 32.507 =
JFE Steel Corporation30.29 29.828 =
Shougang Group26.80 28.559 =
Tata Steel Group24.49 26.3110 =
Shandong Steel Group23.02 21.6911 +1
Nucor Corporation21.95 19.6212 +2
Hyundai Steel Company20.09 20.4813 =
Maanshan Steel18.63 18.8214 +1
thyssenkrupp17.24 17.3315 +1
NLMK16.64 16.0416 +3
Jianlong Group16.45 15.1417 +3
Gerdau15.95 17.0318 -1
China Steel Corporation15.52 14.8219 +4
Valin Group15.48 14.8720 +2
JSW Steel Limited14.91 12.4221 +9
Benxi Steel14.40 14.9922 -1
SAIL14.38 14.3323 +3
U.S. Steel Corporation14.22 14.5224 =
IMIDRO14.02 14.1025 +2
Rizhao Steel13.86 13.9926 +2
Fangda Steel13.68 13.2127 +2
EVRAZ13.53 14.3528 -3
MMK12.54 12.2329 -2
Baotou Steel12.30 11.8630 +2
Severstal11.63 11.4531 +2
Liuzhou Steel11.05 10.8232 +3
Jinxi Steel11.05 9.7633 +6
Jingye Steel11.01 11.3134 =
Anyang Steel10.48 10.7435 +1
Sanming Steel10.39 9.5736 +5
Metinvest Holding10.34 9.6537 +3
Taiyuan Steel10.28 10.2538 =
Zongheng Steel10.23 10.3839 -2
Zenith Steel9.24 9.0840 +2
Erdemir Group9.18 8.9341 +2
Nanjing Steel9.01 8.5942 +3
Xinyu Steel8.57 8.6443 +1
CITIC Pacific Special Steel8.40 7.6144 +6
SSAB7.99 7.5945 +6
Techint Group7.98 8.4046 =
voestalpine Group7.47 7.7647 +1
Essar Steel Group7.45 5.6548 +13
Shaanxi Steel7.30 7.4649 +3
Kobe Steel, Ltd.7.26 7.3850 +3

For worldsteel members, the data was sourced from the official tonnage declaration. For Chinese companies, the official CISA tonnage publication was used.

Click here to check out the complete list of the top steelmakers in 2016 >>

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.

Further information available on the association's website >>>


Picture: worldsteel / Seong Joon Cho

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