This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association. The list ranks steelmakers by volume of steel production in millions of tons over time and includes all steelmakers with production over 10 million in 2021.
The World Steel Association features a list from its members every year. Due to mergers, year-to-year figures for some producers are not comparable. Not all steel is the same. Some steel is more valuable than other steel, so the volume is not the same as turnover.
Some of the world's leading steel producers include China Baowu Group and ArcelorMittal. Notable players from China are HBIS Group, Ansteel Group, and Shagang Group. Japan's Nippon Steel Corporation is renowned for quality. POSCO Holdings from South Korea is also a significant contributor. In India, Tata Steel and JSW Steel are key players in the steel industry.
Steelmakers from multiple different countries, such as Algeria, Argentina, Australia, Austria, Brazil, Canada, Chile, China, Denmark, Egypt, Finland, France, Germany, India, Iran, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, Norway, Pakistan, Poland, Romania, Russia, Saudi Arabia, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, Ukraine, the United Kingdom and the United States, are included in the list associated with their volumes used as figures.
Top producers by volume
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Other steel producers
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Steel producers merged with other companies, split into other companies or no longer operational
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Notes
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Tata steel wikipedia
References
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For structural steel fabricators looking to try and make their way into the upper echelons of the industry, it’s often important to learn and network with the best. This means looking at some of the adopted strategies. So, here’s a rundown of some of the top large structural steel fabricators in the country, along with key statistics and their specialties.
Based in Mayville, WI, this is one of the largest structural steel fabricators in the country. Recent statistics show that it brought in $519.9 million in revenue in 2019, and had approximately 2534 employees. Their main areas of focus are transportation, marine projects, as well as the military/defense.
Based in Detroit Lakes, MN, this fabricator brought in $242 million in revenue in 2019 and has 1305 employees. Their main areas of focus include agriculture, construction, as well as the energy industries. They’ve also worked on recreational vehicles like RVs and ATVs.
This company brought in a 2019 revenue of $230 million and has 1200 employees in total. Some of the industries they service include agricultural equipment, materials handling, mining equipment, as well as construction and transportation. They are based in Vestavia Hills, AL.
This Chicago steel fabrication company has 850 employees and brought in $225 million in revenue in 2019. Some of their areas of specialty include Class 8 transportation, construction, mining, and industrial equipment.
With $183 million in 2019 revenue and 1000 employees, this Des Plaines, IL-based company is one of the first names you think of when you think of large structural steel fabricators. Special areas of service include the agriculture industry, heavy equipment, and military projects.
Based in Fort Worth, TX, this company has 850 employees and brought in $175 million in revenue in 2019. Some of their serviced markets include the defense industry, trucks and trailers, materials handling, railroads, and oil/gas.
This fabricator is based out of Hartford, WI. They have 600 employees and brought in $132 million in revenue in 2019. Some of their main service markets include construction, electronics, as well as railroads.
In 2019, this Georgetown, MA-based company brought in $124 million in revenue. Their 550 employees specialize in areas like aerospace, electronics, logistics, fitness, and health.
This steel fabricator is based out of South Bend, IN. Their 373 employees brought in $105 million in revenue in 2019. The main industries that they serve include aircraft, the automotive aftermarket, prototyping, and military vehicles.
Headquartered in Dresser, WI, this company brought in $105 million in revenue in 2019 and has 700 employees. Some of their primary areas of focus include cloud infrastructure, fiber optics, and renewable energy.
Based in De Pere, WI, this company brought in $102 million in revenue in 2019. It has 430 employees and specializes in energy, food processing, and the medical industry. Some of their major projects include a customized power project on top of 11 Times Square in New York City.
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This Monticello, MN-based fabricator brought in $92 million in revenue in 2019 and has 470 employees. Some of their main areas serviced include the rail/locomotive market, construction, and heavy equipment.
Run from Morton, IL, this company has 530 employees and brought in $85 million in 2019. Some of the main markets it services include general manufacturing, mining, power sports, agriculture, and defense.
With headquarters in Boca Raton, FL, this company has 373 employees and brought in $78 million in 2019. Its main areas of focus include food service, transportation, and appliance manufacturing.
Based in Saginaw, MI, this fabricator has 400 employees and brought in $78 million in 2019. Some industries they service include the chemical, aerospace, defense, and mining industries.
Headquartered in Brookville, PA, this company has 401 employees and brought in $76.8 million in 2019.
Some of the main industries they service include forestry, construction, mining, and agriculture.
Operating out of Cleveland, Ohio, this fabricator has 300 employees and brought in $65 million in 2019.
Some of their main service markets include marine work, construction, energy, rail/locomotive, and the chemical industry.
Based in Jackson, TN, this company has 320 employees and had $63 million in revenue in 2019. Some of their key markets serviced are agriculture, recreation, and food service.
This fabricator has its headquarters in Albert Lea, MN. It has 300 employees and brought in $60 million in revenue in 2019. Some of their areas of expertise include transportation, recreational vehicles, aerospace, and forestry.
Trex is headquartered in Minneapolis, MN, and has 165 employees. Its 2019 revenue was $55 million, and past projects include Amazon University and the State Farm Arena.
Running out of Mount Joy, PA, this company has 300 employees and $53.2 million in 2019 revenue. It specializes in servicing the construction industry.
Based in West Jordan, UT, this company is in the 1,001-5,000 employee range and brings in average annual revenue of $450 million. In addition, in 2019, they were selected as the Specialty Contractor of The Year. One of their major past projects is CityCenter in Las Vegas.
Based in Topeka, KS, this company brings in $229.3 million annually on average and is in the 201-500 employee range. Some of their past projects include Whiteman Airforce Base and the CoreFirst Bank building.
With projects like the East Market in Philadelphia and The Wharf in Washington, D.C., this company has done work along the East Coast. It is in the 51-200 employee range and brought in $30.1 million in revenue last year.
With an average revenue from $50 million to $100 million annually, Steel Fabricators is one of the largest structural steel providers in Florida, the Southeast U.S, and the Caribbean. Past projects include Dolphins Stadium in Miami.
Conclusion on the Largest Structural Steel FabricatorsThe larger that structural steel fabricators get, the larger the job volume they need to take on in order to stay afloat. This can lead to logistical problems with regard to keeping track of the progress of one job to the next. There are still added considerations like labor/material calculations to ensure your bids and prices are a good business fit for you.
Because of this, if structural steel fabricators aspire to reach these heights, they should be looking into implementing project management software like eSUB. This makes it possible for them to have all business data present in the cloud, as well as using analytics to inform business decision-making.