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 2020/2021 is available from the PDF under the table.
Tonnage is expressed in million tonnes (Mt).
| RANK |
COMPANY |
TONNAGE 2021 |
| 1 |
China Baowu Group (1) |
119.95 |
| 2 |
ArcelorMittal (2) |
79.26 |
| 3 |
Ansteel Group (3) |
55.65 |
| 4 |
Nippon Steel Corporation (4) |
49.46 |
| 5 |
Shagang Group |
44.23 |
| 6 |
POSCO |
42.96 |
| 7 |
HBIS Group |
41.64 |
| 8 |
Jianlong Group |
36.71 |
| 9 |
Shougang Group |
35.43 |
| 10 |
Tata Steel Group |
30.59 |
| 11 |
Shandong Steel Group |
28.25 |
| 12 |
Delong Steel Group |
27.82 |
| 13 |
JFE Steel Corporation |
26.85 |
| 14 |
Valin Group |
26.21 |
| 15 |
Nucor Corporation |
25.65 |
| 16 |
Fangda Steel |
19.98 |
| 17 |
Hyundai Steel |
19.64 |
| 18 |
Liuzhou Steel |
18.83 |
| 19 |
JSW Steel Limited |
18.59 |
| 20 |
Steel Authority of India Ltd. (SAIL) |
17.33 |
| 21 |
Novolipetsk Steel (NLMK) |
17.29 |
| 22 |
IMIDRO (5) |
(e) 16.70 |
| 23 |
Baotou Steel |
16.45 |
| 24 |
United States Steel Corporation (6) |
16.30 |
| 25 |
Cleveland-Cliffs (7) |
(e) 16.30 |
| 26 |
China Steel Corporation |
15.95 |
| 27 |
Jingye Group |
15.38 |
| 28 |
Techint Group |
14.91 |
| 29 |
Sinogiant Group |
14.34 |
| 30 |
Gerdau S.A. |
14.20 |
| 31 |
CITIC Pacific |
13.97 |
| 32 |
Magnitogorsk Iron & Steel Works (MMK) |
13.59 |
| 33 |
Rizhao Steel |
13.57 |
| 34 |
EVRAZ |
13.57 |
| 35 |
Zenith Steel |
12.76 |
| 36 |
Shaanxi Steel |
12.39 |
| 37 |
Tsingshan Holding |
12.37 |
| 38 |
Shenglong Metallurgical |
12.16 |
| 39 |
thyssenkrupp |
(e) 12.00 |
| 40 |
Severstal |
11.65 |
| 41 |
Nanjing Steel |
11.58 |
| 42 |
Metinvest Holding LLC |
11.48 |
| 43 |
Sanming Steel |
11.40 |
| 44 |
Donghai Special Steel |
10.42 |
| 45 |
Xinyu Steel |
10.14 |
| 46 |
Steel Dynamics, Inc. |
9.84 |
| 47 |
Anyang Steel |
9.50 |
| 48 |
Erdemir Group |
9.02 |
| 49 |
Jiuquan Steel |
8.75 |
| 50 |
SSAB |
8.18 |
(e) estimate
Notes:
(1) Includes tonnage of Taiyuan Steel and Kunming 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) Estimated combined tonnage of Mobarrakeh Steel, Esfahan Steel, Khuzestan Steel and NISCO
(6) Includes Big River Steel
(7) Includes AK Steel operations subsequent to 13 March 2020 and former ArcelorMittal USA operations subsequent to 9 December 2020
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 2021.