5 Largest Steel Producing Countries in the World

4. United States

Total crude steel production in 2021 (in millions of tonnes): 85.8

Total crude steel production in 2020 (in millions of tonnes): 72.7

While the U.S. is a major steel producer, it lags far behind in this industry as compared to some other countries. The industry provides employment to hundreds of thousands of people directly and over 2 million people overall when accounting for direct, indirect and induced impact. The steel industry in the U.S. accounted for over $520 billion in economic output in 2017.