Economy
Top 50 Steel Producing Companies in 2013
Written by Brett Linton
August 7, 2014
A recent report from the World Steel Association named the top 50 steel producing companies for 2013. ArcelorMittal was the worlds largest producer with 96.1 million metric tons of steel produced, followed by Nippon Steel & Sumitomo Metal Corporation producing 50.1 million tons. Third place, with 45.8 million tons, went to Hebei Steel Group, followed by Baosteel Group with 43.9 million tons and Wuhan Steel Group with 39.3 million tons. The remainder of the top 10 producers included POSCO, Shagang Group, Ansteel Group, Shougang Group, and JFE. No U.S. steel producers made the top ten.
The full table of the top producing companies is below:
Brett Linton
Read more from Brett LintonLatest in Economy
ArcelorMittal plans wire-drawing closure in Hamilton, shifts production to Montreal
ArcelorMittal’s (AM) Hamilton location to be shuttered, wire production shifting to Montreal.
Beige Book finds growing economic, policy uncertainty
All districts reported "hesitancy and a cautious approach to business and household decisions,” according to the Beige Book.
ISM: Manufacturing continues to contract in May
May marks the third consecutive month US manufacturing activity declined, according to supply executives contributing to the Institute for Supply Management (ISM)’s latest report.
Chicago PMI decreases 4.1 points in May
The Chicago Business Barometer reports that decreases in new orders, order backlogs, and softer production pulled the index down by 4.1-points to 40.5, in May.
Architecture firms struggle through April
For the third month in a row, architecture firms reported a reduction in billings through April, according to the latest Architecture Billings Index release.