Who sells the most steel in the world?

Who sells the most steel in the world? Do you know who sells the most steel in the world? Let us know. According to data of the year 2023-24, China is the largest steel export country in the world, which sends more than 6.6 million tonnes of steel abroad each year. China alone exports about 15% of the global steel trade. The steel goes especially to South Korea, Vietnam and Philippines. China’s steel industry has the benefit of government support, low cost and major production capacity, leading it to the forefront of the region. Japan is second on this list, exporting about 3.2 million tonnes of steel each year. South Korea is at number three, which has an annual amount of steel export of about 2.7 million tons. Germany is fourth, exporting about 2.2 million tonnes of steel. Companies here make high quality steel. Russia is at number five, which exported 2 million tonnes of steel last year. However, geopolitical conditions affected its markets. Steel is not only strong, but also flexible. It is of iron, but it is made stronger by adding small amounts of carbon. Steel can be recycled repeatedly. Its strength does not even decrease after it has melted again, it is the biggest quality. Steel cars, buildings, bridges and even kitchens are used everywhere. It has become a need for every sector. Steel question in the world is constantly increasing. China not only produces by utilizing it, but also produces worldwide. Click here Life & Style Click for more stories Click here