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Top 5 Steel Casting Foundries In The World
There are several materials on Earth that are more important
than steel. Many companies rely on it to create their products and
applications. Thus, the steel casting industry is one of the most important.
But what are the largest steel mills in the world?
A foundry is a factory that turns iron into a known material. The castings melt the plate and then give it the desired shape. So now that you know what foundry is, let's take a look at the top 5.
1. ArcelorMittal
ArcelorMittal operates in over 60 countries and is one of the best steel mills in the world. The company has over 230,000 employees and is the largest player in the foundry industry.
The power of this company is so enormous that it produces
10% of the world's steel. Although the company operates globally, it primarily
operates in Europe and America.
2. Hebei Iron and Steel Group
This plant is located in China and is a government-owned plant that produces most of the steel in China. Thus, they have a monopoly on
steel production in Hebei province.
With all that said, Hebei Iron and Steel Group is not a small player. The foundry produces over 30 million tons per year, most of the products are wires, sheets, rods, and much more.
Both ArcelorMittal and the Hebei Iron and Steel Group are
large foundries employing hundreds of thousands of workers. Naturally, these
foundries are working on major projects worth millions of dollars. But if you
are looking for a smaller foundry for steel production, we suggest you turn to
the promising DaWangCasting company.
3. Nippon Steel & Sumitomo Metal Corporation
This company emerged from the merger of two smaller ones: Nippon Steel and Sumimoto Metal. The merger took place in 2021, which means the two companies have teamed up to become Japan's largest steel exporter.
In fact, as a result of this merger, the base of operations expanded to 15 countries and the number of jobs exceeded 81,000 people.
NSSMC's numerous foundries are primarily focused on the
production of steel parts for the automotive, railroad, marine, and other
industries.
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