Business Standard

<b>Tata-Corus</b>: From nowhere to World No 5!

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Press Trust of India Mumbai
Tata Steel's successful takeover of Corus Group Plc - Europe's second-largest and the world's eight-largest steelmaker - has catapulted it to fifth position among world's top steel producers.

From a mere 5.6 million tonne, the Corus acquisition will multiply Tata Steel's total production capacity to 23.8 million tonne. The deal also leaves domestic major SAIL far behind as the state-run company has a capacity of only 13.4 MT and is ranked 16th in the world.

Following are the top ten steel makers (with annual production in million tonne):
 
TOP TEN GLOBAL STEELMAKERS
RankCompany NameCapacity
1Arcelor-Mittal (Luxembourg)109.7 MT
2Nippon Steel (Japan)32.0 MT
3Posco (South Korea)30.5 MT
4JFE (Japan)29.9 MT
5Tata-Corus (India)23.8 MT
6Baosteel (China)22.7 MT
7US Steel (USA)19.3 MT
8Nucor (USA)18.4 MT
9Riva (Italy)17.5 MT
10ThyssenKrupp (Germany)16.5 MT

 

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First Published: Jan 31 2007 | 4:24 PM IST

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