The List of Largest U.S. Steelmakers by Revenue in 2024
Cleveland-Cliffs, North America’s largest flat-rolled steel producer, reported a revenue of $19.2 billion during the previous year.
SEATTLE (Scrap Monster): About 5% of the world's steel market is accounted for by the United States. Numerous well-known steelmakers in the nation produce a broad variety of sustainable and high-quality steel products.
In 2024, Nucor Corporation, based in Charlotte, North Carolina, recorded $30.73 billion in revenue. About 32,000 people are employed by the 1955-founded corporation. Launched in 2023, the company's 'Made for Good' campaign emphasizes the employment of the cleanest techniques in steel production.
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The biggest producer of flat-rolled steel in North America, Cleveland-Cliffs, recorded $19.2 billion in revenue last year. The company's 2020-opened Toledo facility is the most advanced, effective, and ecologically friendly Direct Reduction Plant in the world. Nearly 30,000 people work for the corporation, which is based in West Chester Township, Ohio.
Steel Dynamics, Inc., a company established in Fort Wayne, Indiana, generated $17.5 billion in revenue in 2024. Additionally, United States Steel Corporation (U.S. Steel), situated in Pittsburgh, Pennsylvania, made $15.6 million in revenue the year before.
It was projected that the value of the world steel market was $1.47 trillion in the previous year. Between 2025 and 2030, it is anticipated to expand at a compound annual growth rate (CAGR) of about 4.6%.