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JSW Steel Becomes World's Most Valuable Steelmaker with $30.3 Billion Market Cap.

Economy Business | Dated: 27 Mar 2025

In March 2025, Sajjan Jindal-led JSW Steel Limited became the world's most valuable steel company by market capitalization, reaching USD 30.3 billion. This milestone places JSW Steel ahead of industry giants like the United States of America (USA)-based Nucor Corporation (USD 29.4 billion) and Luxembourg-based ArcelorMittal S.A (USD 27.1 billion).

🎯 Key Highlights:

  • - This achievement reflects its strategic growth, operational efficiency, and alignment with India's National Steel Policy, 2017.
  • - Other prominent steel producers, including Japan's Nippon Steel Corp and China's Baoshan Iron & Steel Company Limited, maintain market capitalizations between USD 21 billion and USD 27 billion.

💡 Other Important Facts:

  • (i) JSW Steel holds a stronger valuation compared to its Indian peers. Mumbai (Maharashtra)-based Tata Steel Limited, India's second most valuable steel company, has a market capitalization of around USD 23 billion, while New Delhi (Delhi)-based Jindal Steel and Power Limited is valued at USD 10.81 billion, and the state-owned SAIL stands at USD 5.5 billion.
  • (ii) India's steel production rose by 3.5% to 37.38 million tonnes (MT) in the 3rd Quarter of the Financial Year 2024-25 (Q3 FY25), while steel consumption grew by 6.8% to 38.46 MT.
  • (iii) Founded in 1982, JSW Steel is the flagship company of the JSW Group. Headquartered in Mumbai, it operates an integrated steel plant in Toranagallu, Karnataka, and has expanded its footprint both across India and globally.

📚 Test Your Knowledge:

Recently, which Indian steel company became the world’s most valuable steelmaker by market capitalization?

Correct Answer: JSW Steel

🚀 Quick Recap: