World

Top 220 largest Companies in the Steel industry in the World by Market Cap

This is the list of the largest public listed companies in the Steel industry in the world by market capitalization with links to their reference stock.

World Steel Industry Analysis
World Top Companies World Companies Analysis

Top Steel Companies in the World as of Jan. 01, 2025

Rank Company Market Cap (USD) Country Sector Industry
1 Nucor Corporation $28.66 B United States US Basic Materials US Steel
2 Baoshan Iron & Steel Co. Ltd $20.47 B China Chinese Basic Materials Chinese Steel
3 Nippon Steel Corp $19.85 B Japan Japanese Basic Materials Japanese Steel
4 ArcelorMittal $18.68 B Luxembourg Luxembourg Basic Materials Luxembourg Steel
5 Steel Dynamics, Inc. $18.63 B United States US Basic Materials US Steel
6 Toyota Tsusho Corp $17.65 B Japan Japanese Basic Materials Japanese Steel
7 Reliance Steel & Aluminum Co. $15.58 B United States US Basic Materials US Steel
8 POSCO $13.37 B South Korea South Korean Basic Materials South Korean Steel
9 Inner Mongolia Baotou Steel Union Co. Ltd $11.20 B China Chinese Basic Materials Chinese Steel
10 Severstal PJSC $9.43 B Russia Russian Basic Materials Russian Steel
11 United States Steel Corporation $8.35 B United States US Basic Materials US Steel
12 Novolipetsk Steel PJSC $7.98 B Russia Russian Basic Materials Russian Steel
13 JFE Holdings, Inc. $6.97 B Japan Japanese Basic Materials Japanese Steel
14 BlueScope Steel Limited $5.91 B

(July 1, 2024)

Australia Australian Basic Materials Australian Steel
15 Kumba Iron Ore Ltd $5.88 B South Africa South African Basic Materials South African Steel
16 Commercial Metals Company $5.72 B United States US Basic Materials US Steel
17 Ternium SA $5.70 B Luxembourg Luxembourg Basic Materials Luxembourg Steel
18 Gerdau SA $5.63 B Brazil Brazilian Basic Materials Brazilian Steel
19 SSAB AB $5.57 B

(July 1, 2024)

Sweden Swedish Basic Materials Swedish Steel
20 Cleveland-Cliffs Inc. $4.91 B United States US Basic Materials US Steel
21 CSN Mineração SA $4.62 B Brazil Brazilian Basic Materials Brazilian Steel
22 Vallourec SA $4.62 B France French Basic Materials French Steel
23 Eregli Demir ve Çelik Fabrikalari T.A.S. $4.49 B Turkey Turkish Basic Materials Turkish Steel
24 Ternium Argentina SA $4.36 B Argentina Argentinian Basic Materials Argentinian Steel
25 Grupo Simec, S.A.B. de C.V. $4.09 B Mexico Mexican Basic Materials Mexican Steel
26 Kobe Steel Ltd $3.83 B Japan Japanese Basic Materials Japanese Steel
27 Industrias CH, S. A. B. de C. V. $3.74 B Mexico Mexican Basic Materials Mexican Steel
28 Nanjing Iron & Steel Co. Ltd $3.73 B China Chinese Basic Materials Chinese Steel
29 Vittoria Assicurazioni SpA $3.30 B Austria Austria Basic Materials Austria Steel
30 Iskenderun Demir ve Çelik A.S. $3.15 B Turkey Turkish Basic Materials Turkish Steel

Top Steel Companies in the World as of Jan. 01, 2025

1. Nucor Corporation

Company Profile: Nucor Corporation
Market Cap (USD): $28.66 B
Country: United States
Sector: US Basic Materials
Industry: US Steel

2. Baoshan Iron & Steel Co. Ltd

Company Profile: Baoshan Iron & Steel Co. Ltd
Market Cap (USD): $20.47 B
Country: China
Sector: Chinese Basic Materials
Industry: Chinese Steel

3. Nippon Steel Corp

Company Profile: Nippon Steel Corp
Market Cap (USD): $19.85 B
Country: Japan
Sector: Japanese Basic Materials
Industry: Japanese Steel

4. ArcelorMittal

Company Profile: ArcelorMittal
Market Cap (USD): $18.68 B
Country: Luxembourg
Sector: Luxembourg Basic Materials
Industry: Luxembourg Steel

5. Steel Dynamics, Inc.

Company Profile: Steel Dynamics, Inc.
Market Cap (USD): $18.63 B
Country: United States
Sector: US Basic Materials
Industry: US Steel

6. Toyota Tsusho Corp

Company Profile: Toyota Tsusho Corp
Market Cap (USD): $17.65 B
Country: Japan
Sector: Japanese Basic Materials
Industry: Japanese Steel

7. Reliance Steel & Aluminum Co.

Company Profile: Reliance Steel & Aluminum Co.
Market Cap (USD): $15.58 B
Country: United States
Sector: US Basic Materials
Industry: US Steel

8. POSCO

Company Profile: POSCO
Market Cap (USD): $13.37 B
Country: South Korea
Sector: South Korean Basic Materials
Industry: South Korean Steel

9. Inner Mongolia Baotou Steel Union Co. Ltd

Company Profile: Inner Mongolia Baotou Steel Union Co. Ltd
Market Cap (USD): $11.20 B
Country: China
Sector: Chinese Basic Materials
Industry: Chinese Steel

10. Severstal PJSC

Company Profile: Severstal PJSC
Market Cap (USD): $9.43 B
Country: Russia
Sector: Russian Basic Materials
Industry: Russian Steel

11. United States Steel Corporation

Company Profile: United States Steel Corporation
Market Cap (USD): $8.35 B
Country: United States
Sector: US Basic Materials
Industry: US Steel

12. Novolipetsk Steel PJSC

Company Profile: Novolipetsk Steel PJSC
Market Cap (USD): $7.98 B
Country: Russia
Sector: Russian Basic Materials
Industry: Russian Steel

13. JFE Holdings, Inc.

Company Profile: JFE Holdings, Inc.
Market Cap (USD): $6.97 B
Country: Japan
Sector: Japanese Basic Materials
Industry: Japanese Steel

14. BlueScope Steel Limited

Company Profile: BlueScope Steel Limited
Market Cap (USD): $5.91 B (July 1, 2024)
Country: Australia
Sector: Australian Basic Materials
Industry: Australian Steel

15. Kumba Iron Ore Ltd

Company Profile: Kumba Iron Ore Ltd
Market Cap (USD): $5.88 B
Country: South Africa
Sector: South African Basic Materials
Industry: South African Steel

16. Commercial Metals Company

Company Profile: Commercial Metals Company
Market Cap (USD): $5.72 B
Country: United States
Sector: US Basic Materials
Industry: US Steel

17. Ternium SA

Company Profile: Ternium SA
Market Cap (USD): $5.70 B
Country: Luxembourg
Sector: Luxembourg Basic Materials
Industry: Luxembourg Steel

18. Gerdau SA

Company Profile: Gerdau SA
Market Cap (USD): $5.63 B
Country: Brazil
Sector: Brazilian Basic Materials
Industry: Brazilian Steel

19. SSAB AB

Company Profile: SSAB AB
Market Cap (USD): $5.57 B (July 1, 2024)
Country: Sweden
Sector: Swedish Basic Materials
Industry: Swedish Steel

20. Cleveland-Cliffs Inc.

Company Profile: Cleveland-Cliffs Inc.
Market Cap (USD): $4.91 B
Country: United States
Sector: US Basic Materials
Industry: US Steel

21. CSN Mineração SA

Company Profile: CSN Mineração SA
Market Cap (USD): $4.62 B
Country: Brazil
Sector: Brazilian Basic Materials
Industry: Brazilian Steel

22. Vallourec SA

Company Profile: Vallourec SA
Market Cap (USD): $4.62 B
Country: France
Sector: French Basic Materials
Industry: French Steel

23. Eregli Demir ve Çelik Fabrikalari T.A.S.

Company Profile: Eregli Demir ve Çelik Fabrikalari T.A.S.
Market Cap (USD): $4.49 B
Country: Turkey
Sector: Turkish Basic Materials
Industry: Turkish Steel

24. Ternium Argentina SA

Company Profile: Ternium Argentina SA
Market Cap (USD): $4.36 B
Country: Argentina
Sector: Argentinian Basic Materials
Industry: Argentinian Steel

25. Grupo Simec, S.A.B. de C.V.

Company Profile: Grupo Simec, S.A.B. de C.V.
Market Cap (USD): $4.09 B
Country: Mexico
Sector: Mexican Basic Materials
Industry: Mexican Steel

26. Kobe Steel Ltd

Company Profile: Kobe Steel Ltd
Market Cap (USD): $3.83 B
Country: Japan
Sector: Japanese Basic Materials
Industry: Japanese Steel

27. Industrias CH, S. A. B. de C. V.

Company Profile: Industrias CH, S. A. B. de C. V.
Market Cap (USD): $3.74 B
Country: Mexico
Sector: Mexican Basic Materials
Industry: Mexican Steel

28. Nanjing Iron & Steel Co. Ltd

Company Profile: Nanjing Iron & Steel Co. Ltd
Market Cap (USD): $3.73 B
Country: China
Sector: Chinese Basic Materials
Industry: Chinese Steel

29. Vittoria Assicurazioni SpA

Company Profile: Vittoria Assicurazioni SpA
Market Cap (USD): $3.30 B
Country: Austria
Sector: Austria Basic Materials
Industry: Austria Steel

30. Iskenderun Demir ve Çelik A.S.

Company Profile: Iskenderun Demir ve Çelik A.S.
Market Cap (USD): $3.15 B
Country: Turkey
Sector: Turkish Basic Materials
Industry: Turkish Steel