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BRUSSELS (Scrap Monster): The World Steel Association (worldsteel) has published the 2016 edition of ‘World Steel in Figures’. The yearly publication provides latest updates on the happenings in global steel industry along with key facts and figures for the year 2015.
According to the report, global economy is currently passing through a difficult phase as markets adjust to slower Chinese economic growth. The world crude steel production dropped nearly 3% from 1,670 million tonnes (Mt) in 2014 to 1,621 Mt in 2015. The Chinese share in global crude steel production dropped from 45.9% in 2014 to 44.8% in 2015. The concerns over excess capacity increased further during 2015. However, with development of new markets and emerging new applications of steel, the global steel industry is expected to register growth during forthcoming years.
Top steel-producing countries
The top twenty steel-producing countries in 2015 is listed in the below table. It must be noted that the tonnage is in million tonnes.
Rank | Country | Tonnage |
1 | China | 803.8 |
2 | Japan | 105.2 |
3 | India | 89.4 |
4 | United States | 78.8 |
5 | Russia | 70.9 |
6 | South Korea | 69.7 |
7 | Germany | 42.7 |
8 | Brazil | 33.3 |
9 | Turkey | 31.5 |
10 | Ukraine | 23.0 |
11 | Italy | 22.0 |
12 | Taiwan, China | 21.4 |
13 | Mexico | 18.2 |
14 | Iran | 16.1 |
15 | France | 15.0 |
16 | Spain | 14.8 |
17 | Canada | 12.5 |
18 | UK | 10.9 |
19 | Poland | 9.2 |
20 | Austria | 7.7 |
Major Steelmakers in the world
The table below lists the top twenty steelmakers of the world during 2015.
Rank | Company | Tonnage |
1 | ArcelorMittal | 97.14 |
2 | Hesteel Group | 47.75 |
3 | NSSMC | 46.37 |
4 | POSCO | 41.97 |
5 | BaoSteel Group | 34.94 |
6 | Shagang Group | 34.21 |
7 | Ansteel Group | 32.50 |
8 | JFE Steel Corporation | 29.83 |
9 | Shougang Group | 28.55 |
10 | Tata Steel Group | 26.31 |
11 | Wuhan Steel Group | 25.78 |
12 | Shandong Steel Group | 21.69 |
13 | Hyundai Steel | 20.48 |
14 | Nucor Corporation | 19.62 |
15 | Maanshan Steel | 18.82 |
16 | Thyssenkrupp | 17.34 |
17 | Gerdau | 17.03 |
18 | Tianjin Bohai Steel | 16.27 |
19 | NLMK | 16.05 |
20 | Jianlong Group | 15.14 |
Note: Tonnage in million tonnes (Mt)
Major Importers of Steel in 2015
Rank | Country | Tonnage (Mt) |
1 | China | 111.6 |
2 | Japan | 40.8 |
3 | EU-28 | 33.8 |
4 | South Korea | 31.2 |
5 | Russia | 29.7 |
6 | Germany | 25.1 |
7 | Ukraine | 17.7 |
8 | Italy | 16.5 |
9 | Belgium | 15.2 |
10 | Turkey | 15.0 |
Major Exporters of Steel in 2015
Rank | Country | Tonnage (Mt) |
1 | EU-28 | 37.7 |
2 | United States | 36.5 |
3 | Germany | 24.8 |
4 | South Korea | 21.7 |
5 | Italy | 19.9 |
6 | Turkey | 18.6 |
7 | Vietnam | 16.3 |
8 | Thailand | 14.6 |
9 | France | 13.7 |
10 | India | 13.3 |
Regions with the highest apparent steel use per capita
Rank | Country | Tonnage (Mt) |
1 | Asia | 977.5 |
2 | EU-28 | 153.3 |
3 | NAFTA | 134.5 |
4 | Middle East | 53.0 |
5 | CIS | 50.0 |
6 | Central & South America | 45.4 |
7 | Other Europe | 40.1 |
8 | Africa | 39.0 |
About World Steel Association
The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world. worldsteel represents approximately 150 steel producers (including 9 of the world's 10 largest steel companies), national and regional steel industry associations, and steel research institutes. worldsteel members represent around 85% of world steel production.
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