Correct Answer - Option 2 : China
The correct answer is China.
- In 2020, China became the first country to produce over one billion tons of steel.
In 2019, total world crude steel production was 1869.9 million tonnes (Mt).
The biggest steel-producing country is currently China, which accounted for 53.3% of world steel production in 2019.
- The crude steel industry produces blooms, billets, slabs, or plates that are transformed through mechanical processes into rails, structural elements, bars, sheets, or wires.
- Iron ore-based steelmaking accounts for more than two-thirds of the production of crude steel in the world.
CRUDE STEEL PRODUCTION (million metric tons)
Hence, the correct answer is China.