Here is a summary of the top global steel suppliers ranked by their size.
China Baowu Group
The China Baowu Steel Group Corporation Limited was established by the consolidation and reorganization of former Baosteel Group Corporation Limited and Wuhan Iron & Steel (Group) Corporation on December 1st, 2016. The merger of China Baowu and Ma Steel occurred on September 19th, 2019. The China Baowu Steel Group is a Chinese state-owned iron and steel company with a 63.81-million-tonne production capacity.
ArcelorMittal
Founded in 2008, ArcelorMittal is the world’s largest steel maker in the Americas, Africa, and Europe. It is the fifth largest steel supplies in the CIS region. In 18 countries across four continents, ArcelorMittal has 46 integrated and mini-mill steel-making facilities. A world-leading steel company, ArcelorMittal, has 95.45 million tons of production. Among the industries served by the company are automotive, construction, home appliances, and packaging.
Ansteel Group
State-owned steel producer Anshan Iron and Steel Group Corporation is located in China. The Ansteel Group produces both steel and non-steel products. A total of 33.19 million tones are produced by Ansteel Group every year.
Nippon Steel Stainless Steel Corporation
With its most advanced technologies, Nippon Steel Stainless Steel Corporation offers high-quality stainless-steel products such as steel plates, sheets, bars, and wire rods to steel customers worldwide.
Tata Steel
Tata Steel Group is one of the biggest steel manufacturing companies in India. A total of 34 million tons of crude steel are produced by Tata Steel each year, making it one of the top steel producers in the world.
HBIS
HBIS Group Co., Ltd., one of the largest steel producers in the world, is dedicated to providing various industries with steel products and services. The company has become China’s largest supplier of home appliance steel, the second largest of automotive steel, and the leading supplier of steel for marine engineering, bridges, and construction.
Shagang Group
As the largest private steel company in China, Jiangsu Shagang Group belongs to the Superking-sized National Industrial Enterprises category and is headquartered in Zhangjiagang City, Jiangsu Province. More than 30,000 employees are employed by Shagang Group, which has total assets of RMB150 billion. It has a production capacity of 31.9 million tons of iron and 39.2 million tons of steel, as well as 37.2 million tons of rolled products annually.
POSCO
As part of its national industrialization mission, POSCO was formed in 1968. Posco is Korea’s first integrated steel mill that produces 41 million tons of crude steel per year and is a global business with production and sales in 53 countries.