DUSSELDORF, June 1 - Metinvest, the largest Ukrainian mining and metallurgical holding, in 2016 ranked 37th in the list of the world's largest steel producers with a volume of 10.34 million tons compared to the 40th place in 2015 with a volume of 9.65 million tons of steel and 33rd place in 2014 with a volume of production of 11.18 million tons of steel.

According to the World Steel Association (Worldsteel), the largest steel company last year was ArcelorMittal with a production volume of 95.45 million tons. It is followed by China Baowu Group, a new company that appeared in December 2016 as a result of the merger of Baosteel Group and Wuhan Group, with 63.81 million tons, HBIS Group (formerly Hesteel Group) with 46.18 million tons (it includes a steel mill in Serbia acquired in June 2016), NSSMC with 46.16 million tons (the figure does not include production at Nisshin Steel, which became part of the group in March 2017), and POSCO with 41.56 million tons.