June 29, 2010Steel Industryby EconomyWatch

Steel Makers, World Class Steel Makers

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.

The parameters undertaken are like operating costs, ownership of lower cost ore and coal, productive workforce, quality products, balance sheet, for the product and domestic growth rate of the industry.
The World Steel Dynamics have ranked the , which are as follows:

Company Name Rank
TATA 1
Usinor 2
Posco 3
CSN 4
Baosteel 5
China Steel 6
Gerdau 7
Nucor 8
Car-Tech 9
Nippon Steel 10
Severstal 10
Dofasco 11

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