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Top steelmakers of 2010

Wednesday, 09 March 2011


Top steelmaking companies ©SBB 2011
Million tonnes of crude steel.
  2009 2010
Rank Output Rank Output
ArcelorMittal Luxembourg 1 73.2 1 90.6
Hebei I&S China 2 49.7 2 52.9
Baosteel China 3 38.9 3 44.5
Angang Group China 4 37.4 4 40.3
Wuhan China 6 30.3 5 36.5
Posco Korea 5 31.1 6 35.4
Nippon Steel Japan 7 26.5 7 34.5
JFE Japan 9 23.8 8 31.1
Jiangsu Shagang China 8 26.4 9 30.1
Shougang China 12 19.5 10 25.8
Tata Steel India 10 21.9 11 23.5
Shandong I&S China 11 21.3 12 23.2
US Steel USA 16 15.2 13 22.2
Hebei Xinwu'an China 13 16.7 14 18.6
Nucor USA 19 13.9 15 18.2
Gerdau Brazil 20 13.5 16 17.8
Bohai I&S* China -- 15.9 17 17.4
Severstal Russia 17 15.0 18 17.0
ThyssenKrupp Germany 23 11.0 19 16.7
Evraz Russia 15 15.3 20 16.3
*Formed 2010

International steel companies mostly saw their production in 2010 bounce back from 2009, but in many cases they did not regain their pre-crisis levels. ArcelorMittal remained the largest steelmaker, gaining 17m tonnes on its 2009 performance but still almost 13mt below the 103mt that it produced in 2008.

Steel Business Briefing’s annual listing of the world’s largest steel-producing companies is once again dominated by China – nine of the top 20, six of the top ten, and four of the top five steelmakers in 2010 were Chinese.

The largest year-on-year gain in crude steel production was recorded by ThyssenKrupp, whose output rose almost 52%. This took it from 23rd place in last year’s rankings to 19th this year. US Steel recorded a 46% increase and rose from 16th to 13th.

Others showing gains of 30% or more over their crisis-hit 2009 output tonnages included Nippon Steel, JFE, Nucor and Gerdau.

In 2010 the 20 largest steel companies made a total of 612m tonnes, 43% of the world's total production. This was little changed from 42% in 2009.

© Steel Business Briefing 2014
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