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This article summarizes the world steel production by company. For the country-oriented account, see Steel production by country.
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Top 10 (2008)
The WorldSteel (World Steel Association) ranked top 80 steel producers in 2008, by mmt (million metric tons of crude steel output)[1]. The Top 10 are listed like below:
- 1st; 103.3 mmt; ArcelorMittal
- 2nd; 37.5 mmt; Nippon Steel
- 3rd; 35.4 mmt; Baosteel Group
- 4th; 34.7 mmt; POSCO
- 5th; 33.3 mmt; Hebei Steel Group
- 6th; 33.0 mmt; JFE
- 7th; 27.7 mmt; Wuhan Steel Group
- 8th; 24.4 mmt; Tata Steel
- 9th; 23.3 mmt; Jiangsu Shagang Group
- 10th; 23.2mmt; U.S. Steel
Top 30 producers by the World Steel Association (2007)
This is a list of the largest steel-producing companies in the world according to the World Steel Association. The list is compiled from its page Top Steel Producers 2007. 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)
- 116.4 Mton ArcelorMittal (Luxembourg HQ/Global)
- 35.7 Mton Nippon Steel (Japan)
- 34.0 Mton JFE (Japan)
- 31.1 Mton POSCO (South Korea)
- 28.6 Mton Shanghai Baosteel Group Corporation (China)
- 26.6 Mton Tata Steel (India / Global)
- 23.6 Mton LiaoNing An-Ben Iron and Steel Group (China)
- 22.9 Mton Shagang Group (China)
- 22.8 Mton HeBei Tangshan Iron & Steel Group (China)
- 21.5 Mton United States Steel Corporation (United States)
- 20.2 Mton Wuhan Iron and Steel (China)
- 20.0 Mton Nucor Corporation (United States)
- 18.6 Mton Gerdau (Brazil)
- 17.9 Mton Gruppo Riva (Italy)
- 17.3 Mton Severstal (Russia)
- 17.0 Mton ThyssenKrupp (Germany)
- 16.2 Mton EvrazHolding (Russia)
- 14.2 Mton Magang Group (China)
- 13.9 Mton Steel Authority of India Limited (India)
- 13.8 Mton Sumitomo Metal Industries (Japan)
- 13.3 Mton Magnitogorsk Iron and Steel Works (Russia)
- 13.1 Mton Techint (Italy)
- 12.9 Mton Shougang (China)
- 12.1 Mton ShanDong Jinan (China)
- 11.7 Mton ShanDong Laiwu Steel (China)
- 11.1 Mton Valin Steel Group (China)
- 10.9 Mton China Steel (Taiwan)
- 10.1 Mton IMIDRO (Iran)
- 10.0 Mton Hyundai INI Steel (South Korea)
- 9.7 Mton Novolipetsk (Russia)
Total world steel output in 2007: 1,344,3 million metric tons (mmt)
It should be noted that the World Steel Association 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[citation needed]. 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. But it is also to be noted that the W.S.A does not include the exact total production of steel manufactured world wide. Indeed a lot of small independant companies or groups are not mentionned and their total yearly production could go up to 90 millions tons. The most commun examples are cited in the Middle Eastern countries where a lot of rich individuals businessmans decide despite the economical globilization to set up their own steel plant. In Lebanon for instance, a country of 4,000,000 souls, a brand new steel complex ( Melt Shop on Induction Furnace, Roll Mill, Power Plant and Sea Port) is being installed and is programmed to begin the production of 300,000 tons per year in the beginning of 2010. For a small country who, for the time being, is importing 100 % of its consumption mainly from Russia, Ukraine or Syria, the installation of such a project is a huge investment and a big risk to the private owner.
Integer Research Ltd., a London based company, claims to produce a ranking based on steel revenues[citation needed]. 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.
Other major steel producers
- Aichi Steel Corporation, Japan
- Tuwairqi Steel Mills Limited, Karachi[citation needed], Pakistan
- AK Steel, formerly Armco, Middletown, Ohio
- BlueScope Steel, primarily in Australia
- Companhia Siderúrgica Nacional, Brasil
- Dongkuk Steel in Seoul, South Korea
- Essar Steel, India
- Erdemir in Karadeniz Ereğli, Turkey
- Beshay Steel, Egypt
- EZDK, Egypt
- Georgsmarienhütte GmbH, Germany
- Gruppo Lucchini, Italy
- Hadeed Iron and Steel,[citation needed], Saudia Arabia
- Ilyich Mariupol steel and iron works, Ukraine
- Japan Steel Works, Japan
- Jindal Steel, India
- JSW Steel[citation needed], India
- Kobe Steel, Japan
- KVS Ispat[citation needed], India
- Libyan Iron and Steel Company, Libya
- Lone Star Steel Company
- Nedstaal, Netherlands
- Nisshin, Japan
- Outokumpu, based in Finland
- Ovako[citation needed], Sweden & Finland
- Pakistan Steel Mills Pakistan
- Panzhihua, China
- Rautaruukki, Finland
- Salzgitter AG, Germany
- SCM Holdings (divisions of), Ukraine
- Sheffield Forgemasters[citation needed] in Sheffield, England
- Sidetur, Venezuela
- SSAB, Sweden
- Stelco in Hamilton, Ontario
- Ternium -- Hylsa in Mexico, Siderar in Argentina, & Sidor in Venezuela
- Vizag Steel, India
- Voestalpine, Austria
- Sahaviriya Steel Industries, Thailand
Steel producers merged with other companies or no longer operating
- Arbed (merged in 2002 forming Arcelor)
- Arcelor (merged with Mittal forming ArcelorMittal)
- Corus Group (acquired by Tata Steel in 2007)
- Dofasco in Hamilton, Ontario (acquired by Arcelor, now ArcelorMittal)
- Bethlehem Steel Corporation (assets bought by ISG in 2003. ISG merged with Mittal, now ArcelorMittal)
- British Steel (merged with Koninklijke Hoogovens (NL) in 1999 to form Corus, now Tata Steel)
- Algoma Steel (assests bought by Essar Steel, India in April 2007)
- Koninklijke Hoogovens (merged with British Steel (UK) in 1999 to form Corus, now Tata Steel)
- Cockerill-Sambre (acquired by Usinor in 1998, which became part of Arcelor in 2002, now ArcelorMittal)
- Hoesch Stahl AG (acquired by ThyssenKrupp)
- Inland Steel Company (acquired by Ispat International became Mittal, now ArcelorMittal)
- International Steel Group (merged with Mittal, now ArcelorMittal)
- Mittal Steel Company (merged with Arcelor forming ArcelorMittal)
- Rouge Steel (formerly owned by Ford Motor Corporation) acquired by Severstal in 2004.
- National Steel Corporation (acquired by U.S. Steel in 2003)
- Republic Steel (acquired by ISG, which merged with Mittal, now ArcelorMittal)
- Weirton Steel (acquired by ISG, which merged with Mittal, now ArcelorMittal)
- Youngstown Sheet and Tube (acquired by ISG, which merged with Mittal, now ArcelorMittal)
- Northwestern Steel and Wire
See also
External links
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