manufactured · input

Hot-dip galvanized steel

Hot-rolled steel strip/coil galvanized with zinc; used for center pivot spans, towers, and lateral frames

7

Source countries

10

Companies

1

Goods affected

0

Claims on record

What depends on it

Goods that need this input

1 essential American goods rely on hot-dip galvanized steel somewhere upstream in their supply chain.

Where it comes from

Source countries

Share of global supply, by country.

Who makes it

Supplier companies

10 companies produce hot-dip galvanized steel.

Valmont Industries(VMI)

HQ U 40% share

Manufacturer of Valley-brand center pivot irrigation systems; largest center pivot OEM globally with ~40% market share

Lindsay Corporation(LNN)

HQ U 30% share

Manufacturer of Zimmatic-brand center pivot irrigation; ~30% global market share; investing $50M+ to expand Nebraska facility

ArcelorMittal(MT)

HQ LU12% share

World's #2 steel producer; operates 3 US coke plants (as part of integrated steel mills in Indiana) that produce coal tar as a mandatory byproduct of the coking process. Coal tar is the raw material for creosote (railroad tie preservative). ArcelorMittal entered long-term coal tar supply agreements with Koppers Holdings through 2026. While ArcelorMittal does not make railroad ties, it is a critical upstream input supplier for the creosote that treats them. The 3 ArcelorMittal coke plants at Indiana Harbor (East Chicago IN), Burns Harbor (Portage IN), and Cleveland OH are primary US coal tar sources for the railroad industry.

POSCO Holdings

HQ KR10% share

South Korean integrated steel producer; world #4 (37.79M MT in 2024). Pohang and Gwangyang steelworks. Produces structural steel plate (KS D 3515 equivalent to S355/S460). Supplies Korean shipbuilders, offshore structures, and heavy machinery makers. Also entering lithium and secondary battery materials as strategic pivot.

China Baowu Steel Group

HQ CN9% share

World's largest steel producer by output: 130.09 million metric tons of crude steel in 2024 (vs. ArcelorMittal at 65M MT — nearly 2x its nearest rival). Revenue 1.11 trillion yuan; Fortune Global 500 rank #44 (2024). Formed 2016 from merger of Baosteel (Shanghai) and WISCO/Wuhan Iron & Steel. Key structural steel plants: Baoshan (Shanghai) and WISCO (Wuhan) for medium-to-heavy plate. Likely primary structural steel supplier for ZPMC crane manufacturing given geographic proximity (both Shanghai-based). Produces Q355, Q460, and other Chinese-standard high-strength structural steel grades for machinery, shipbuilding, and infrastructure.

HBIS Group

HQ CN7% share

China's third-largest steel producer (world #3). Formed from merger of Tangshan Iron & Steel Group and Handan Iron & Steel Group. Annual output ~40 million tons of steel. 263.8 billion yuan total assets. Produces structural steel plates, hot-rolled coil, and heavy plate. Significant supplier of structural steel for Chinese heavy machinery, shipbuilding, and port equipment manufacturers including crane OEMs. Has international assets in Serbia (HBIS Serbia) and South Africa.

Nippon Steel Corporation(5401.T)

HQ JP6% share

Japan's largest and world's #3 steel producer; parent of Standard Steel LLC (the only North American forged rail wheel producer, acquired 2011). Also blocked from acquiring US Steel Corporation (Biden administration denied in January 2025 on national security grounds). The irony: US regulators blocked Nippon Steel from buying a general US steel company for 'national security' reasons, while Nippon Steel already wholly owns the company that provides 100% of the forged steel wheels for US freight railcars — a product with no domestic alternative. Nippon Steel is also a major rail producer for Japanese and global markets.

Nucor Corporation(NUE)

HQ US5% share

Charlotte, NC-based steel company (NYSE: NUE); largest US steel producer by volume; all EAF (electric arc furnace) production. Plate Mill Group: three facilities — Hertford County (Cofield) NC, Brandenburg KY, Tuscaloosa AL. Combined ~3.5 million tons/year plate capacity (cut-to-length and discrete plate). Products: carbon, HSLA, alloy, and pressure vessel-quality steel plate. Markets served include heavy equipment, dump bodies, on-highway trucks, rail cars, barges, ships — fire apparatus structural steel falls in this category. Buy America compliance: all domestic EAF production qualifies. Nucor also owns David J. Joseph (scrap procurement) and various downstream fabricators. Largest US recycled-content steel producer.

JFE Steel Corporation(5411.T)

HQ JP4% share

Japan's 2nd-largest steel producer and major galvanized coil supplier. Produces hot-dip galvanized steel for automotive, construction, and industrial applications. JV with various Asian producers.

Tata Steel Europe

HQ NL3% share

European arm of Tata Steel Group; major tinplate producer at IJmuiden, Netherlands with ~11% global tinplate market share. Major supplier to European food can manufacturers.