The Tata Steel group continued to be the largest raw steel producer in the world, while JSW Steel Limited and Sail were among the 20 main producers in 2024, they showed data from the World Organization of the Steel (Worldsteel). However, Sail slid a slot from 19 to 20.
According to the “World Steel in Figures 2025” of WorldSteel, the Tata Group produced 31.02 million tons (MT) or raw steel. In 2023, it produced 29.5 TM or steel.
JSW Steel Limited continued to be 12Th The largest producer, manufacturing 26.95 Mt against 26.15 in 2023. The candle fell as the 20th largest producer with its production that slid at 19.10 TM of 19.18 TM in 2023.
Upper producer
China Baowu Group was the main steel producer despite the fact that its production fell to 130.09 TM last year of 130.77 TM in 2023. Arcelor Mittal retained the second slot, although its production also decreased to 65 mt of 68.52 TM. China’s Ansteel followed them, producing 59.55 TM, compared to 55.89 TM in 2023.
La producción mundial de acero cayó a un mínimo de cuatro años en 2024 a 1.885 mil millones de toneladas en comparación con 1.904 mil millones de toneladas en 2023. Mientras que la producción de China disminuyó a 1.05 mil millones de toneladas (1.026 mil millones de toneladas en 2023), indio), indio), indio), indio), indio), indio), indio), indio), Indian), Indian, 140.8 Mt in 2023.
The production of steel from India has increased by 50 percent since 2020, when production fell to 99.6 TM. However, production growth fell to 6.3 percent in 2024 of 12.9 percent in 2023.
Jindal, Vizag Steel Slip
Among other Indian steel companies, the position of Jindal Iron and Steel Group fell to 51 of 49 in 2023, although its production increased to 8.06 MT (7.90 TM). Vizag Steel (Rashtriya ispatal limited) fell to position 89 with its estimated production that has been reduced to 3.65 mt (4.45 mt).
The Steel World Organization obtains data on the production of ferrous metal from 71 countries that represent 98 percent of the total global production.
According to the data, the global steel production increased by 12 percent in the last decade, with the participation of China increasing by four percentage points to 53.3 percent. Duration The period, India, emerged as the second largest producer, which represents 7.9 percent of global production against 5.2 percent in 2014, exceeding North America. Other countries in Asia produced 7.9 percent of total global production, with their participation in 0.5 percentage points in the last decade.