Company Name

Main business area

Strength

Weakness

Arcelor Mittal

22 countries in the America, Europe, Asia and Africa

Have the largest and broad market, advanced technology research, strong development ability

Fierce competition, strict environmental legislation, threat from alternatives to steel

POSCO

South Korea, Japan, China, Asia, North America and other regions

Complete product category, wide business scope, strong R&D ability

Be highly dependent on domestic markets, heavy debt burden, threat from alternatives to steel

JFE

Canada, Brazil, China, Thailand, Philippines, Indonesia, South Korea, Germany and the United States, etc.

Developed quality assurance system, strong technical innovation ability, near the emerging markets

Be highly dependent on imported raw materials, strict environmental legislation, threat from alternatives to steel

EU steel industry

Regional industry, Multinational operation

Grasp the high-end steel products within the EU market, highly specialized, strong R&D ability, high degree of recycling

Be highly dependent on imported raw materials and internal market of EU, high energy consumption, strict environmental legislation, weakened regional dominance