company news about The world Iron and Steel Association (WSA) released the world's top 113 crude steel production in 2021.

The world Iron and Steel Association (WSA) released the world's top 113 crude steel production in 2021 in its Annual Global Steel Total yearbook released on June 7. Data show that among the world's top 50 steel producers, 27 Chinese steel companies are in the list, with Baowu Iron and Steel Group maintaining the world's largest crude steel output. Anshan Iron and Steel will increase its crude steel output by 45.7% year-on-year to 55.65 million tons in 2021, jumping from seventh to third globally. ArcelorMittal remained the top producer among overseas steelmakers, producing 79.26 million tonnes of crude steel in 2021, a slight increase of 1 per cent year on year.

Overseas steelmakers with Big gains included US STeel (+41.1%), largely due to last year's full acquisition of Big River, in which US STeel had previously owned only a partial stake. JSW produced 18.59 million tonnes of crude steel in 2021, up 25% yoy, and actually increased its fy2022-21 production by 35% yoy. This includes the production of subsidiary Bhushan Power (2.72 million mt) and joint controlled entity JSW Ispat Special (580,000 MT), in addition to Dolvi's second phase expansion project with a capacity of 780,000 MT. Nippon Steel's crude Steel production rose 19% to 49.46 million tons in 2021, due to the resumption of some equipment that had been significantly reduced since 2020. Cleveland-cliffs production rose 352% year-to-year to 16.3 million tons due to the inclusion of AK Steel operations after March 2020 and the December 2020 completion of the acquisition of all assets of ArcelorMittal USA, including two iron ore mines and six steelmaking sites.

Fourteen steelmakers, 11 of them Chinese, produced less crude steel than in 2020.