Largest steel industry companies by market capitalization

By Nicole Green

Last Updated:

Rank Logo Name Ticker Market Cap Price Today % Country
1 JSW Steel JSWSTEEL.NS $31.57 B $12.94 0.05% India
2 Nucor NUE $31.09 B $135.49 0.67% USA
3 ArcelorMittal MT $27.39 B $35.74 0.21% Luxembourg
4 Tata Steel TATASTEEL.NS $24.22 B $1.94 0.16% India
5 Nippon Steel 5401.T $22.10 B $21.13 1.99% Japan
6 Baosteel 600019.SS $20.74 B $0.95 1.02% China
7 Steel Dynamics STLD $20.11 B $136.65 0.21% USA
8 Tenaris TS $18.71 B $34.88 0.56% Luxembourg
9 POSCO PKX $15.31 B $49.85 2.07% S. Korea
10 Reliance RS $14.93 B $284.06 0.10% USA
11 Jindal Steel & Power JINDALSTEL.NS $12.05 B $11.85 0.09% India
12 Carpenter Technology CRS $11.70 B $234.89 0.64% USA
13 Severstal CHMF.ME $9.74 B $11.59 0.04% Russia
14 China Steel 2002A.TW $9.72 B $1.30 0.13% Taiwan
15 Citic Pacific Special Steel Group 000708.SZ $9.14 B $1.81 1.10% China
16 Thyssenkrupp TKA.F $8.37 B $13.42 1.08% Germany
17 JFE Holdings 5411.T $8.04 B $12.64 0.03% Japan
18 Novolipetsk Steel NLMK.ME $7.72 B $1.29 0.26% Russia
19 Ternium TX $6.82 B $34.76 0.93% Luxembourg
20 BlueScope Steel BSL.AX $6.47 B $14.76 0.27% Australia
21 Commercial Metals Company CMC $6.42 B $57.36 0.57% USA
22 Steel Authority of India SAIL.NS $6.35 B $1.54 0.13% India
23 Posco International 047050.KS $6.11 B $35.90 3.90% S. Korea
24 Gerdau GGB $6.02 B $3.09 0.64% Brazil
25 Cleveland-Cliffs CLF $5.90 B $11.94 1.79% USA
26 Voestalpine VAS.F $5.77 B $33.49 0.69% Austria
27 SSAB SSAB-B.ST $5.57 B $5.55 1.80% Sweden
28 Erdemir EREGL.IS $5.25 B $0.78 3.18% Turkey
29 Kobe Steel 5406.T $4.77 B $12.13 0.00% Japan
30 Vallourec VK.PA $4.40 B $18.51 0.53% France
31 Grupo Simec SIMECB.MX $4.24 B $9.21 0.57% Mexico
32 Acerinox ACX.MC $3.19 B $12.82 0.72% Spain
33 Danieli & C. Officine Meccaniche DAN.MI $2.90 B $45.05 1.53% Italy
34 İsdemir ISDMR.IS $2.81 B $0.97 4.08% Turkey
35 Aperam APAM.AS $2.34 B $32.44 0.72% Luxembourg
36 Viohalco VIO.BR $2.19 B $8.44 0.70% Belgium
37 Outokumpu OUT1V.HE $2.10 B $4.46 0.10% Finland
38 Companhia Siderúrgica Nacional SID $2.09 B $1.54 0.65% Brazil
39 Maruichi Steel Tube 5463.T $1.94 B $25.62 0.34% Japan
40 Ternium Argentina TXAR.BA $1.92 B $0.43 2.34% Argentina
41 Alleima AB ALLEI.ST $1.89 B $7.57 1.17% Sweden
42 Godawari Power & Ispat GPIL.NS $1.89 B $2.93 2.45% India
43 Gallantt Ispat GALLANTT.NS $1.80 B $7.47 0.14% India
44 Daido Steel 5471.T $1.75 B $8.78 0.19% Japan
45 Worthington Steel WS $1.58 B $31.18 8.21% USA
46 Salzgitter SZG.F $1.54 B $28.65 0.91% Germany
47 Labrador Iron Ore Royalty Corp. LIF.TO $1.30 B $20.45 0.14% Canada
48 Aichi Steel 5482.T $1.20 B $18.83 0.53% Japan
49 Vesuvius India VESUVIUS.NS $1.17 B $5.79 0.14% India
50 Ramkrishna Forgings RKFORGE.NS $1.09 B $6.08 3.91% India
51 Usiminas USIM5.SA $1.04 B $0.84 0.68% Brazil
52 Kirloskar Ferrous Industries KIRLFER.NS $0.86 B $5.18 1.74% India
53 Mishra Dhatu Nigam MIDHANI.NS $0.83 B $4.44 0.20% India
54 Steel Partners SPLP $0.80 B $42.25 1.29% USA
55 Insteel Industries IIIN $0.74 B $38.33 0.75% USA
56 Metallus MTUS $0.70 B $16.82 0.18% USA
57 Saudi Steel Pipes 1320.SR $0.69 B $13.72 2.59% S. Arabia
58 Kyoei Steel 5440.T $0.68 B $15.68 0.69% Japan
59 Klöckner & Co KCO.DE $0.65 B $6.53 0.36% Germany
60 Osaka Steel 5449.T $0.56 B $19.03 0.89% Japan
61 Al-Yamamah Steel Industries Company 1304.SR $0.48 B $9.60 0.61% S. Arabia
62 Tata Steel Long Products TATASTLLP.NS $0.44 B $9.98 0.07% India
63 Algoma Steel ASTL $0.42 B $4.06 2.40% Canada
64 Chubu Steel Plate 5461.T $0.41 B $15.19 1.02% Japan
65 Kalyani Steels KSL.NS $0.39 B $9.00 0.50% India
66 Olympic Steel ZEUS $0.35 B $31.45 1.43% USA
67 Prakash Industries PRAKASH.NS $0.34 B $1.95 2.44% India
68 Stalprodukt STP.WA $0.33 B $66.57 0.00% Poland
69 Eisen- und Hüttenwerke EIS.F $0.31 B $18.11 0.00% Germany
70 Arabian Pipes Company 2200.SR $0.31 B $1.57 0.17% S. Arabia
71 MM Forgings MMFL.NS $0.17 B $3.71 2.23% India
72 Bisalloy Steel Group BIS.AX $0.16 B $3.46 3.52% Australia
73 National Metal Manufacturing and Casting 2220.SR $0.16 B $4.61 0.80% S. Arabia
74 ADF Group DRX.TO $0.15 B $5.66 1.01% Canada
75 Friedman Industries FRD $0.15 B $22.25 0.18% USA
76 Al Jazeera Steel Products ATMI.OM $0.15 B $1.24 0.63% Oman
77 Severfield SFR.L $0.12 B $0.41 3.47% UK
78 Tubos Reunidos TRG.MC $0.10 B $0.59 1.56% Spain
79 Steel & Tube Holdings STU.NZ $71.02 M $0.39 3.88% New Zealand
80 Swiss Steel STLN.SW $49.53 M $1.61 11.11% Switzerland
81 ZK International Group ZKIN $13.29 M $2.58 10.52% China
82 Zwahlen & Mayr SA ZWM.SW $12.99 M $185.06 17.78% Switzerland

*This list highlights the leading companies in this category, ranked by their market value. Only publicly traded companies are included, since private companies don’t share enough financial details to estimate their value.

Market capitalization (or market cap) is the total value of a public company. It’s usually calculated by multiplying the company’s share price by the number of shares available.

Stock prices may not always be live and can be delayed from a few minutes to several hours.

All company logos are owned by their respective copyright holders and are shown here for editorial use only.