Top Producers

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.