In the world ranking in terms of steel production, China ranks first and produces almost half of the world’s steel, which is 996.3 million tons per year (2019 statistics). The rest of the world has a population that exceeds the population of China more than 5 times more to produce steel at times less. India is the second largest steel producer in the world with a volume of 111 million tons. then Japan – 99.3 million tons. The US share in the world steel production ranking is almost 5%, and this figure also corresponds to Russia.