China Baowu Group

China

124.76

130.09

1

1

ArcelorMittal ⁽¹⁾

Luxembourg

63.43

65.15

2

2

Nippon Steel Corporation ⁽²⁾

Japan

57.78

43.64

3

4

Ansteel Group

China

57.61

59.55

4

3

HBIS Group

China

42.49

42.28

5

5

Shagang Group

China

39.10

40.22

6

6

Jianlong Group

China

38.02

39.37

7

7

POSCO Holdings

South Korea

37.36

37.79

8

8

Delong Steel

China

32.03

29.33

9

11

Tata Steel Group

India

30.46

31.02

10

10

JSW Steel Limited

India

30.28

26.95

11

12

Shougang Group

China

30.23

31.57

12

9

Jingye Group

China

23.91

22.72

13

15

JFE Steel Corporation

Japan

22.69

23.53

14

14

Hunan Steel Group

China

22.60

24.90

15

13

Nucor Corporation

United States

22.33

20.66

16

16

Liuzhou Steel

China

(e)  21.00

19.22

17

18

SAIL

India

19.44

19.10

18

19

Shandong Steel Group

China

18.26

19.45

19

17

Hyundai Steel

South Korea

17.95

18.36

20

21

Fangda Steel

China

17.90

19.10

21

20

Cleveland-Cliffs Inc.

United States

17.06

16.06

22

25

Rizhao Steel

China

17.04

18.30

23

22

Techint Group ⁽³⁾

Argentina

16.30

16.20

24

23

Tsingshan Holding

China

16.00

16.00

25

26

CITIC Pacific

China

15.82

16.15

26

24

Baotou Steel

China

15.73

14.99

27

27

Shenglong Metallurgy

China

14.99

12.79

28

32

Jinan Steel

China

14.75

14.30

29

28

Novolipetsk Steel (NLMK)

Russia

13.33

(e)  13.60

30

30

Gerdau S.A.

Brazil

13.03

12.78

31

33

Tosyal? Holding

Türkiye

12.11

9.12

32

46

Sinogiant Group

China

11.99

13.04

33

31

China Steel Corporation

Taiwan, China

11.57

12.65

34

34

Nanjing Steel

China

11.35

11.35

35

38

Anyang Steel

China

(e)  11.00

(e)  12.50

36

36

Zenith Steel

China

10.95

12.61

37

35

Hoa Phat Steel

Viet Nam

10.87

8.71

38

49

Severstal

Russia

10.83

10.38

39

41

Steel Dynamics, Inc.

United States

10.70

10.20

40

43

Sanming Steel

China

10.60

11.41

41

37

Puyang Steel

China

10.52

9.38

42

45

Mobarakeh Steel Company

Iran

10.29

10.19

43

44

Magnitogorsk Iron & Steel Works (MMK)

Russia

10.16

11.20

44

39

Donghua Steel

China

9.70

7.95

45

52

Shaanxi Steel

China

9.44

11.02

46

40

thyssenkrupp

Germany

9.41

10.26

47

42

Jindal Steel Limited

India

8.71

8.06

48

51

Jiuquan Steel

China

8.49

8.79

49

48

EVRAZ

Russia

8.38

7.78

50

54

Donghai Special Steel

China

8.19

9.00

51

47

Erdemir Group

Türkiye

8.09

8.54

52

50

Jinxi Steel

China

8.00

7.33

53

57

SSAB

Sweden

7.54

7.35

54

56

Jiujiang Wire Rod

China

7.24

7.82

55

53

voestalpine

Austria

7.21

6.83

56

58

Jinnan Steel

China

7.17

7.42

57

55

BlueScope Steel Limited

Australia

6.77

6.61

58

60

Ezz Steel

Egypt

6.46

6.38

59

62

Saudi Iron and Steel Company (Hadeed)

Saudi Arabia

6.12

5.41

60

69

Salzgitter Group

Germany

5.88

6.39

61

61

Kobe Steel

Japan

5.82

6.09

62

63

Formosa Ha Tinh

Viet Nam

5.47

6.02

63

64

Sanbao Steel

China

5.41

6.00

64

65

Shiheng Special Steel

China

5.17

5.92

65

66

Commercial Metals Company (CMC)

United States

5.11

5.33

66

70

Rashtriya Ispat Nigam Ltd (VIZAG Steel)

India

5.06

(e)  3.65

67

89

Metalloinvest Management Company

Russia

4.89

3.06

68

102

Usinas Siderúrgicas de Minas Gerais S.A. (USIMINAS)

Brazil

4.67

3.19

69

98

CELSA Group

Spain

4.39

5.70

70

67

Stahlbeteiligungen Holding S.A.

Luxembourg

4.15

4.63

71

74

Habas

Türkiye

3.88

3.88

72

85

Huttenwerke Krupp Mannesmann

Germany

3.74

4.12

73

81

Metinvest Holding LLC

Ukraine

3.62

3.54

74

92

EMSTEEL

United Arab Emirates

3.40

2.84

75

105

Mechel

Russia

3.30

3.35

76

97

TMK

Russia

3.28

4.30

77

78