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As per report steel is consumed widely all over the world and there are only 64 of the world’s 193 plus countries produced steel in the significant quantity
And these 64 countries produced around 98% of the world steel in 2020
Doubtfully many industries, steel production reduced because of covid 19 pandemic comparatively well, with years 2019 to 2020 production falling less than 1% in 2020
International market steel production reached 1,950
5 million tons in 2021 and increase of 3
7% from the earlier total of 1,880
4 matric tons in 2022
And top 10 steel production countries in the world and million tons in 2021
1st China produced and sell steel around 1,033 million tons , 2nd India produced 118 million tons steel, 3rd Japan 96
3 million tons steel produced, 4th United states 86 million tons steel produced, 5th Russia Produced 76 million tons steel, 6th South Korea 70
6 million tons steel produced, in order turkey, Germany, Brazil, and Iran produced 145 million tons steel as well
Top 10 steel companies in Europe
Global crude steel production reached approximately 1
9 billion metric tons in 2020, some 7
4% of which is attributed to European production
In the same year, the European Union was the second largest producing region, with China sowing all the other countries and accounting for more than half of the world’s production
In all years recorded
Germany is the largest producer of crude steel, accounting for more than quarter of all crude produced within the European Union
Read more:steel workout products kitchen And Italy is the second largest producer of all year, accounting for about 15% of production within the Eu-28 by 2022
Europe was home to some of the world’s oldest and largest steel companies, such as ArcelorMittal, headquartered in Luxembourg
With a production of approximately 78
5 million metric tons in 2020, ArcelorMittal was the world’s second largest steel producer after the China Bao Group
And as per world steel association, the European industries produced 138
8 million mt of steel in 2020
Which country is the largest producer of steel?
According to the statistics of the World Steel Association, Iran is still among the top 10 steel producing countries in the world, producing 7
5 million tons in the first three months of the year from China with 27 million tons, India with 29
6 million tons and Japan with 23 7
7 million tons, USA with 20
4 million tons, Russia with 18
9 million tons, South Korea with 17
6 million tons, Germany with 10 million tons, Turkey with 9
8 million tons, Brazil with 8
7 million Ton is in tenth place
As per world steel association report China is the largest producer of steel in the world, this year production is 81
7 million tons stee in January 2022
And India is the second largest producer with10
8 million tons steel, it’s up to 4
7%
Japan produced 7
8 million tons steel and united state produced 7
3 million tons steel and it’s up to 4
2%
Iron and steel industry in world
As per world steel association major iron and steel producing countries in the world are China, Japan, India, USA, South Korea, Russia, Germany Turkey, Brazil, Italy, Taiwan, Ukraine, Mexico, France, Spain, and other countries
China has been one of the oldest manufacturers of traditional hand-made iron
Before In World War II, only Manchuria was producing large quantities of steel
At the end of the war, the steel industry in Manchuria was destroyed
Old steel plants rebuilt
Modern technology and many new integrated steel plants were installed
And there are iron and steel plants largely attention in the following three industrial areas
Southern Manchuria, northern China, and lower Yangtze valley
The iron and steel industry in India is well developed
India produces about 5% of the world’s crude steel and 4% of finished steel
During 2018, India produced about 106
5 million tons of crude steel and about 72 million tons of pig iron
Read more: Tata Steel Products
Largest steel plant in Asia
In Asia bhilai steel plant is the largest iron and steel plant in India
Bhilai Steel Plant is the primary and leading manufacturer of steel rails and a leading manufacturer of wide steel plate and other steel related products, Bhilai in the state of Chhattisgarh, India
The company also processes steel and exports separate industrial by-products from its coke and coal-fired chemical factory
Jindal Stainless Limited (JSL) is one of the largest integrated stainless-steel manufacturers in India
The Odisha plant has world-class technology and equipment sourced from Siemens VAI, SMS Siemag and Andritz Sundwig and is equipped with a sophisticated, ferro-alloy setup and captive power generation unit, providing a unique and wide range of products
And China Baowu Steel Group company is the largest plant in China and only second to ArcelorMittal in the world
Ans the PSMC is largest steel plant in Pakistan, headquartered in Karachi, Sindh
Mobarakeh steel company it’s an Iranian company located 65 km southwest of Esfahan near the city of Mobarakeh and this is largest steel company in Iran
Steel exports by country
World dominant steel production exporters in 2020 and China is 1st in ranking, China exported 51
39 million tons steel in the global market of its production
It towers above all other countries
and Japan is the 2nd this country exported steel products around 30 million tons, in raking Russia is 3rd country and as per report Russia exported 28
57 million tons steel, South Korea exported 27
62 million tons steel products, Germany is the 5th exporter with 21
23 million tons steel products and turkey, India, Ukraine, Italy, Belgium, Brazil these countries export 89
33 million tons steel products
In 2020, Western European countries exported about 7
6 million metric tons of stainless steel, of which about 6
8 million metric tons were traded internally
In the same year, Asian countries exported about ten million metric tons of stainless steel
Conclusion All information mentioned above providing to the buyers who want to buy steel production
As per market report this year steel demand will increase day by day compare to last year, so that’s why our mission is looking to find our place in international market with best quality and competitive price for the buyers and we guarantee the best market for the steel products
