According to figures released by the World Steel Association (worldsteel), the U.S. ranked third in steel production last year with 80.5 million metric tons (mmt). This was an improvement from 2009 when the U.S. ranked fifth with 58.2 mmt. China and Japan finished first and second for the second year in a row. China produced more steel (626.7 mmt) than the next four countries combined – Japan (109.6 mmt), U.S. (80.5 mmt), India (68.3 mmt) and Russia (66.9 mmt). These numbers have been published in the 2011 edition of World Steel in Figures, which is available atwww.worldsteel.org.
The top five steel-producing worldsteel member companies in 2010 were also announced. ArcelorMittal was on top with 98.2 mmt, followed by Baosteel (37 mmt), POSCO (35.4 mmt), Nippon Steel (35 mmt) and JFE (31.1 mmt). These same five companies finished in the same order in 2009. The tonnages are for all types of steel including stainless and based on worldsteel reporting rules.
U.S. Ranks Third in World Steel Production
July 19, 2011