FACT BOOK 2022

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World Steel Industry

Crude Steel Production - Top 30 Steelmakers

(million tons, %)

	Company	Country	2020	2021	Growth rate 20/21
1	China Baowu Group	China	115.3	120.0	4.0
2	ArcelorMittal	Luxembourg	78.5	79.3	1.0
3	Ansteel Group	China	38.2	55.7	45.7
4	Nippon Steel Corporation	Japan	41.6	49.5	19.0
5	Shagang Group	China	44.7	44.2	-1.1
6	POSCO	South Korea	40.6	43.0	5.9
7	HBIS Group	China	43.8	41.6	-4.8
8	Jianlong Group	China	36.5	36.7	0.7
9	Shougang Group	China	34.0	35.4	4.2
10	Tata Steel Group	India	28.1	30.6	9.0
11	Shandong Steel Group	China	31.1	28.3	-9.2
12	Delong Steel Group	China	28.3	27.8	-1.6
13	JFE Steel Corporation	Japan	24.4	26.9	10.2
14	Valin Group	China	26.8	26.2	-2.1
15	Nucor Corporation	U.S.A.	22.7	25.7	13.0
16	Jiangxi Fangda Steel	China	19.6	20.0	1.9
17	Hyundai Steel	South Korea	19.8	19.6	-0.9
18	Liuzhou Steel	China	16.9	18.8	11.4
19	JSW Steel Limited	India	14.9	18.6	25.1
20	SAIL	India	15.0	17.3	15.8
21	NLMK	Russia	15.8	17.3	9.8
22	IMIDRO	Iran	17.4	16.7	-3.9
23	Baotou Steel	China	15.6	16.5	5.4
24	U. S. Steel	USA	11.6	16.3	41.1
25	Cleveland-Cliffs	USA	3.6	16.3	352.8
26	China Steel Corporation	Taiwan	14.1	16.0	13.0
27	Jingye Group	China	16.3	15.4	-5.6
28	Techint Group	Argentina	12.6	14.9	18.8
29	Sinogiant Group	China	14.2	14.3	1.1
30	Gerdau S.A.	Brazil	13.0	14.2	9.2

Source: worldsteel

Notes on company ownership and tonnage calculations:
- For Chinese companies, the official CISA tonnage publication was used.
- In cases of more than 50% ownership, 100% of the subsidary’s tonnage is included.
- In cases of 30% to 50% ownership, pro-rata tonnage is included.
- Less than 30% ownership is considered a minority interest and therefore not included.