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

Rank Company Market Cap (USD) Country Sector Industry
1 Nucor Corporation $32.04 B United States US Basic Materials US Steel
2 ArcelorMittal $25.65 B Luxembourg Luxembourg Basic Materials Luxembourg Steel
3 Toyota Tsusho Corp $23.64 B Japan Japanese Basic Materials Japanese Steel
4 Baoshan Iron & Steel Co. Ltd $21.13 B China Chinese Basic Materials Chinese Steel
5 Nippon Steel Corp $20.76 B Japan Japanese Basic Materials Japanese Steel
6 Steel Dynamics, Inc. $19.90 B United States US Basic Materials US Steel
7 POSCO $17.65 B South Korea South Korean Basic Materials South Korean Steel
8 Reliance Steel & Aluminum Co. $17.11 B United States US Basic Materials US Steel
9 United States Steel Corporation $12.42 B

(June 1, 2025)

 United States US Basic Materials US Steel
10 Inner Mongolia Baotou Steel Union Co. Ltd $11.51 B China Chinese Basic Materials Chinese Steel
11 Severstal PJSC $11.06 B Russia Russian Basic Materials Russian Steel
12 Novolipetsk Steel PJSC $8.82 B Russia Russian Basic Materials Russian Steel
13 JFE Holdings, Inc. $7.99 B Japan Japanese Basic Materials Japanese Steel
14 Ternium SA $6.29 B Luxembourg Luxembourg Basic Materials Luxembourg Steel
15 BlueScope Steel Limited $5.91 B

(July 1, 2024)

 Australia Australian Basic Materials Australian Steel
16 Commercial Metals Company $5.87 B United States US Basic Materials US Steel
17 Gerdau SA $5.81 B Brazil Brazilian Basic Materials Brazilian Steel
18 SSAB AB $5.57 B

(July 1, 2024)

 Sweden Swedish Basic Materials Swedish Steel
19 Kumba Iron Ore Ltd $5.49 B South Africa South African Basic Materials South African Steel
20 CSN Mineração SA $5.17 B Brazil Brazilian Basic Materials Brazilian Steel
21 Vittoria Assicurazioni SpA $4.77 B Austria Austria Basic Materials Austria Steel
22 Eregli Demir ve Çelik Fabrikalari T.A.S. $4.61 B Turkey Turkish Basic Materials Turkish Steel
23 Vallourec SA $4.57 B France French Basic Materials French Steel
24 Kobe Steel Ltd $4.52 B Japan Japanese Basic Materials Japanese Steel
25 Cleveland-Cliffs Inc. $4.36 B United States US Basic Materials US Steel
26 Grupo Simec, S.A.B. de C.V. $4.28 B Mexico Mexican Basic Materials Mexican Steel
27 Hang Zhou Iron & Steel Co.,Ltd. $4.16 B China Chinese Basic Materials Chinese Steel
28 Industrias CH, S. A. B. de C. V. $4.09 B Mexico Mexican Basic Materials Mexican Steel
29 Yamato Kogyo Co. Ltd $3.89 B Japan Japanese Basic Materials Japanese Steel
30 Nanjing Iron & Steel Co. Ltd $3.78 B China Chinese Basic Materials Chinese Steel

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

1. Nucor Corporation

Company Profile: Nucor Corporation
Market Cap (USD): $32.04 B
Country: United States
Sector: US Basic Materials
Industry: US Steel

2. ArcelorMittal

Company Profile: ArcelorMittal
Market Cap (USD): $25.65 B
Country: Luxembourg
Sector: Luxembourg Basic Materials
Industry: Luxembourg Steel

3. Toyota Tsusho Corp

Company Profile: Toyota Tsusho Corp
Market Cap (USD): $23.64 B
Country: Japan
Sector: Japanese Basic Materials
Industry: Japanese Steel

4. Baoshan Iron & Steel Co. Ltd

Company Profile: Baoshan Iron & Steel Co. Ltd
Market Cap (USD): $21.13 B
Country: China
Sector: Chinese Basic Materials
Industry: Chinese Steel

5. Nippon Steel Corp

Company Profile: Nippon Steel Corp
Market Cap (USD): $20.76 B
Country: Japan
Sector: Japanese Basic Materials
Industry: Japanese Steel

6. Steel Dynamics, Inc.

Company Profile: Steel Dynamics, Inc.
Market Cap (USD): $19.90 B
Country: United States
Sector: US Basic Materials
Industry: US Steel

7. POSCO

Company Profile: POSCO
Market Cap (USD): $17.65 B
Country: South Korea
Sector: South Korean Basic Materials
Industry: South Korean Steel

8. Reliance Steel & Aluminum Co.

Company Profile: Reliance Steel & Aluminum Co.
Market Cap (USD): $17.11 B
Country: United States
Sector: US Basic Materials
Industry: US Steel

9. United States Steel Corporation

Company Profile: United States Steel Corporation
Market Cap (USD): $12.42 B (June 1, 2025)
Country: United States
Sector: US Basic Materials
Industry: US Steel

10. Inner Mongolia Baotou Steel Union Co. Ltd

Company Profile: Inner Mongolia Baotou Steel Union Co. Ltd
Market Cap (USD): $11.51 B
Country: China
Sector: Chinese Basic Materials
Industry: Chinese Steel

11. Severstal PJSC

Company Profile: Severstal PJSC
Market Cap (USD): $11.06 B
Country: Russia
Sector: Russian Basic Materials
Industry: Russian Steel

12. Novolipetsk Steel PJSC

Company Profile: Novolipetsk Steel PJSC
Market Cap (USD): $8.82 B
Country: Russia
Sector: Russian Basic Materials
Industry: Russian Steel

13. JFE Holdings, Inc.

Company Profile: JFE Holdings, Inc.
Market Cap (USD): $7.99 B
Country: Japan
Sector: Japanese Basic Materials
Industry: Japanese Steel

14. Ternium SA

Company Profile: Ternium SA
Market Cap (USD): $6.29 B
Country: Luxembourg
Sector: Luxembourg Basic Materials
Industry: Luxembourg Steel

15. 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

16. Commercial Metals Company

Company Profile: Commercial Metals Company
Market Cap (USD): $5.87 B
Country: United States
Sector: US Basic Materials
Industry: US Steel

17. Gerdau SA

Company Profile: Gerdau SA
Market Cap (USD): $5.81 B
Country: Brazil
Sector: Brazilian Basic Materials
Industry: Brazilian Steel

18. SSAB AB

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

19. Kumba Iron Ore Ltd

Company Profile: Kumba Iron Ore Ltd
Market Cap (USD): $5.49 B
Country: South Africa
Sector: South African Basic Materials
Industry: South African Steel

20. CSN Mineração SA

Company Profile: CSN Mineração SA
Market Cap (USD): $5.17 B
Country: Brazil
Sector: Brazilian Basic Materials
Industry: Brazilian Steel

21. Vittoria Assicurazioni SpA

Company Profile: Vittoria Assicurazioni SpA
Market Cap (USD): $4.77 B
Country: Austria
Sector: Austria Basic Materials
Industry: Austria Steel

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

Company Profile: Eregli Demir ve Çelik Fabrikalari T.A.S.
Market Cap (USD): $4.61 B
Country: Turkey
Sector: Turkish Basic Materials
Industry: Turkish Steel

23. Vallourec SA

Company Profile: Vallourec SA
Market Cap (USD): $4.57 B
Country: France
Sector: French Basic Materials
Industry: French Steel

24. Kobe Steel Ltd

Company Profile: Kobe Steel Ltd
Market Cap (USD): $4.52 B
Country: Japan
Sector: Japanese Basic Materials
Industry: Japanese Steel

25. Cleveland-Cliffs Inc.

Company Profile: Cleveland-Cliffs Inc.
Market Cap (USD): $4.36 B
Country: United States
Sector: US Basic Materials
Industry: US Steel

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

Company Profile: Grupo Simec, S.A.B. de C.V.
Market Cap (USD): $4.28 B
Country: Mexico
Sector: Mexican Basic Materials
Industry: Mexican Steel

27. Hang Zhou Iron & Steel Co.,Ltd.

Company Profile: Hang Zhou Iron & Steel Co.,Ltd.
Market Cap (USD): $4.16 B
Country: China
Sector: Chinese Basic Materials
Industry: Chinese Steel

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

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

29. Yamato Kogyo Co. Ltd

Company Profile: Yamato Kogyo Co. Ltd
Market Cap (USD): $3.89 B
Country: Japan
Sector: Japanese Basic Materials
Industry: Japanese Steel

30. Nanjing Iron & Steel Co. Ltd

Company Profile: Nanjing Iron & Steel Co. Ltd
Market Cap (USD): $3.78 B
Country: China
Sector: Chinese Basic Materials
Industry: Chinese Steel

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