These steel-related companies made the list! The 2025 Fortune Global 500 list has been announced

On July 29th, the highly anticipated 2025 Fortune Global 500 list was officially released. This list not only serves as a barometer of global corporate strength but also reflects the development trends of various industries in a complex economic environment. Data shows that the total revenue of the Fortune Global 500 companies on the 2025 list reached a new record of US$41.7 trillion, a year-on-year increase of 1.8%. Against the backdrop of a global economic slowdown, this growth highlights the resilience and operational resilience of leading companies.

Among many industries, the performance of steel and related fields is particularly outstanding. According to special statistics, a total of 17 steel-related companies have made the list, covering the entire industry chain from steel production and processingto upstream and downstream supply chains. Their overall revenue scale occupies a significant position in the global industrial sector. It is worth noting that among these 17 steel-related companies, 13 are Chinese companies, making them an indispensable "Chinese force" on the list. This data not only continues the strong performance of Chinese steel-related companies in the Fortune Global 500, but also reflects the continued consolidation of the core position of my country's Steel Industry in the global industrial chain.

The specific ranking is as follows——

JudGIng from the specific rankings, international steel giants still maintain strong competitiveness. For example, ArcelorMittal from Europe continues to rank among the top steel companies thanks to its global presence and diversified product mix. Its technological advantages in high-end plate and specialty steels have enabled it to maintain stable revenue growth despite demand fluctuations in downstream industries such as automobiles and new energy. Established Asian steel companies such as Japan's JFE Holdings and South Korea's Posco have also secured a place on the list thanks to refined management and technological innovation. Their exploration of environmental protection technologies and intelligent manufacturing provides reference examples for industry transformation and upgrading.

Compared to their international counterparts, the performance of Chinese steel companies is particularly noteworthy. The 13 companies on the list include not only comprehensive steel giants such as Baowu Group, Hesteel Group, and Ansteel Group, but also leading private steel enterprises such as Shagang Group, demonstrating the diversified development of my country's steel industry. Baowu Group, in particular, has steadily risen in the rankings among steel companies thanks to its continued scale expansion and industrial chain integration. Its investments in green steel and smart manufacturing have made it a benchmark for the transformation of the global steel industry. It is worth mentioning that the rise of private steel companies has become a new highlight in the development of my country's steel industry. Companies such as Shagang Group have continuously improved their international competitiveness through technological transformation and product upgrades, and have occupied an increasingly important share in the global market.

A deeper analysis reveals that the collective breakthrough of Chinese steel companies is no accident. In recent years, my country's steel industry has actively responded to the nation's "dual carbon" goals, vigorously promoting energy conservation, emission reduction, and green transformation. By eliminating outdated production capacity and promoting a circular economy model, the industry's overall energy efficiency and environmental performance have significantly improved. Furthermore, driven by supply-side structural reforms, steel companies have continuously optimized their product mix, and the self-sufficiency rate of high-end steel products has continued to increase, effectively meeting the demand for high-quality steel in my country's manufacturing upgrade. In addition, the in-depth implementation of the Belt and Road Initiative has also provided broad space for Chinese steel companies to "go global." Through overseas investment, capacity cooperation, and other means, Chinese steel companies' global layout has been continuously improved, and their international market influence has been further enhanced.

Of course, while recognizing these achievements, we must also be aware of the challenges facing the industry. Factors such as increasing global economic uncertainty, fluctuating raw material prices, and international trade frictions continue to hang over the heads of steel companies. In the future, how to further enhance the competitiveness of core technologies while maintaining scale advantages, and how to balance costs and benefits in the green transformation, will be challenges that Chinese steel companies must continuously address.

Overall, the landscape of steel companies on the 2025 Fortune Global 500 list reflects both the current state of the global steel industry and the strength of Chinese steel companies. As industry transformation continues, we believe Chinese steel companies will play an even more crucial role in the global supply chain, contributing even more Chinese wisdom and solutions to the sustainable development of the global steel industry.