With many large and modern factories, the United States boasts a robust steel industry. In the article below, Midwest Steel invites you to learn about the top 5 largest steel manufacturers in the U.S.

Nucor Corporation

Formed in 1940 with the name Nuclear Corporation of America, Nucor is considered one of the biggest steel manufacturing companies in the United States. Nucor owns numerous plants throughout the country and produces a range of different types of steel, from construction steel to various steel used in industry. Today, it remains the largest steel manufacturing company in the United States and holds up to 32.479 billion USD in assets.

At present, Nucor has 23 manufacturing plants and, in 2022, the company produced 20.50 million tons of different types of steel. The primary steel products that the company manufactures are steel bars, flat-rolled steel, steel joists, and steel decks, among others.

Currently, Nucor not only stands strong in America but also strengthens its position throughout the world of steel. Being one of the largest companies, with many facilities and solid financing support, Nucor continues investing in technology and research and development to stay at the top in the industry, driving innovation to the sector further.

U.S. Steel

Formed in 1940 with the name Nuclear Corporation of America, Nucor is considered one of the biggest steel manufacturing companies in the United States. Nucor owns numerous plants throughout the country and produces a range of different types of steel, from construction steel to various steel used in industry. Today, it remains the largest steel manufacturing company in the United States and holds up to 32.479 billion USD in assets.

At present, Nucor has 23 manufacturing plants and, in 2022, the company produced 20.50 million tons of different types of steel. The primary steel products that the company manufactures are steel bars, flat-rolled steel, steel joists, and steel decks, among others.

Currently, Nucor not only stands strong in America but also strengthens its position throughout the world of steel. Being one of the largest companies, with many facilities and solid financing support, Nucor continues investing in technology and research and development to stay at the top in the industry, driving innovation to the sector further.

Cleveland-Cliffs Inc.

Originating as the Cleveland Iron Mining Company founded in 1847 and headquartered in Ohio, Cleveland-Cliffs is the oldest business venture in the U.S. steel industry. At first, Cleveland-Cliffs focused on iron ore mining. Throughout many decades, the company continued to grow its operations and emerged as the most significant supplier of iron ore for steel mills in the Great Lakes. It is now the largest flat-rolled steel producer in North America. The corporation boasts total assets of up to 18.755 billion USD.

Cleveland-Cliffs operates and controls four iron ore mines, and three coke production facilities, along with many different steel mills located throughout the United States. In 2022, Cleveland-Cliffs produced 16.80 million tons of various types of steel. Beyond being an iron ore mining company, it produces all types of steel merchandise, including stainless steel, hot-rolled coil, cold-rolled coil, and construction steel.

Cleveland-Cliffs has been in existence for more than a century and has grown to become an indispensable pillar in the United States steel industry. From its origins as an iron ore mining company, Cleveland-Cliffs has evolved into a diversified, multinational steel company with a unique position in the market.

Steel Dynamics, Inc.

Founded in 1993, Steel Dynamics is one of the third-largest carbon steel producers in the United States, headquartered in Fort Wayne, Indiana. Starting as a small project in the early 1990s, Steel Dynamics has rapidly grown and contributed to the development of the United States steel industry to its present position.

In 2022, Steel Dynamics produced 9.73 million tons of steel, making it one of the most profitable steel companies in terms of profit margins and operating profit per ton in the United States steel industry. Currently, Steel Dynamics specializes in producing core products including sheet steel, structural steel, scrap steel, and steel for the oil and gas industry.

Steel Dynamics not only focuses on traditional steel production but also invests in renewable and recycling resources. Their commitment to the environment and the community helps Steel Dynamics overcome challenges and contribute to the sustainability of the steel industry.

Commercial Metals Company

Commercial Metals Company is one of the major steel companies in the United States, founded in 1915 and located in Texas. Commercial Metals Company has played a major role in the development and growth of the U.S. steel industry. Having started as a small-scale scrap-metal trading company, it has grown to become one of the leading players in the business. In addition to the United States, Commercial Metals Company also owns several manufacturing plants in Europe.

Commercial Metals Company primarily deals in recycled steel products and construction-related steel. Commercial Metals Company possesses 41 scrap metal recycling facilities, six electric arc furnace mini mills, two electric arc furnace micro mills, and several other steel production plants in the United States. Currently, Commercial Metals Company provides a wide variety of products in addition to recycled steel, from structural steel and shaped steel to wire rods and many other products for various industries. This company is one of the major players in recycling in the United States’ steel industry.

Commercial Metals Company, targeting becoming one of the leading recycled steel companies and ensuring the reuse and recycling of metals, waste minimization, and conservation of resources for the protection of the environment,.

Conclusion

The United States, being the nation with the greatest steel industry in the world, hosts many huge and modern steel mills. Each of these firms has a crucial role to play in forming and evolving the United States steel industry. If you have any questions regarding these companies, please don’t hesitate to contact us, Midwest Steel