World Steel Association unveils global top steel producers for 2024
Release Time:2025-06-06 Browsing Volume:62
Jun. 6, 2025 - The World Steel Association has released the 2024 global steel production rankings. Below is a ranking of global companies that made more than 3 million tonnes of crude steel in 2024. This list is updated in early June every year.
(e) estimated; (r) time series revised; N/R not ranked
Notes
(1) Includes 60% AM/NS India (former Essar Steel)
(2) Includes Nippon Steel Stainless Steel Corporation, Sanyo Special Steel, Ovako, 40% AM/NS India and 22% USIMINAS.
(3) Including tonnage of Yingkou Plate from 2024.
(4) Including tonnage of Ganglu Steel and Yuhua Steel from 2024.
(5) Including tonnage of Xinyang from 2024.
(6) Including tonnage of Luan Steel and Jinding Steel from 2024.
Notes on company ownership and tonnage calculations:
For worldsteel members, the data was sourced from their official tonnage declarations. For Chinese companies, the official CISA tonnage publication was used, unless especially noted. In case of more than 50% ownership, 100% of the subsidiary’s tonnage is included, unless specified otherwise. In cases of 30%-50% ownership, pro-rata tonnage is included. Unless otherwise specified in the declaration, less than 30% ownership is considered a minority and therefore, not included. Figures represent ownership ending 31 December 2024.