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by kamyarg 2196 days ago
The steel production and raw materials industry is a whole different world. I am not knowledgable in the area at all but a recent linkedin post by a friend was listing the biggest steel producers by country, I did not recognise any names except Tata from India and Thyssenkrupp from Germany.

Here is a list I found from a quick search, try to guess which country the biggest producers is based in or how many of top 5 you expect to have heard of before opening the link.

https://en.wikipedia.org/wiki/List_of_steel_producers

3 comments

That is a lot of Chinese steel, at what looks to be about 25% of the total worldwide production, just by the companies listed in the top 41. It looks like possibly a majority of worldwide production isn't in this list (which seems to gut off at less than 10 million tonnes), so it's possible it's even higher, if there's a lot of small steel companies based in China as well.
This is actually pretty amazing. I predicted that the top few would be US based companies but I hadn't heard of them because they are rounding errors. I was wrong about that but the first US based steel company on the list is in my neighborhood. I ride up to their plant on my daily bike ride.
I didn't even know Thyssenkrupp did things other than elevators.
"In February 2020, Thyssenkrup AG's board announced that it would sell its elevator segment to Advent International ... "

https://en.wikipedia.org/wiki/ThyssenKrupp

This just keeps getting more interesting.