5 Biggest Steel Companies in the World

4. Hesteel Group

Total market cap of the company (in billions of dollars): 3

Total revenue of the company in 2019 (in billions of dollars): 16.5

Total assets of the company in 2019 (in billions of dollars): 30

Total profits of the company in 2019 (in millions of dollars): 347.2

Total steel production of the company in 2019 (in million of tonnes): 46.6

The second biggest steel producer in China is Hesteel Group, whihc was estalished 12 years ago in 2008, and changed its name in 2016. The company, like most major companies in China, is owned by the government.

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