On July 22, the Fortune Global 500 list was announced in 2019, and 13 steel companies were selected, including 7 Chinese steel companies.

China's top steel companies were China Baowu Iron and Steel Group, Hegang Group, Jiangsu Shagang Group, Qingshan Holding Group, Angang Group, Shougang Group and Xinjiuhua Group, among which Qingshan Holding Group was listed for the first time. Among the foreign steel companies, in addition to ArcelorMittal, South Korea's Pohang, Japan's steel and other "resident" companies, the United States Nucor for the first time on the list.

Angang Group achieved its best position in the Fortune Global 500 with its operating income of US$32.619 billion in 2018, ranking 385th in the list, up 43 places from last year. This is the sixth time Angang Group has entered the list. In 2018, Anshan Iron and Steel Group went deep into the internship of General Secretary Ping Ping’s "Three Advancement" requirements and the spirit of an important speech at the in-depth promotion of the Northeast Revitalization Symposium, relying closely on the cadres and workers, promoting full openness, and promoting continuous improvement of production and operation, industrial structure. The adjustment results have been highlighted, the reform of the system and mechanism has been pushed forward, the vitality of scientific and technological innovation has been fully stimulated, the management of enterprises has been steadily improved, and the profit has reached the best level in history.

Shagang Group ranked 340th in terms of its operating income of 36.441 billion US dollars in 2018, 24 times higher than last year, ranking third in domestic steel enterprises, and was included in the list for the 11th consecutive year. In 2018, Shagang changed its safety production and environmental protection technology to the basics, focusing on cost reduction, innovation, tapping potential and increasing efficiency, strengthening brand building, accelerating technological progress, promoting smart manufacturing, implementing diversified development, and expanding international and domestic The market, production and operation have maintained a stable operation, and the comprehensive competitiveness of enterprises has been continuously improved. In 2018, Shagang Group completed 31.83 million tons of ironmaking, 40.66 million tons of steelmaking, and 39.54 million tons of rolled materials, achieving sales income of 241 billion yuan and profits and taxes of 33 billion yuan.

Qingshan Holding Group Co., Ltd. ranked 361th with sales of 34.422 billion US dollars in 2018, becoming the new Fortune 500 company. Qingshan Holdings was founded in 1988. In recent years, they have actively implemented the national “Belt and Road Initiative” initiative to build large industrial parks in Indonesia, India, Zimbabwe and other countries, and have made rapid development in the field of green new energy. In 2018, Qingshan produced 9.29 million tons of crude steel and 260,000 tons of nickel-iron equivalent, achieving sales revenue of 34.422 billion US dollars.