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Top 5 global steel firms
1- ArcelorMittal
Arcelor Mittal is a global steelmaker that has a presence in more than 60 countries. Its industrial presence in Europe, Asia, Africa and America gives the Group exposure to all the key steel markets. In 2008 the firm had revenues of US $124.9 billion and crude steel production of 103.3 million tonnes, which represents approximately 10% of world steel output. The steel manufacturer is also planning to develop positions in the high-growth Chinese and Indian markets.
Its construction industry products are offered by the firm’s Steel Solutions and Services operation. Operating more than 500 facilities in 32 countries, the firm offers a wide range of flat and long products, tubes and stainless steel. Its expertise lies in light steel-based solutions for cladding, roofing and flooring.
www.arcelormittal.com
2- Nippon Steel
The steel making and steel fabrication operations at Nippon Steel include some of the world’s most advanced technologies for medium-high grade steel requiring high processability, corrosion resistance and high-strength welds.
The firm offers a wide range of steel, plus services including processing and welding. Around 70% of the firm’s products are sold to the Japanese market; of the exported products, more than 70% are supplied to Asian countries.
In 1974, Nippon Steel established its engineering divisions in order to apply its engineering technologies to a diverse range of construction projects from steel, environmental and energy plants to buildings and long-span bridges. In July 2006, Nippon Steel Engineering was spun off as a separate company.
Building construction and steel structures account for 20% of the firm’s sales; steel plants and environmental solutions account for 30% of consolidated sales.
www.nsc.co.jp
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3- Baosteel Group
China-based Baosteel Group focuses on the production of hi-tech and high value-added premium steel, with an annual production capacity of around 30 million tonnes. Its steel products form three main categories – carbon steel, stainless steel and special alloy steel. They are sold both in the domestic market and exported to more than 40 countries and regions and a world market including Japan, South Korea, Europe and America.
The firm’s products are certified to ISO9001 and meet the standards for the API monogram and the JIS approval certificates. It was also among the first Chinese steel producers to achieve ISO14001 certification.
www.baosteel.com
4- JFE Steel Corporation
Tokyo-based JFE Steel was established in April 2003. It has three main production centers: two large coastal steelworks in eastern and western Japan; and the Chita Works, which specialises in the production of pipes and tubes.
The West Japan Works is one of the world’s largest steel mills and covers around 25.1 million m². The works has continuous, synchronised processes for iron making, steelmaking and rolling, and a flexible production system to meet client demands.
JFE Steel produces a wide range of steel sheets, including hot-rolled sheets made by hot rolling slabs, cold-rolled sheets made by cold rolling hot-rolled sheets, galvanised sheets and tinplate.
www.jfe-steel.co.jp/en
5- Posco
Established in 1968, Posco is South Korea’s largest steel producer. By 2008 it was on target to produce 50 million tonnes of crude steel per annum. The firm is expanding its production base into Vietnam and India.
Posco-Vietnam’s cold-rolling plant in the Phu My Industrial Complex near Ho Chi Minh City has a capacity of 1.2 million tonnes of steel a year. The annual output of cold-rolled steel products will be 700,000 tonnes a year, and cold-rolled-full hard steel products will be 500,000 tonnes a year.
Posco has also completed steel processing plants in India, Thailand and Japan. The firm’s products include tube steel, sheet steel and atmospheric corrosion resistant steel.
www.posco.com
See next page for top 6 Middle East steel firms
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