Global Leaders In Steel Production

Steel is among the most important and common metal alloys and is also heavily used in all sorts of uses, mainly in automobile manufacture, construction, and shipbuilding. To cut on costs and transform the industry into a more energy-efficient and sustainable, steel scrap is gathered from waste streams, dismantled buildings, wrecked automobiles, or other industrial sources and melted to form new products making it one of the most recycled metals.

Global steel production is constantly increasing, with major countries and key manufacturers boosting production to meet worldwide demand.

Read More About Steel Production Cost Reports - Get Free Sample Copy in PDF

There are a few leading manufacturers of steel which are contributing to the steel market growth.

Top 10 Biggest Steel Manufacturers Globally

The Top 10 Biggest Steel Manufacturers Globally Are-

ArcelorMittal

Company Website	https://corporate.arcelormittal.com/
Headquartered in	Avenue de la Liberte, Luxembourg
Founded in	2006

The company operating in over sixty nations is based in Avenue de la Liberte, Luxembourg and is a joint merger between Mittal Steel and Arcelor. They employ 232,000 people who produce around 10% of steel worldwide. They are a key supplier of markets like packaging, construction and automotive. This steel giant declared 35 transactions across the globe and continues to invest in major regions like France, Canada, Costa Rica, South Africa, Australia, Brazil, Turkey, the US, Sweden, Venezuela, and the United Arab Emirates.

Nippon Steel & Sumitomo Metal Corporation (NSSMC)

Company Website	https://www.nipponsteel.com/
Headquartered in	Marunouchi, Chiyoda-ku, Tokyo
Founded in	2012

NSSMC was formed in 2012 as an alliance between Nippon Steel and Sumitomo Metal. It is the second biggest supplier of steel worldwide. Their operations expand in 15 nations and employ around 83,000 people. They have functions in industries like automobile, energy, construction, civil engineering, resources and railways.

Hebei Iron and Steel Group

Company Website	https://www.hbisco.com/
Headquartered in	Shijiazhuang, Hebei
Founded in	2008

Incorporated in the year 2008, this Shijiazhuang, Hebei-based company in the People's Republic of China holds a 30 million tonnes/year capacity of HBIS, which makes them the biggest steel supplier in China. Their main products include cold-rolled plates, hot-rolled steel, hot-rolled plate, galvanized plate, welded pipe, wire rods, bars, five vanadium oxide, etc.

Baosteel

Company Website	https://www.baosteel.com/
Headquartered in	Pudong, Shanghai, China
Founded in	1978

Launched in 1978, the Pudong, Shanghai, China-based company is among the largest supplier of steel globally. They employ around 130,401 employees and offer products like stainless steel, special steel, and carbon steel, which are exported to over 40 countries. It is a leading provider of petrochemical, automobile, metalwork, transportation, nuclear power, household appliances, energy, and a maker of astronautics, machinery, and electronic instruments.

Wuhan Iron and Steel Group

Company Website	https://www.wisco.com.cn/
Headquartered in	Wuhan, Hubei
Founded in	1958

The Chinese company based in Wuhan, Hubei, was founded in 1958 and has garnered popularity as the country's first steel giant and iron complex. Their product offerings include cold-rolled products, hot-rolled products, profile products, silicon products, plate products and wire rod products etc.

Posco

Company Website	https://www.posco.com/
Headquartered in	Pohang, South Korea
Founded in	1968

This is an iron and steel company that began in 1968 and has evolved into a significant steel producer in the world. Headquartered in Pohang, South Korea, this company has the biggest mills globally, which are located in Pohang and Gwangyang and have a joint annual production of 33.7 million tons of steel, with the more significant products being long steel, flat steel, and plates and wires.

Jiangsu Shagang

Company Website	http://eng.shasteel.cn/
Headquartered in	Zhangjiagang, Jiangsu
Founded in	1975

Among the top five Chinese leaders in steel production, the Zhangjiagang, Jiangsu-based company formed in 1975 has 18 million tons of annual iron production and offers products like wire rods, rebar, hot-rolled coils, and slabs.

Tata Steel Group

Company Website	https://www.tatasteel.com/
Headquartered in	Mumbai, Maharashtra, India
Founded in	1868

The company formed in 1868 with more than 581,470 employees makes huge revenues with its global operations.

HYUNDAI Steel Company

Company Website	https://www.hyundai-steel.com/
Headquartered in	Seocho-gu, Seoul
Founded in	1953

The first Korean steel company founded in 1953, is a leader in sustainable development with a growing business in blast furnaces as a new growth engine.

JFE Steel Corporation

Company Website	https://www.jfe-steel.co.jp/
Headquartered in	Tokyo, Japan
Founded in	1950

The Tokyo, Japan-based company (previously called Kawasaki Steel Corporation) founded in 1950 is a supplier of various goods like shapes, stainless products, steel sheets, electrical sheets, steel bars, pipes and tubes, and wire rods, among others.

Top Steel Manufacturing Nations Worldwide

Apart from the leading steel manufacturing corporations in the world, below is the list of the top steel manufacturing countries in the world.

• China
• India
• Japan
• United States
• Russia
• South Korea
• Germany
• Türkiye
• Brazil
• Iran
• Italy
• Taiwan    
• Vietnam 
• Mexico
• Indonesia

About Author:

Shyamala Sapra Content Writer at Procurement Resource Shyamala Sapra is an experienced content writer with expertise in market research across diverse industries. With a deep understanding of chemistry, pharmaceuticals, healthcare, agriculture, horticulture, aeronautics, and personal care, Shyamala delivers clear and engaging content tailored to target audiences. Staying updated on industry trends and distilling the information into clear, concise information is the basis of her work. From articles to reports, she delivers high-quality content that effectively communicates key messages.