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World's largest steel producers; India 4th

Last updated on: July 1, 2011 14:28 IST

World's largest steel producers; India 4th

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According to figures released by World Steel Association (WSA), which lists the top 65 steel-making nations that account for 98 per cent of the world's steel production, the global steel output in 2010 was 1413.5 mmt; up from 1230.9 mmt in 2009.

India has slipped one position to become the fourth largest steel producer in the world, according to the WSA.

The tonnages are for all types of steel including stainless, and based on world steel reporting rules as regards part-owned steelworks.

WSA represents around 180 steel producers, including 18 of the world's 20 largest steel companies. Its members produce around 85 per cent of the global steel.

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World's largest steel producers; India 4th

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With production of 626.7 mmt, China remains on top of the list of the world's largest steel maker. Last year, China produced 573.6 mmt.

China's crude steel production for April 2011 was 59 mmt, up 7.1 per cent year over year.

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Image: A labourer works at a steel factory workshop in Hefei, Anhui province in China
Photographs: Reuters
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World's largest steel producers; India 4th

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Japan, too, retained its place as the second highest producer in 2010.  Its output for 2010 was 109.6 mmt, while in 2009 the production was 87.5 mmt.

In terms of crude steel, Japan produced 8.4 mmt, down 6.3 per cent year over year due to the production disruption caused by the recent earthquake and tsunami.

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Image: A worker walks past rolls of galvanized steel in a storage shed at the Nippon Steel Corp. Kimitsu steel mill in Kimitsu, near Tokyo
Photographs: Michael Caronna/Reuters
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World's largest steel producers; India 4th

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Marching past India and Russia, the United States became the third largest producer of the alloy with 80.5 mmt output in 2010.

It was the fifth largest steel maker in 2009 with output of 58.2 mmt.

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Photographs: Reuters
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World's largest steel producers; India 4th

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India, on the other hand, slipped one step to become the fourth largest steel producer in the world in 2010 with 68.3 million tonnes (mmt) production.

India had produced 63.5 MMMT steel in 2009.

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Image: A labourer works inside a steel factory in Kanpur
Photographs: Pawan Kumar/Reuters
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Despite 6.9 mmt additional production, Russia also closed the year one notch down to become the fifth highest maker of the alloy in the world.

It produced 66.9 mmt steel in 2010. And, in 2009 its production stood at 60.0 mmt.

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Taking further, WSA also features five largest steel producing world steel member companies in 2010.

The main producers were ArcelorMittal, Baosteel, Posco, Nippon Steel and JFE and their cumulative contribution was 236.7 MMMT to the world's total production.

On this list, Tata Steel's 23.2 mmt production was the world's seventh largest in 2010 and Steel Authority of India (SAIL) was at the 18th position with 13.6 mmt production.

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Photographs: Reuters
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Incidentally, these five were the top-five steel makers in 2009 as well. In 2010, their output was as follows:

 

2010

2009

1.

ArcelorMittal

98.2 mmt

ArcelorMittal

77.5 mmt

2.

Baosteel

37.0 mmt

Baosteel

31.3 mmt

3.

POSCO

35.4 mmt

POSCO

31.1 mmt

4.

Nippon Steel

35.0 mmt

Nippon Steel

26.5 mmt

5.

JFE

31.1 mmt

JFE

25.8 mmt


Image: Cold drawn steel bars
Photographs: Ina Fassbender/Reuters
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