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2019 global steel production list top 50
Time:2019-07-04 Source: Hits:

2019 global steel production list top 50

The global steel ranking is a manifestation of the performance and competitiveness of the company's production capacity, 2019. According to world steel statistics, more than half of China's steel industry 

accounts for more than half of the world's top 50 steel producers. It truly reflects the scale advantage of China's steel industry on a global scale.

     World Steel Association released "World Steel Statistics 2019" on June 3, and released the list of the world's top 50 steel companies. ArcelorMittal's crude steel output of 96.42 million 

tons (an increase of 970,000 tons year-on-year) is the world's largest steel company on the list. China's Hebei Donghai Special Steel became the 50th in the list with a crude steel output of 7.61 million tons.

Compared with the 2018 global top 50 steel companies, the last Kobe steel has an output of 350,000 tons of crude steel. Therefore, from 2018 to 2019, despite the slowdown in global steel consumption growth, 

crude steel production is still rising.

     Among the new list of the world's top 50 steel companies, China's steel companies have performed well, and China's 28 companies have stabilized the world's top 50 scale. In particular, the top 10, 

six are Chinese steel companies. This year's list also reflects some of the new and welcome changes in Chinese steel companies:

    On the one hand, mergers and acquisitions are becoming a new way for Chinese steel companies to rapidly increase crude steel production and exert economies of scale. This is reflected in the Jianlong Group, 

which entered the list of the top 10 steel companies in the world for the first time this year.

     In the list released in 2018, Jianlong Group ranked 17th in the world with 16.45 million tons of crude steel output, and this year's list surpassed Shougang Group's 9th place with a crude steel output of 27.88 million tons. 

In just one year, crude steel production increased by 11.43 million tons, the reason behind which is mergers and acquisitions.

     On the other hand, the improvement of the production capacity of Ute Steel is also a new change for Chinese steel companies. This change is reflected in the newly-listed Qingshan Holding Group and Fangda Group. 

However, the low concentration of industry in China's steel industry is a problem. China's steel industry is highly dispersed and industrial concentration needs to be improved.

     From the perspective of production scale, the annual output of Baowu Group, which has the largest output among steel enterprises, reached 67.43 million tons, while the annual output of Hebei Donghai Special Steel 

with the smallest output was only 7.61 million tons. It can be seen that the scale of Chinese steel enterprises still remains very large. Big gap.

     The only constant in the world is the change itself. Occupy the world's top 50 steel companies "half of the country" is only an affirmation of the scale advantage of China's steel industry, but we still have a long way to 

enhance our core competitiveness and create a "super steel enterprise" with international influence and competitiveness. The road is going.

     As China's steel industry enters a new era of high-quality development, China's steel enterprises will gradually develop from the scale of production capacity to the high-end field of the industrial chain, and accumulate new 

competitive advantages in the process of continuous technological innovation.

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