Are you willing to know the companies in the basic industries field?
Knowing the companies in basic industries helps you to identify the type of industries and what the industry produces, including the expected salary for each position, which is what we have explained in this post. Without wasting much time, let’s dive in;
What Are Basic Industries?
Basic industries and industries that focus mainly on producing raw materials and selling them directly to manufacturers, this Materials can include steel, chemicals, paper, mining, agriculture, fishing, and forestry.
Top 6 Best Steel Basic Industries Companies
There are various companies in the basic industries field, however, we have listed the 6 best companies in basic industries, which are:
1. ArcelorMittal
ArcelorMittal is one of the world’s best basic industry companies and also the world’s largest steel manufacturer.
The company’s headquarters are located in Luxembourg And It specializes in producing numerous steel products either for the construction, automotive, packaging, and energy industries.
Since the company was formed in 2006 company currently operates in over 60 countries and they’ve been able to create employment for over 1 million employees.
2. BHP Group
BHP Group is another top steel basic industry in the world that primarily focus on mining and petroleum, and the company is based in Melbourne, Australia.
Meanwhile, BHP Group is also among one of the largest mining companies in the world, operating across various minerals including iron ore, copper, coal, nickel, and oil and gas. In addition as of 2021, BHP Group had a revenue cap of $43.9 billion including a total of over 65,000 employees worldwide.
3. China Baowu Steel Group
China Baowu Steel Group is one of the best companies in the basic industry based on iron and steel in Shanghai, China.
Besides, as of 2021, the china Baowu Steel Group revenue was ¥824.4 billion ($125.4 billion), and it had approximately 170,000 employees.
4. Nippon Steel Corporation
Nippon Steel Corporation is a steel-making company located among the Japanese, whereby headquartered in Tokyo, Japan.
And Nippon Steel Corporationis Is among the producing a wide range of steel products such as; hot-rolled steel, cold-rolled steel, and steel plates.
As of 2021, Nippon Steel’s had a yearly revenue of ¥3.13 trillion ($29.3 billion) and the company had around 50,000 employees globally.
5. Tata Steel
Tata Steel is one of the best Indian multinational steel-making companies, which is typically based in Mumbai, India.
And it also provides a wide range of different steel products such as flat steel, long steel, and speciality steel.
In the year 2021, Tata Steel’s yearly revenue was over ₹1.51 trillion ($20.3 billion) and they were able to pay 80,000 Employees full salary.
6. POSCO
POSCO is another big steel-making company located in various countries, but the company’s headquarters are located in South Korea.
The company is among the largest steel producer in South Korea and one of the largest globally, whereby they produce a wide range of different steel products such as hot-rolled steel, cold-rolled steel, and steel plates.
Meanwhile, as of 2021, POSCO’s revenue was ₩59.1 trillion ($53.3 billion) and the company also had approximately 41,000 employees.
Conclusion
There are various types of basic industries with different specifications, however, in this post, we’ve explained “what companies are in the basic industries field”
