Top Steel Producing Countries In The World

List of top countries by steel production

Top Steel Producing Countries In The World are China, Europe, Japan, India, United States, Russia, South Korea, Germany, Turkey, Brazil, Ukraine, Italy, Mexico, Iran, France, Spain, Canada, Poland, Belgium, United Kingdom, Austria, Netherlands, South Africa, Saudi Arabia, Czech Republic, Australia, Vietnam, Egypt, Indonesia, Slovakia, Sweden, Kazakhstan, Argentina, Finland, Thailand, Malaysia, Pakistan, Romania, United Arab Emirates, Qatar, Luxembourg, Belarus, Portugal.

This is a list of the largest steel-producing companies in the world:

by Hrihaan
  • ArcelorMittal, Luxembourg
  • China Baowu Steel Group, China
  • Hesteel Group, China
  • Nippon Steel & Sumitomo Metal, Japan
  • POSCO, South, Korea
  • Jiangsu Shagang, China
  • Ansteel Group, China
  • JFE, Japan
  • Shougang, China
  • Tata Steel, India
  • Shandong Iron and Steel Group, China
  • Nucor Corporation, United States
  • Hyundai Steel, South Korea
  • Maanshan Iron and Steel Company, China
  • ThyssenKrupp, Germany
  • Novolipetsk Steel, Russia
  • Jianlong Steel, China
  • Gerdau, Brazil
  • China Steel, Taiwan
  • Valin Steel Group, China
  • JSW Steel Ltd, India
  • Benxi Steel Group, China
  • Steel Authority of India Limited, India
  • United States Steel Corporation ,United States
  • IMIDRO, Iran
  • Evraz, Russia
  • Magnitogorsk Iron and Steel Works, Russia
  • Baotou Steel, China
  • Severstal, Russia
  • Metinvest, Ukraine
  • Taiyuan Iron and Steel Group, China
  • Acerinox, Spain
  • Aisha Steel Mills, Pakistan
Aichi Steel Corporation, Japan AK Steel, formerly Armco, United States Allegheny Technologies, United States Altos Hornos de México, Mexico Angang Steel Company Limited, China Aperam, Luxembourg Arrium, Australia BlueScope Steel, Australia British Steel Ltd, United Kingdom BSRM, Bangladesh Byelorussian Steel Works, Belarus Carpenter Technology Corporation, United States Celsa Group, Spain CITIC Limited, China Commercial Metals Company, United States Companhia Siderúrgica Nacional, Brazil Crucible Industries, United States Dongkuk Steel, South Korea Erdemir, Turkey Essar Steel, India EZDK, Egypt ILVA, Italy Hadeed, Saudi Arabia Illich Steel and Iron Works, Ukraine ISD Corporation, Ukraine Ittefaq Group, Pakistan Japan Steel Works, Japan Jindal Steel and Power, India Jiuquan Steel Kobe Steel, Japan Libyan Iron and Steel Company, Libya Mahindra Ugine Steel, India Marcegaglia, Italy Mechel, Russia Metalloinvest, Russia Metinvest, Ukraine Mitsui & Co., Japan MMX Mineração, Brazil Nanjing Iron and Steel Company Nisshin Steel, Japan Olympic Steel, United States Outokumpu, Finland Pakistan Steel Mills, Pakistan Panzhihua Iron and Steel, China Qatar Steel, Qatar Rautaruukki, Finland Reliance Steel & Aluminum Co., United States Sahaviriya Steel Industries, Thailand Salzgitter AG, Germany Schnitzer Steel Industries, United States Sheffield Forgemasters, United Kingdom SIDERPERU, Peru Sidetur, Venezuela SSAB, Sweden Steel Dynamics, United States Tangshan Guofeng Iron and Steel, China Techint, Italy Ternium - Hylsa and Imsa in Mexico, Siderar in Argentina Tuwairqi Steel Mills, Pakistan Usiminas, Brazil Vallourec, France Vizag Steel, India Voestalpine, Austria Votorantim Siderurgia, Brazil Xinyu Iron and Steel, China Zenith Iron and Steel

Top Stainless Steel Exporters by Country

United Kingdom, Sweden, United States, Italy, Austria, Spain, Germany, France, Belgium, Indonesia, Taiwan, India, Poland, Malaysia, Norway. Steel emerged as an alternative to standard traditional iron, due to its flexibility, durability, and malleability. Production of steel was a complex and expensive undertaking before the invention of the Bessemer process. The Bessemer process named after its inventor, a Briton named Sir Henry Bessemer, who proposed the use of strong blasts of air to pass through pig iron when molten to reduce its carbon element and subsequently produce steel. Several inventions and technological advancements later and production of steel are now a massive global industry. The making of steel in contemporary age begins with the mining of iron ore which is then smelted in blast furnaces to facilitate the removal of impurities and carbon. There are many grades and types of steel available in the market today classified broadly into Stainless Steel, Alloy Steel, Tool Steel, and Carbon Steel. China is home to the largest steel producing companies which are mostly state-owned such as, Hebei Iron and Steel Group, Angang Steel Company, Baosteel, Wuhan Iron and Steel Corp, and Jiangsu Shagang Company. The rapid development of China’s economy has also made it the top user country’s steel. Large scale production makes China’s steel cheaper and extremely competitive in the global market. Many countries have attempted to impose an import tax on steel imports from China in a bid to encourage consumption of locally made steel.

India’s stainless steel production

India overtook Japan to become the second-largest steel producer in the world. India’s stainless steel production rose to 3.32 million tons for 2016 showing an impressive growth of about 9% over 3.0 million tons achieved in 2015. Several government initiatives like ‘Make in India’, smart cities, focus on improving sanitation & waste management facilities, building new infrastructure are is likely to give a strong push to the stainless-steel industry in future. Increase in exports of stainless steel from India to the world market especially Europe and Americas has established Indian producers capable of producing quality material from their latest state of the art mills meeting stringent quality parameters. India is investing massively in infrastructure and could be a key driver of global steel production over the next decade. However, the country still has a long way to go to challenge China.