Top Steel Manufacturing Companies Globally
The total Crude Steel production globally was 1,885 Million tons in 2024, of this more than 35% is manufactured by China alone. The largest Steel manufacturing company is China Baowu Group that along manufactured 130 Mn tones of steel in 2024, contributing to 7% of the global steel production.
The next largest company is Arcelor Mittal which manufactures 65 Mn tones of crude steel is distant second.
The largest steel manufacturing company in India is Tata Steel group manufacturing 31 Mn tones annually. This contributes to 20% of India's annual crude steel manufacturing capacity of 156 Mn tones.
The next largest company is Arcelor Mittal which manufactures 65 Mn tones of crude steel is distant second.
The largest steel manufacturing company in India is Tata Steel group manufacturing 31 Mn tones annually. This contributes to 20% of India's annual crude steel manufacturing capacity of 156 Mn tones.
| Company | Headquarters | 2024 | Rank |
|---|---|---|---|
| China Baowu Group | China | 130.09 | 1 |
| ArcelorMittal | Luxembourg | 65 | 2 |
| Ansteel Group | China | 59.55 | 3 |
| Nippon Steel Corporation | Japan | 43.64 | 4 |
| HBIS Group | China | 42.28 | 5 |
| Shagang Group | China | 40.22 | 6 |
| Jianlong Group | China | 39.37 | 7 |
| POSCO Holdings | South Korea | 37.79 | 8 |
| Shougang Group | China | 31.57 | 9 |
| Tata Steel Group | India | 31.02 | 10 |
| Delong Steel | China | 29.33 | 11 |
| JSW Steel Limited | India | 26.95 | 12 |
| Hunan Steel Group | China | 24.9 | 13 |
| JFE Steel Corporation | Japan | 23.53 | 14 |
| Jingye Group | China | 22.72 | 15 |
| Nucor Corporation | United States | 20.66 | 16 |
| Shandong Steel Group | China | 19.45 | 17 |
| Liuzhou Steel | China | 19.22 | 18 |
| SAIL | India | 19.1 | 19 |
| Fangda Steel | China | 19.1 | 20 |
Units: Mn tons
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