Top 10 steel industries in china

Top 10 steel industries in china stands as a cornerstone of its economic prowess, with several companies leading both domestically and globally. These top steel producers have significantly influenced global steel production through their innovation, capacity, and strategic initiatives. Here’s an overview of the top 10 steel industries in China:
1. China Baowu Steel Group
As the largest steel producer in China, China Baowu Steel Group achieved a crude steel production of 130.77 million tonnes in 2023. The company has set ambitious sustainability goals, aiming to reduce carbon emissions per ton of steel by 30% by 2035 and achieve carbon neutrality by 2050. Mid west steel supply+1worldsteel.org+1
2. Ansteel Group
Following its merger with Benxi Steel, Ansteel Group became the world’s third-largest steel manufacturer, producing 55.89 million tonnes of crude steel in 2023. The group focuses on innovation, notably applying advanced high-strength steel (AHSS) to reduce vehicle weight, thereby enhancing fuel efficiency and lowering emissions. Mid west steel supply+1worldsteel.org+1
3. HBIS Group
HBIS Group produced 41.34 million tonnes of crude steel in 2023, securing its position as a leading steelmaker. The company is recognized for adopting green technologies, including hydrogen-based steel production, and was awarded the “Sustainability Champion” title by the World Steel Association in 2023. worldsteel.org+1Mid west steel supply+1Mid west steel supply
4. Jiangsu Shagang Group
Jiangsu Shagang Group, a prominent private steel manufacturer, produced 41.45 million tonnes of crude steel in 2023. Despite a 7.6% decline in revenue in 2022, Shagang maintains global standards with certifications such as API, CARES, CE, and DCL. Mid west steel supply+1worldsteel.org+1
5. Jianlong Group
With a production of 36.99 million tonnes of crude steel in 2023, Jianlong Group focuses on developing high-end specialized steel products and investing in environmentally friendly production processes. The company participates in international collaborations to improve steel production efficiency and reduce environmental impact. Mid west steel supply+1worldsteel.org+1
6. Shougang Group
Shougang Group achieved a production capacity of 33.58 million tonnes in 2023, specializing in high-quality steel products such as electrical steel and automotive steel sheets. The company’s Jingtang MCCR production line allows ultra-thin steel production with a thickness of only 0.8 mm, reducing CO2 emissions by 30% compared to traditional methods. Mid west steel supply+1worldsteel.org+1
7. Shandong Steel Group
Shandong Steel Group produced 19.45 million tonnes of crude steel in 2023. The company continues to focus on enhancing its production capabilities and expanding its market presence both domestically and internationally. worldsteel.org
8. Baotou Steel
Baotou Steel reported a production of 15.20 million tonnes of crude steel in 2023. The company is known for its rich mineral resources and has been focusing on upgrading its technology and equipment to improve product quality and environmental performance. GTS Steel+2worldsteel.org+2Mid west steel supply+2GTS Steel
9. Fangda Steel
Fangda Steel achieved a crude steel production of 19.56 million tonnes in 2023. The company emphasizes technological innovation and efficiency, aiming to strengthen its competitiveness in the steel industry. worldsteel.org
10. Rizhao Steel
Rizhao Steel produced 18.66 million tonnes of crude steel in 2023. The company focuses on producing high-quality steel products and has been expanding its production capacity to meet growing market demands. worldsteel.org
These companies exemplify the strength and innovation within China’s steel industry, contributing significantly to both national and global markets. Their efforts in sustainability and technological advancement continue to shape the future of steel production.