Top Steel Producing Countries In The World
Steel, due to its flexibility, durability, and malleability is emerging as an alternative to the traditional iron. Production of steel was never east before the invention of the Bessemer process. The Bessemer process named after its inventor, a Briton named Sir Henry Bessemer. Due to Inventions and technological advancements, steel production is a huge global industry. Today there are many grades and types of steel available in the market. Steel is classified broadly into Stainless Steel, Alloy Steel, Tool Steel, and Carbon Steel. China, Japan, India, US, Russia, South Korea, Germany, Brazil, Turkey, and Ukraine are top steel producing countries.
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Below is the detail description of the top steel producing countries in the world and about the total production.
Which country produces the most steel in the world?
The Top 10 Steel Producing Countries In The World
China produced 803.83 million metric tons of Crude Steel in 2015. It produced 50.3% of the world’s total production. China has the largest steel producing companies, mostly owned by Hebei Iron and Steel Group, Angang Steel Company, Baosteel, Wuhan Iron and Steel Corp, and Jiangsu Shagang Company. The rapid development of China’s economy has made it the top user country’s steel.
Large-scale production of steel makes China’s steel cheaper and extremely competitive in the global market. Many countries tackled to charge an import tax on steel imports from China to encourage expenditure of locally made steel.
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Japan accounted for 105.15 million metric tons of the global production of crude steel in 2015. Two companies of Japan are ranking top ten global steel producing companies. Nippon Steel and Sumitomo Metal and JFE Holdings are the companies which are ranking top ten global steel producing companies. Nippon Steel has headquarters in Chiyoda which is located in Tokyo in Japan with plant facilities all across the country. The headquarters of JFE Holdings is also in Chiyoda. JFE is a corporation with some subsidiaries in many countries interesting in steel production.
One of its primary subsidiaries the California Steel is in the US. Production of steel in Japan is mainly centralized around city ports such as Kobe-Osaka, Himeji, and Tokyo-Yokohama to facilitate shipping of exports and import of raw materials.
Which country is the 2nd largest steel producing country?
India produced 89.58 million metric tons of crude steel in 2015. The first iron and steel production plant the Tata Iron and Steel Company Ltd was established in 1907. The growth of the steel industry in India has been due to the abundance of iron ore and coal deposits and availability of labor. The steel industry in India subsidize around 2% of its total GDP and employs over 600,000 people. India becomes the 2nd largest steel producing country in the world due to investments and government’s efforts in the steel industry.
The top steel producing company Rashtriya Ispat Nigam Ltd is owned by the government. Its headquarters is in Visakhapatnam in India. It has utilized cutting-edge technology to ramp up large-scale production and quality assurance. The second largest company in India is Tata Steel, its headquarters are in Mumbai, Maharashtra State. Tata Steel has production plants in 26 countries across the world.
The United States
US Steel Companies produced 78.92 million metric tons of crude steel of the global production in 2015. First Steel production plant was set up in Massachusetts in 1629. Today, the US is home to over 100 steel production plants in district regions all over the country. Most of the steel production is in the Pittsburg-Youngstown with many industries in its districts. Most of the locally produced steel is consumed by the automobile industries in Detroit and Michigan. Major steel producing companies in the US are U.S. Steel, Nucor, and AK Steel. The industry employs over 142,000 people.
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Economics and Environmental Effects of the Steel Industry
In 2015, other countries with massive production of steel included Russia, which produced 71.11 million metric tons in the same year. South Korea produced 69.73 million metric tons, Germany with 42.68 million metric tons, Brazil produced 33.25 million metric tons, Turkey with 31.52 million metric tons produced and Ukraine produced 22.93 million metric tons of steel.
Today Steel is used in different industries in the world mainly in construction as a primary resource and also in the automobile production industry. To ensure durability consumer products such as home appliances and kitchen utensils are also made of steel. There has been increased awareness in regards to the significance of steel production, especially that it relates to the environment. The extraction of coal and radiation of greenhouse gases advantage the climate change and environmental degradation.
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