5 Biggest Steel Companies in the World

3. Nippon Steel

Total market cap of the company (in billions of dollars): 7.9

Total revenue of the company in 2019 (in billions of dollars): 55.7

Total assets of the company in 2019 (in billions of dollars): 71.4

Total profits of the company in 2019 (in millions of dollars): 2,300

Total steel production of the company in 2019 (in million of tonnes): 51.7

Formed in 2012, the company came into existence through the merger of Sumitomo Metal and the old Nippon Steel. The company in 2013 was forced to pay around $88,000 each to four South Korean workers who were forced to work during World War II and filed for restitution decades later.

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