Top steel-producing companies 2018

This is a ranking of the 50 top steel-producing companies.

An extended listing of top steel producers 2016-2018 is available from the PDF below this table.

This list is updated every year in May/June.

Tonnage is expressed in million tonnes (Mt).

RANK COMPANY TONNAGE 2018
1 ArcelorMittal 96.42
2 China Baowu Group 67.43
3 Nippon Steel Corporation (1) 49.22
4 HBIS Group (2) 46.80
5 POSCO 42.86
6 Shagang Group 40.66
7 Ansteel Group 37.36
8 JFE Steel Corporation 29.15
9 Jianlong Group 27.88
10 Shougang Group 27.34
11 Tata Steel Group (3) 27.27
12 Nucor Corporation 25.49
13 Shandong Steel Group 23.21
14 Valin Group 23.01
15 Hyundai Steel Company 21.88
16 Maanshan Steel 19.64
17 Novolipetsk Steel (NLMK) 17.39
18 JSW Steel Limited 16.83
19 IMIDRO (4) 16.79
20 Steel Authority of India Ltd. (SAIL) 15.93
21 Benxi Steel 15.90
22 China Steel Corporation 15.88
23 Gerdau S.A. 15.80
24 Fangda Steel 15.51
25 Techint Group (5) 15.38
26 United States Steel Corporation 15.37
27 Baotou Steel 15.25
28 Rizhao Steel 14.95
29 Liuzhou Steel 13.53
30 EVRAZ 13.02
31 Magnitogorsk Iron & Steel Works (MMK) 12.66
32 thyssenkrupp 12.58
33 CITIC Pacific 12.55
34 Severstal 12.04
35 Sanming Steel 11.68
36 Shaanxi Steel 11.38
37 Jingye Steel 11.25
38 Anyang Steel 10.97
39 Taiyuan Steel 10.70
40 Jinxi Steel * (also known as China Oriental, partly owned by ArcelorMittal) 10.33
41 Nanjing Steel 10.05
42 Metinvest Holding 9.37
43 Xinyu Steel 9.36
44 Tsingshan Stainless Steel 9.29
45 ERDEMIR Group 9.14
46 Steel Dynamics, Inc. 8.92
47 Zenith Steel 8.70
48 SSAB 8.03
49 Tianjin Steel 7.77
50 Donghai Special Steel 7.61

Notes:

  1. Formerly named Nippon Steel and Sumitomo Metal Corporation (NSSMC). Tonnage includes that of Nippon Steel Nisshin Co. Ltd., Nippon Steel Stainless Steel Corporation, Ovako Group and part of USIMINAS (31.45% voting shares).
  2. Includes tonnage of Serbia Iron & Steel d.o.o. Beograd and MAKSTIL A.D. in Macedonia
  3. Includes tonnage of Bhushan Steel Ltd.
  4. Combined tonnage of Mobarrakeh Steel, Esfahan Steel, Khuzestan Steel and NISCO
  5. Includes part tonnage of USIMINAS (39.6% voting shares)

Company ownership and tonnage calculations:

For worldsteel members, the data was sourced from the official tonnage declaration. For Chinese companies, the official CISA tonnage publication was used. In cases of more than 50% ownership, 100% of the subsidiary’s tonnage is included. In cases of 30% to 50% ownership, pro-rata tonnage is included. Unless otherwise specified, less than 30% ownership is considered a minority interest and therefore not included.