Below is a ranking of the 50 top steel-producing companies. This list is updated in early June every year.
An extended listing of top steel producers in 2023/2022 is available in the PDF under the table.
Tonnage is expressed in million tonnes (Mt).
(e) estimated; (r) time series revised; N/R not ranked
Notes:
(1) Including Xinyu Steel tonnage since 2022. Excluding Kunming Steel tonnage since 2023.
(2) Includes 60% AM/NS India (former Essar Steel)
(3) Including Benxi Steel tonnage since 2021
(4) Includes NIPPON STEEL Stainless Steel Corporation, Sanyo Special Steel and Ovako, 40% AM/NS India and 31.4% USIMINAS
(5) Including Eastern Steel tonnage since 2020
(6) Including Dexin Steel tonnage since 2020
(7) Former Valin Group
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 2023.