List of steel producers

From Wikipedia, the free encyclopedia

This article summarizes the world steel production by company. For the country-oriented account, see Steel production by country.

1 Top-30 producers by International Iron & Steel Institute
2 Other major steel producers
3 Steel producers merged with other companies or no longer operating
4 See also
5 External links

[edit] Top-30 producers by International Iron & Steel Institute

This is a list of the largest steel-producing companies in the world according to the International Iron and Steel Institute. The list is compiled from its page Top Steel Producers 2006, but updated below from other sources. The major evolution since then are the buy-out of Corus Group by Tata Steel. Note that not all steel is the same, some steel is far more valuable than other steel.

(Output in million metric tons crude steel; the country/region of producer's basing specified in brackets)

117.2 Mton ArcelorMittal (Global)
34.7 Mton Nippon Steel (Japan)
32.0 Mton JFE (Japan)
30.1 Mton POSCO (South Korea)
28.2 Mton Tata Steel (India) - Including Corus Group
22.5 Mton Shanghai Baosteel Group Corporation (China)
21.2 Mton United States Steel Corporation (United States)
20.3 Mton Nucor Corporation (United States)
19.1 Mton Tangshan (China)
18.2 Mton Gruppo Riva (Italy)
17.5 Mton Severstal (Russia)
16.8 Mton ThyssenKrupp (Germany)
16.1 Mton EvrazHolding (Russia)
15.6 Mton Gerdau (Brazil)
15.3 Mton Anshan (China)
14.6 Mton Shagang Group (China)
14.6 Mton Steel Authority of India Limited (India)^[1]
13.8 Mton Wuhan Iron and Steel (China)
13.6 Mton Sumitomo Metal Industries (Japan)
12.8 Mton Techint (Argentina)
12.5 Mton Magnitogorsk Iron and Steel Works (Russia)
11.5 Mton Jinan (China)
10.9 Mton Magang Group (China)
10.8 Mton Laiwu Steel (China)
10.7 Mton China Steel (Taiwan)
10.5 Mton Shougang (China)
9.9 Mton Valin Steel Group (China)
9.8 Mton Imidro (Iran)
9.5 Mton Industrial Union of Donbas (Ukraine)
9.1 Mton Novolipetsk (Russia)

Total world steel output in 2005: 1,131.8 million metric tons (mmt) Total world steel output in 2006: 1,239.5 million metric tons (mmt)

It should be noted that the International Iron and Steel Institute (IISI) reports and analyzes its rankings in terms of steel volumes. There are many arguments suggesting that a better ranking should be based on steel revenues - probably based in US dollars. This can either be obtained by studying the company financials, or by estimating the average selling price per tonne of steel shipped (based on product mix) multiplied by the shipped tonnes in that year.

Integer Research Ltd., a London based company, claims to produce a ranking based on steel revenues. It is not clear how this compares to a ranking based on steel volumes, but is likely to represent the value added elements in the steel making process.