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Being first produced in 200 BC and first put on mass production in 1850s steel nowadays is arguably the most important material used in engineering and construction throughout the world. Being an alloy of iron and carbon, steel accounts for over 3500 various grades with different chemical, environmental and physical properties, 75% of which have been created in the past 2 decades. As of 2012, it was produced 1,545 million tons of crude steel in the World with China being an absolute leader accounting for about a half of world's crude steel production, according to the data provided by World Steel Association. Concerning international trade, Brazil is the biggest exporter of iron ore accounting for about one fourth of the world's iron ore exports, while China is the biggest importer. These and other statistics on annual and monthly dynamics of production of wide variety of steel products from World Steel Association is available below.

Blast Furnace & Direct Reduced Iron Production (Annual) | Blast Furnace & Direct Reduced Iron Production (Monthly) | Production of Steel by Products (Annual) | Production of Steel (Monthly) | Exports & Imports of Steel by Products | Use of Steel by Products

Sources: Steel Statistical Yearbook, 2013 | World Iron Producation, 2013 | World Steel Production, November 2013

See also: World Crude Steel Production

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The Forbes Global 2000 is an annual ranking of the world’s top 2000 public companies published by Forbes magazine since 2003. The companies are ranked according to four basic metrics: profit, sales, assets and market value - and are broken down by industries, including 28 companies from Iron and Steel Industry.In total, the world's 28 biggest public companies from Iron and Steel industry account for $1.62 trillion in assets, $513 billion in revenues, and $300 billion in market value, according to the 2016 list. The world's largest steel company by market value is Citic Pacific, Hong Cong based company.