Another state-run Chinese company, Ansteel Group, produced 55.65 million tonnes of steel in 2022. The company holds third spot. Japan-based Nippon Steel Corporation gets fourth rank as it produced 44.37 million tonnes of steel last year.
Steel plays a significant role in construction and in other manufacturing objects. But, Do you know which company is the world’s largest steel company and where Tata steel ranks in the list? Today, we are going to give you a full list of the world’s big steel manufacturers.
China’s state-run company Baowu Steel Group Corp is the world’s largest steel company. The company has produced 131.84 million metric tonnes of steel in a year. The second spot goes to ArcelorMittal as the company produced 68.89 million tonnes of steel in 2022.
Another state-run Chinese company, Ansteel Group, produced 55.65 million tonnes of steel in 2022. The company holds third spot. Japan-based Nippon Steel Corporation gets fourth rank as it produced 44.37 million tonnes of steel last year.
China’s Shagang Group is the largest private steel company and it produced 41.45 million tonnes of raw steel in 2022. It ranks at fifth. China’s state-run HBIS company produced 41 million tonnes of steel in 2022. It is the country’s largest home appliance steel manufacturer. It holds sixth spot.
South Korea’s POSCO Steel produced 38.64 million tonnes of raw steel in 2022. It ranks 7th spot. China’s private firm Jianlong Steel produced 36.56 million tonnes of raw steel in 2022. It ranks at 8th spot. China’s Shougang Group produced 33.82 million tonnes of raw steel in 2022 It holds ninth spot.
Ratan Tata’s Tata Steel produced 30.18 million tonnes of steel in 2022. It ranks at 10th. As per Reuters, the company is one of the largest producers of steel in Europe.
Comments are closed.