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In the manufacturing sector of the world steel is one of the top products.
Top Ten Steel Producing Countries
Major steel producing countries over the world for the period Jan-June 2007 is as follows:
Country |
Production (Million Metric Tones) |
China |
237.5 |
EU 27 |
108.3 |
Japan |
59.4 |
USA |
48.5 |
Russia |
30.8 |
S Korea |
25.7 |
India |
22.9 |
Ukraine |
21.3 |
Brazil |
16.3 |
Turkey |
12.6 |
Source: International Steel Iron Institute
The world Steel Dynamics has pointed out 12-world class steel makers keeping in view various criterions.
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The parameters undertaken are like operating costs, ownership of lower cost ore and coal, productive workforce, quality products, balance sheet, market for the product and domestic growth rate of the industry.
The World Steel Dynamics have ranked the companies, which are as follows:
| Company Name | Rank |
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TATA | 1 |
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Usinor | 2 |
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Posco | 3 |
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CSN | 4 |
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Baosteel | 5 |
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China Steel | 6 |
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Gerdau | 7 |
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Nucor | 8 |
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Car-Tech | 9 |
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Nippon Steel | 10 |
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Severstal | 10 |
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Dofasco | 11 |
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