7. Germany
Production: 42.7 million tonnes
Up next on our list of countries that produce the most steel in the world is Germany which produces the most steel out of all the countries forming part of the European Union. The German industry is often compared with the UK industry, being praised for its long-term strategy. However, it is also criticized for dealing with the issues in the steel industry by placing the adverse impact on the shoulders of the working class, making the rich richer and the poor poorer.