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Steel Company
This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association. This list ranks steelmakers by volume of steel production in millions of tonnes and includes all steelmakers with production over 10 million in 2021. The World Steel Association compiles a list from its members every year. Note that due to mergers, year-to-year figures for some producers are not comparable. Also note that not all steel is the same; some steel is more valuable than other steel, so volume is not the same as turnover. Top producers by volume Other top steel producers by volume * Acerinox, Spain * Aisha Steel Mills, Pakistan * Aichi Steel Corporation, Japan * Allegheny Technologies, United States * Altos Hornos de México, Mexico * Angang Steel Company Limited, China * Anyang Steel, China * Aperam, Luxembourg * Arrium, Australia * BlueScope, Australia * British Steel Ltd, United Kingdom * BSRM, Bangladesh * Byelorussian Steel Works, Belar ...
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World Steel Association
World Steel Association, often abbreviated as worldsteel, is the international trade body for the iron and steel industry. The association is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel production. It is a non-profit organisation with its headquarters in Brussels, Belgium and a second office in Beijing, China, whose purpose is to promote steel and the steel industry to customers, the industry, media and the general public. Membership Companies must produce at least 2 million tonnes of steel and operate as independent commercial enterprises in order to be eligible for regular membership. The World Steel Association publishes a list of the top steel-producing companies every year. Areas of activity The World Steel Association's key are ...
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Nucor Corporation
Nucor Corporation is an American producer of steel and related products based in Charlotte, North Carolina. It is the largest steel producer in the United States, the largest "mini-mill" steelmaker (i.e. it uses electric arc furnaces to melt scrap steel as opposed to blast furnaces to melt iron), and the biggest recycler of scrap in North America. , Nucor was the 14th-largest steel producer in the world. Current operations Nucor operates 23 scrap-based steel production mills. In 2019, the company produced and sold approximately 18.6 million tons of steel and recycled 17.8 million tons of scrap. Nucor produces steel bars (carbon and alloy steel), beams, sheets/ flat rolled steel, plates, steel joists, joist girders, steel decks, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, metal building systems, light gauge steel framing, steel grating, expanded metal, and wire mesh. In addition to steel, Nucor also brokers ferrous and nonferrous metals such a ...
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CITIC Limited
CITIC Limited () is a conglomerate headquartered in Hong Kong. Its shares are listed on the Main Board of the Hong Kong Stock Exchange, and it is a constituent of the Hang Seng Index. 58% of its issued shares are owned by the Chinese state-owned CITIC Group. It is principally engaged in financial services, resources and energy, manufacturing, engineering contracting, real estate and other businesses. Business areas CITIC Limited previously known as CITIC Pacific is a diversified company with a primary focus on special steel manufacturing, property and iron ore mining, which supplies the raw material needed in the making of special steel and property development in mainland China. CITIC Pacific's operating segments include special steel, iron ore mining, property, civil infrastructure, power generation and other business areas. CITIC Pacific's subsidiaries include CITIC Pacific Mining, CITIC Pacific Special Steel, Dah Chong Hong Holdings Limited and CITIC Telecom Internat ...
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Gerdau
Gerdau is the largest producer of long steel in the Americas, with steel mills in Brazil, Argentina, Canada, Colombia, Dominican Republic, Mexico, Peru, United States, Uruguay and Venezuela. Currently, Gerdau has an installed capacity of 26 million metric tons of steel per year and offers steel for the civil construction, automobile, industrial, agricultural and various sectors. Gerdau is also the world's 30th largest steelmaker. It has 337 industrial and commercial units and more than 30,000 employees across 10 countries. History Gerdau was founded by Johannes Heinrich Kaspar Gerdau, also known as João Gerdau, a German migrant who left the port of Hamburg for Rio Grande do Sul, in Brazil, in 1869 in search of new business opportunities. He arrived at the port of Rio Grande, Rio Grande do Sul and, at only 20 years of age, established himself in Colônia de Santo Ângelo (now the town of Agudo), where he invested in trade, transport and the subdivision of land. He moved to the ...
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Techint
Techint is an Argentine conglomerate founded in Milan in 1945 by Italian industrialist Agostino Rocca and headquartered in Milan (Italy) and Buenos Aires (Argentina). As of 2019 the Techint Group is composed of six main companies in the following areas of business: engineering, construction, steel, mining, oil & gas, industrial plants, healthcare. Techint, with its subsidiaries, is the largest steel making company in Argentina. Techint claims to be the world's largest manufacturer of seamless steel tubes, mainly used in the oil industry. History Agostino Rocca, an executive at Ansaldo and later at Dalmine and SIAC (steel and iron industries) founded ''Compagnia Tecnica Internazionale'' (Italian for "Technical International Company") in Milan in September 1945, but developed its main activity worldwide. The original company name was changed after to ''Techint'', its abbreviated telex code.http://www.techint.com/~/media/TechintCom/Brochures/techint bilancio.ashx The company beg ...
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China Steel
:''There is an unrelated raw material processing company named Sinosteel based in the People's Republic of China (Mainland China).'' China Steel Corporation (CSC; ) is the largest integrated steel maker in Taiwan. Its main steel mill is located in Siaogang District, Kaohsiung. The corporation and its sister companies are administrated under the CSC Group. According to the International Iron and Steel Institute (IISI), China Steel is the 23rd largest steel producer in the world in 2016. History China Steel was planned and organized in 1960s and the corporation was officially established on December 3, 1971. Its adoption of the continuous casting production process, which was later computerized, obtained for the company international competitiveness. On November 1, 1974, CSC began the first stage of construction. Its head office was located in Taipei between 1971 and 1975, but translocated to Kaohsiung since September 15, 1975. The first blast furnace was launched on June 27, ...
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Cleveland-Cliffs
Cleveland-Cliffs Inc., formerly Cliffs Natural Resources, is a Cleveland, Ohio-based company that specializes in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling. It is the largest flat-rolled steel producer in North America. Operations Cleveland-Cliffs manages and operates four iron ore mines in Minnesota and two mines in Michigan, one of which, the Empire Mine, has been indefinitely idled. These mines produce various grades of iron ore pellets, including standard and fluxed, for use in blast furnaces as part of the steelmaking process as well as Direct Reduced (DR) grade pellets for use in Direct Reduced Iron (DRI) applications. Since the mines are located near the Great Lakes, the majority of the pellets are transported by rail to loading ports for shipments via vessel to steelmakers in North America. During 2020, 2019 and 2018, the company sold 12 million, 19 million and 21 million long tons of iron ore product, ...
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United States Steel Corporation
United States Steel Corporation, more commonly known as U.S. Steel, is an American integrated steel producer headquartered in Pittsburgh, Pennsylvania, with production operations primarily in the United States of America and in several countries across Central Europe. It was the 8th largest steel producer in the world in 2008. By 2018, the company was the world's 38th-largest steel producer and the second-largest in the United States behind Nucor Corporation. Though renamed USX Corporation in 1986, the company was renamed United States Steel in 2001 after spinning off its energy business, including Marathon Oil, and other assets from its core steel concern. History Formation J. P. Morgan formed U.S. Steel on March 2, 1901 (incorporated on February 25), by financing the merger of Andrew Carnegie's Carnegie Steel Company with Elbert H. Gary's Federal Steel Company and William Henry "Judge" Moore's National Steel Company for $492 million ($ billion today). At one time, U.S ...
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Baotou Steel
Baotou Iron and Steel Group, Baotou Steel or Baogang Group is an iron and steel state-owned enterprise in Baotou, Inner Mongolia, China. It was reorganized in 1998 from Baotou Iron and Steel Company established in 1954. It is the largest steel enterprise in Inner Mongolia. It has a large production base of iron and steel and the largest scientific research and production base of rare earths in China. Its subsidiary company, Inner Mongolia Baotou Steel Union (), was established and listed on the Shanghai Stock Exchange in 1997. See also * Baogang Tailings Dam Baogang Tailings Dam, also known as the Baotou Tailings Dam or Weikuang Dam, is a tailings dam in Inner Mongolia, China, on the outer ring of the city of Baotou, about 20 kilometres from the city centre. The dam is filled with tailings and waste sl ... External linksBaotou Iron and Steel Groupsince 1954. References {{Steel companies of the People's Republic of China Companies in the CSI 100 Index Companies listed on ...
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IMIDRO
Iranian Mines & Mining Industries Development & Renovation, known as IMIDRO, is a major state-owned holding company active in the mining sector in Iran. IMIDRO has 8 major companies and 55 operational subsidiaries active in steel, aluminum, copper, cement and mineral exploitation fields. In 2002, IMIDRO and its subsidiaries had 49.3 thousand employees with a total asset value of 33.5 thousand billion Rials. In 2002 IMIDRO subsidiaries' annual turnover value was estimated at 3.23 thousand billion Rials and their export at 448 million dollars in 2002. Foreign projects In 2009, IMIDRO reported that 9 countries including Algeria, Belarus, Bolivia, Ecuador, Iraq, Lebanon, Syria, and Venezuela would have cement plants which will be constructed by Iranian engineers. That same year, Iran produced some 65 million tons of cement per year and exported to 40 countries. Main subsidiaries *Al-Mahdi Aluminum Company *Ehdas Sanat Company (ESC) - Cement company *Esfahan Steel Company (ESCO) *H ...
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Novolipetsk Steel
Novolipetsk Steel, or NLMK, is one of the four largest steel companies in Russia. NLMK's share of domestic crude steel production is about 21%. It primarily produces flat steel products, semi-finished steel products and electrical steels. NLMK also produces specialty coated steels, plus high-ductility and micro-alloyed steels. It is the 21st-largest steel maker in the world. The larger NLMK group owns a number of other steel and mining industries, mostly in Russia. History Historically, the Lipetsk area in central Russia has had substantial iron ore deposits. In 1702, Peter the Great ordered the construction of an iron foundry there. In 1931, Novolipetsk Iron and Steel began construction of a plant on the site of the iron ore mine. Prospering down through the decades, Novolipetsk became a joint-stock company in 1992 and then in 1993 began the process of privatization by distributing company shares to its employees. The company seems to be acquisitive; see list of related organ ...
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Steel Authority Of India Limited
Steel Authority of India Limited (SAIL) is a central public sector undertaking based in New Delhi, India. It is under the ownership of Ministry of Steel, Government of India with an annual turnover of INR 1,03,480 Crore (US$13 billion) for fiscal year 2021–22. Incorporated on 24 January 1973, SAIL has 60,766 employees (as of 1 October 2022). With an annual production of 16.30 million metric tons, It is the largest government owned steel producer. The hot metal production capacity of the psu will further increase and is expected to reach a level of 50 million tonnes per annum by 2025. SAIL operates and owns five integrated steel plants at Bhilai, Rourkela, Durgapur, Bokaro and Burnpur (Asansol) and three special steel plants at Salem, Durgapur and Bhadravathi. It also owns a Ferro Alloy plant at Chandrapur. As a part of its global ambition, the psu is undergoing a massive expansion and modernisation programme involving upgrading and building new facilities with emphasis ...
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