Top 15 Steel Companies & Suppliers in USA & Worldwide (2024)

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There is no doubt that steel will remain a vital component of our world’s success in the future. In this post, you can see the List of Top Steel companies & suppliers in USA & Worldwide (2023).

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Basics of Steel Market

Construction and manufacturing of a wide variety of products for commercial or consumer use are made from steel, a versatile metal. As an alloy of iron and carbon, steel is valued for its strength, durability, and capability to be recycled. Steel can be produced in varying grades by adding nickel and chromium, as in stainless steel.

Steel suppliers can be distinguished by the products they produce and the processes they use. In general, they can be divided into two categories:

Steel Service Centers

They represent domestic sources of steel that offer a variety of steel products in usable dimensions and form factors, which can be further processed into finished steel goods, such as appliances or roofing, through the use of manufacturing techniques such as roll-forming. A few examples of standard form factors are beams, bars, sheets, coils, plates, pipes, and wire.

Global Steel Manufacturers

By using blast furnaces and converters, these global companies process raw materials, such as iron ore and carbon, and produce continuously cast steel ingots and semi-finished products, such as billets, blooms, and slabs, as well as liquid steel for casting. These companies are spread around the world. While some of them are publicly traded, many of these manufacturers are state-owned in countries like China and India. Additionally, standard products may be produced as steel forms for sale, which are then processed and machined into finished products.

Steel companies & suppliers in USA & Worldwide (2022) — Various forms of steel sheets (Reference: **metalsdepot.com**)

American Steel Suppliers

The following is a list of steel suppliers in the United States. Companies are listed according to their size in a descending order. It also includes information about the company’s annual sales, foundation year, and headquarters. US dollars are used to represent sales volumes.

Company name	Headquarters	Year founded	Number of employees	Annual sale
Eagle National Steel	Hutchins, TX	1985	51-200	$50 - 99.9 million
Sabre Steel, Inc.	Farmington Hills, MI	1991	10-50	$10 - 24.9 million
Pinnacle Industrial Supply, Inc.	San Diego, CA	1984	11-50	$10 - 24.9 million
Continental Steel & Tube Co.	Fort Lauderdale, FL	1984	32	$10 - 24.9 million
Eastern Steel Corp.	Brooklyn, NY	1924	22	$10 - 24.9 million
A-1 Alloys	San Diego, CA	1978	18	$10 - 24.9 million
Advantage Metal Services, Inc.	South El Monte, CA	1985	11	$10 - 24.9 million

Eagle National Steel

A full-service steel service center, Eagle National Steel specializes in walk-ins and deliveries. Hutchins, Texas-based Eagle National Steel provides structural steel beams, square and rectangular tubing, and flat, round, square, and pipe forms.

Sabre Steel, Inc.

Farmington Hills-based Sabre Steel, Inc. offers flat-rolled steel products in cold and hot-rolled forms. The company also provides galvanized, electro galvanized, and galvannealed steels, as well as high carbon steels.

Pinnacle Industrial Supply, Inc.

In addition to carbon steel and galvanized pipe, Pinnacle Industrial Supply, Inc. also offers stainless steel piping and sanitary tubing. In addition to copper-nickel and Chromoly pipes, they also manufacture aluminum, titanium, copper, and monel pipes. Their headquarters are in San Diego, California.

Continental Steel & Tube Co.

For more than three decades, Continental Steel & Tube Company has been recognized as a leading distributor of quality metals. Continental Steel & Tube Co. is located in Fort Lauderdale, Florida. They are a manufacturer of carbon steel beams, plates, coils, tubes, sheets, and bars that carry ISO 9001 certification. Furthermore, they provide stainless steel products in the shapes of plate, coil, sheet, bar stock, and angle and tube.

Eastern Steel Corp.

The Brooklyn, New York-based Eastern Steel Corp. offers an assortment of standard steel forms, including plates, grating, bars, tubing, roof decking, and angle shapes. Also available are extruded aluminum planking, split tees, and onsite shearing services for cutting specific product sizes.

A-1 Alloys

A-1 Alloys in San Diego, California, manufactures abrasion- and impact-resistant steels, corrosion-resistant steels that withstand high temperatures, as well as aluminum, stainless steel, titanium, and zinc alloys in various shapes.

Advantage Metal Services, Inc.

Located in South El Monte, California, Advantage Metal Services, Inc. provides structural and cold rolled carbon steel products, pipes, stainless steel, aluminum, as well as expanded metal in different sizes, thicknesses, and alloys. In addition to custom metal fabrication, they offer machining services, bending, cutting, forming, drilling, and secondary operations like galvanizing.

Global Steel Suppliers

Here is a summary of the top global steel suppliers ranked by their size. Each supplier’s headquarters country, the company’s founding year, and its revenue are also included in the table.

Company name	Headquarters	Year founded	Number of employees	Annual sale
China Baowu Group	China	1978	190000+	$99.8 billion
ArcelorMittal	Luxembourg	2008	168000	$76.57 billion
Ansteel Group	China	1916	119000+	--
Nippon Steel Corporation	Japan	1950	105000+	$43.6 billion
Tata Steel Group	India	1907	32000+	$20.5 billion
HBIS Group	China	2008	30000+	$23 billion
Shagang Group	China	1975	30000	--
POSCO	South Korea	1968	29000+	$45.75 billion

China Baowu Group

The China Baowu Steel Group Corporation Limited was established by the consolidation and reorganization of former Baosteel Group Corporation Limited and Wuhan Iron & Steel (Group) Corporation on December 1st, 2016. The merger of China Baowu and Ma Steel occurred on September 19th, 2019. The China Baowu Steel Group is a Chinese state-owned iron and steel company with a 63.81-million-tonne production capacity.

ArcelorMittal

Founded in 2008, ArcelorMittal is the world’s largest steel maker in the Americas, Africa, and Europe. It is the fifth largest steel supplies in the CIS region. In 18 countries across four continents, ArcelorMittal has 46 integrated and mini-mill steel-making facilities. A world-leading steel company, ArcelorMittal, has 95.45 million tons of production. Among the industries served by the company are automotive, construction, home appliances, and packaging.

Ansteel Group

State-owned steel producer Anshan Iron and Steel Group Corporation is located in China. The Ansteel Group produces both steel and non-steel products. A total of 33.19 million tones are produced by Ansteel Group every year.

Nippon Steel Stainless Steel Corporation

With its most advanced technologies, Nippon Steel Stainless Steel Corporation offers high-quality stainless-steel products such as steel plates, sheets, bars, and wire rods to steel customers worldwide.

Tata Steel

Tata Steel Group is one of the biggest steel manufacturing companies in India. A total of 34 million tons of crude steel are produced by Tata Steel each year, making it one of the top steel producers in the world.

HBIS

HBIS Group Co., Ltd., one of the largest steel producers in the world, is dedicated to providing various industries with steel products and services. The company has become China’s largest supplier of home appliance steel, the second largest of automotive steel, and the leading supplier of steel for marine engineering, bridges, and construction.

Shagang Group

As the largest private steel company in China, Jiangsu Shagang Group belongs to the Superking-sized National Industrial Enterprises category and is headquartered in Zhangjiagang City, Jiangsu Province. More than 30,000 employees are employed by Shagang Group, which has total assets of RMB150 billion. It has a production capacity of 31.9 million tons of iron and 39.2 million tons of steel, as well as 37.2 million tons of rolled products annually.

POSCO

As part of its national industrialization mission, POSCO was formed in 1968. Posco is Korea’s first integrated steel mill that produces 41 million tons of crude steel per year and is a global business with production and sales in 53 countries.

FAQs about Steel Companies & Suppliers

What are the risks for steel company?

Safety at work is very important in the steel production industry, since the work itself is dangerous in many ways. Workplaces are often hot and noisy, and the tasks are often hard on the body. There is always a chance of burns and crushing injuries.

What is the issue with steel supply?

There are shortages right now because of problems in the supply chain that have affected steel stockpiles and caused demand to rise. Transportation problems and mill closures brought on by the COVID-19 virus’s two-year spread have also contributed to a shortage of steel.

What is the common defect in steel?

In general, network cracks, porosity, shrinkage, gas holes, shells, slivers, ladle slag entrapment, casting powder entrapment, other non-metallic inclusions, low hot ductility, etc. are the most frequently observed flaws in semi-finished (billets, blooms, and slabs) and finished (round bar and plate) steel products.

What are the environmental issues in steel industry?

Coke ovens release very poisonous and carcinogenic naphthalene into the air. The coking process’ waste water is also extremely poisonous and contains cyanide, sulfides, ammonium, and ammonia, in addition to a variety of organic substances that are known to cause cancer.