LONDON--(BUSINESS WIRE)--BizVibe, a smart business networking platform for global B2B buyers and suppliers, announced today their list of the top 10 leading steel producing countries in the world based on annual production in the millions of tonnes (MT).
BizVibe’s global B2B marketplace is the perfect digital community for companies looking to simplify the tedious task of finding suppliers and sourcing products. By signing up, you will not only get quotes quicker but also generate better leads and discover hidden business opportunities.
Steel is a versatile and a fundamental material essential to any country’s economic growth. There was a 0.8% rebound in production as the world’s steel hit 1,630 million tonnes in 2016. Most of the growth in steel production comes from newly industrialized nations like Brazil, China, India, Iran, and Mexico. Some steel production in Europe, the Americas, and Africa suffered a slight decline while the production rates in Asia, the Middle East and Oceania saw positive growth.
In a recent article titled, Top 10 Largest Steel Producing Countries in the World, BizVibe compiles a list of the top countries producing the highest amount of steel. Here are 5.
10. Ukraine produced 24.2 MT of steel in 2016
9. Brazil produced 30.2 MT of steel in 2016
8. Turkey produced 33.2 MT of steel in 2016
7. Germany produced 42.1 MT of steel in 2016
6. South Korea produced 68.6 MT of steel in 2016
Read the entire list of Top 10 Largest Steel Producing Countries in the World on BizVibe
BizVibe’s job is to connect buyers and suppliers from all over the world with the goal of helping B2B companies keep up with market demand. In addition to the top companies in Germany’s copper piping industry, BizVibe is also home to more than 7 million companies overall.
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