Top steelmakers in 2018 List of companies with tonnage of more than 3 million in 2018

(in million tonnes crude steel production) Companies HQ Tonnage Tonnage Tonnage 2016 2017 2018 2016 2017 2018 Ranking Ranking Ranking ArcelorMittal * Luxembourg 95.45 97.03 96.42 1 1 1 China Baowu Group * China 63.81 65.39 67.43 2 2 2 Nippon Steel Corporation * (1) Japan 44.65 47.36 49.22 4 3 3 HBIS Group * (2) China 46.18 45.56 46.80 3 4 4 POSCO * South Korea 41.80 42.19 42.86 5 5 5 Shagang Group China 33.25 38.35 40.66 6 6 6 Ansteel Group * China 33.19 35.76 37.36 7 7 7 JFE Steel Corporation * Japan 30.29 30.15 29.15 8 8 8 Jianlong Group China 16.45 20.26 27.88 17 14 9 Shougang Group * China 26.80 27.63 27.34 9 9 10 Tata Steel Group * (3) India 24.49 25.11 27.27 10 10 11 Nucor Corporation * USA 21.95 24.39 25.49 12 11 12 Shandong Steel Group China 23.02 21.68 23.21 11 12 13 Valin Group China 15.48 20.15 23.01 20 15 14 HYUNDAI Steel Company * South Korea 19.86 21.23 21.88 13 13 15 Maanshan Steel * China 18.63 19.71 19.64 14 16 16 Novolipetsk Steel (NLMK) * Russia 16.64 17.08 17.39 16 17 17 JSW Steel Limited * India 14.91 16.06 16.83 21 19 18 IMIDRO * (4) Iran 14.02 15.60 16.79 25 21 19 Steel Authority of India Ltd. (SAIL) * India 14.38 14.80 15.93 23 25 20 Benxi Steel China 14.40 15.77 15.90 22 20 21 China Steel Corporation * Taiwan, China 15.52 15.33 15.88 19 22 22 Gerdau S.A. * Brazil 15.95 16.50 15.80 18 18 23 Fangda Steel China 13.68 15.11 15.51 27 23 24 Techint Group * (5) Luxembourg 7.98 11.75 15.38 46 32 25 United States Steel Corporation * USA 14.22 14.43 15.37 24 26 26 Baotou Steel * China 12.30 14.20 15.25 30 27 27 Rizhao Steel China 13.86 14.98 14.95 26 24 28 Liuzhou Steel China 11.05 12.30 13.53 32 31 29 EVRAZ * Russia 13.53 14.03 13.02 28 28 30 Magnitogorsk Iron & Steel Works (MMK) * Russia 12.54 12.86 12.66 29 30 31 thyssenkrupp * Germany 17.24 13.22 12.58 15 29 32 CITIC Pacific * China 8.40 8.77 12.55 44 45 33 Severstal * Russia 11.63 11.65 12.04 31 34 34 Sanming Steel China 10.39 11.19 11.68 36 35 35 Shaanxi Steel China 7.30 10.24 11.38 49 39 36 Jingye Steel China 11.01 10.41 11.25 34 37 37 Anyang Steel China 10.48 10.06 10.97 35 40 38 Taiyuan Steel China 10.28 10.50 10.70 38 36 39 Jinxi Steel * (also known as China Oriental, partly owned by ArcelorMittal) China 11.05 11.72 10.33 33 33 40 Nanjing Steel China 9.01 9.85 10.05 42 41 41 Metinvest Holding LLC * Ukraine 10.34 9.59 9.37 37 42 42 Xinyu Steel China 8.57 8.90 9.36 43 44 43 Tsingshan Stainless Steel China N.A. N.A. 9.29 e 44 ERDEMIR Group * Turkey 9.18 9.20 9.14 41 43 45 Steel Dynamics, Inc. USA N.A 8.27 8.92 47 46 Zenith Steel China 9.24 10.36 8.70 40 38 47 SSAB * Sweden 7.99 8.00 8.03 45 49 48 Tianjin Steel China 5.82 7.13 7.77 57 52 49 Donghai Special Steel China N.A 7.43 7.61 50 Zongheng Steel China 10.23 8.72 7.50 39 46 51 Kunming Steel China 6.40 6.36 7.27 52 CELSA Steel Group * Spain 6.94 7.02 7.10 51 53 53 Salzgitter AG Stahl und Technologie Germany 6.80 7.31 7.04 53 51 54 Jiuquan Steel China 5.50 5.17 7.02 63 64 55 voestalpine Group * Austria 7.47 8.15 6.94 47 48 56 Kobe Steel, Ltd. * Japan 7.26 7.74 6.88 50 50 57 Essar Steel Ltd * India 7.45 6.03 6.73 48 56 58 Chongqing Steel China 2.36 4.11 6.38 81 59 Yingkou Plate China 5.78 6.09 6.36 60 55 60 RIVA Group* Luxembourg 5.47 5.87 6.02 64 62 61 Binxin Special Steel China 6.06 5.98 5.99 55 57 62 BlueScope Steel Limited * Australia 5.63 5.91 5.91 62 60 63 Ruifeng Steel China 6.26 5.97 5.73 54 58 64 AK Steel Corporation * USA 5.05 5.67 5.71 67 63 65 Lingyuan Steel China 4.88 5.05 5.53 70 65 66 Ganglu Steel China 3.07 3.07 5.39 96 95 67 Puyang Steel China 4.96 5.93 5.32 69 59 68 Saudi Iron & Steel Co. (Hadeed, an affiliate of SABIC) * KSA 5.27 4.27 5.26 66 79 69 Rashtriya Ispat Nigam Ltd (VIZAG Steel) * India 3.82 4.41 5.26 80 75 70 Hongxing Steel China 5.10 4.84 5.10 71 Metalloinvest Management Company * Russia 4.66 4.76 5.05 72 67 72 Yuanli Group China 4.39 4.67 4.91 76 69 73 Tranvic Steel China 3.02 4.13 4.90 e estimated97 80 74 Ezz Steel * Egypt 3.66 4.52 4.88 82 72 75 Guofeng Steel China 6.90 6.96 4.86 52 54 76 Yuhua Steel China 5.42 4.50 4.80 65 73 77 Top steelmakers in 2018 List of companies with tonnage of more than 3 million in 2018

(in million tonnes crude steel production) Companies HQ Tonnage Tonnage Tonnage 2016 2017 2018 2016 2017 2018 Ranking Ranking Ranking Ji'nan Steel China 5.01 4.85 4.75 68 66 78 Ningbo Steel China 4.55 4.57 4.55 79 Tianjin Metallurgy Group China 4.88 4.85 4.55 71 66 80 Altos Hornos de México, S.A.B. de C.V. (AHMSA) * Mexico 4.65 4.39 4.52 73 76 81 Usinas Siderúrgicas de Minas Gerais S.A. (USIMINAS) * Brazil 4.06 4.38 4.47 78 77 82 Huttenwerke Krupp Mannesmann Germany 4.78 5.90 4.39 61 83 Companhia Siderúrgica Nacional (CSN) Brazil 4.06 4.43 4.20 79 74 84 Tianzhu Steel China 3.49 3.51 4.03 88 84 85 İçdaş Turkey 3.30 4.31 4.02 78 86 Jindal Steel and Power Ltd (JSPL) * India 3.48 3.48 4.02 89 86 87 Yukun Steel China 3.99 2.69 3.99 88 Xinxing Ductile China 3.48 4.58 3.89 90 70 89 Mechel Russia 4.19 4.27 3.88 77 79 90 Jiyuan Steel China 3.60 3.82 3.85 84 82 91 Dongkuk Steel Mill Co., Ltd. * South Korea 3.29 3.73 3.77 92 83 92 Habaş Turkey 3.21 3.51 3.77 84 93 Shiheng Special Steel China 3.54 3.41 3.75 85 87 94 Rockcheck Steel China 3.51 3.48 3.69 86 86 95 ISD (Industrial Union of Donbass) Ukraine 4.61 3.41 3.66 e 74 87 96 Taishan Steel China 3.28 3.33 3.60 93 88 97 Sanbao Steel China 3.53 3.30 3.53 98 Nippon Steel Nisshin Co. Ltd. * Japan 3.65 3.50 3.36 83 85 99 Acciaieria Arvedi SpA * Italy 2.95 3.19 3.35 93 100 Tosyalı Holding * Turkey 2.64 2.77 3.34 101 TMK * Russia 2.74 3.24 3.31 91 102 Lengshuijiang Steel China 2.80 3.08 3.27 94 103 Emirates Steel * UAE 3.15 3.31 3.25 95 89 104 Delong Steel China 3.18 2.59 3.18 105 Outokumpu Oyj * Sweden 3.20 3.28 3.15 94 90 106 Lianxin Steel China 2.98 3.23 3.09 92 107 Longteng Special Steel China 2.87 3.01 3.00 97 108 ILVA SpA * (parts bought by ArcelorMittal in 2018) Italy 5.67 4.73 N.A. 61 68 Hangzhou Steel (closed but subsidiary Ningbo Steel operating) China 4.50 4.57 N.A. 59 71

* worldsteel member N.A. not available e estimated

(1) New name of Nippon Steel and Sumitomo Metal Corporation (NSSMC) from 1 April 2019. Tonnage includes that of Nippon Steel Stainless Steel Corporation, Nippon Steel Nisshin Co., Ltd., Ovako Group and part of USIMINAS (31.45% voting shares) (2) Includes tonnage of Serbia Iron & Steel d.o.o. Beograd and MAKSTIL A.D. in Macedonia (3) Includes tonnage of Bhushan Steel Ltd. (4) Combined tonnage of Mobarrakeh Steel, Esfahan Steel, Khuzestan Steel and NISCO (5) Includes part tonnage of USIMINAS (39.6% voting shares)

Notes on company ownership and tonnage calculations: Notes on company ownership and tonnage calculations: For worldsteel members, the data was sourced from their official tonnage declarations. For Chinese companies, the official CISA tonnage publication was used, unless otherwise noted. In case of more than 50% ownership, 100% of the subsidiary’s tonnage is included. In cases of 30%-50% ownership, pro-rata tonnage is included. Unless otherwise specified in the declaration, less than 30% ownership is considered a minority and therefore not included.