| 1 | POSCO Holdings Inc | 2 | 1 | 59,256,252 |
| 2 | Exxon Mobil Corp | 24 | 11 | 56,699,635 |
| 3 | Nippon Steel Corp | 9 | 1 | 55,199,281 |
| 4 | China Petrochemical Corp | 39 | 2 | 48,007,105 |
| 5 | Angang Steel Co Ltd | 3 | 1 | 45,559,056 |
| 6 | UltraTech Cement Ltd | 24 | 1 | 40,396,285 |
| 7 | JSW Steel Ltd | 4 | 1 | 38,395,920 |
| 8 | JFE Steel Corp | 5 | 1 | 37,730,826 |
| 9 | Saudi Arabian Oil Co | 14 | 6 | 36,396,730 |
| 10 | PetroChina Co Ltd | 30 | 2 | 34,500,587 |
| 11 | Tata Steel Ltd | 4 | 2 | 33,289,239 |
| 12 | Cleveland-Cliffs Inc | 11 | 2 | 33,202,931 |
| 13 | Marathon Petroleum Corp | 13 | 1 | 32,251,944 |
| 14 | Steel Authority of India Ltd | 6 | 1 | 29,779,593 |
| 15 | Valero Energy Corp | 15 | 3 | 29,635,463 |
| 16 | TotalEnergies SE | 15 | 7 | 27,101,365 |
| 17 | Rosneft PJSC | 17 | 2 | 22,565,829 |
| 18 | Indian Oil Corporation Ltd | 12 | 1 | 22,204,028 |
| 19 | Hunan Valin Lianyuan Iron and Steel Co Ltd | 2 | 1 | 22,037,509 |
| 20 | Alcoa Corp | 8 | 5 | 21,798,843 |
| 21 | Petróleo Brasileiro SA | 10 | 1 | 21,619,900 |
| 22 | Reliance Industries Ltd | 5 | 1 | 21,488,417 |
| 23 | Hyundai Steel Co | 3 | 1 | 20,525,812 |
| 24 | Phillips 66 | 11 | 2 | 20,071,550 |
| 25 | Saudi Basic Industries Corp | 10 | 5 | 18,376,669 |
| 26 | United States Steel Corp | 5 | 1 | 18,260,944 |
| 27 | United Company RUSAL PJSC | 18 | 3 | 17,035,677 |
| 28 | BP PLC | 9 | 6 | 17,034,038 |
| 29 | Jindal Steel & Power Ltd | 2 | 1 | 15,979,720 |
| 30 | Shell PLC | 11 | 7 | 15,687,325 |
| 31 | ENEOS Corp | 12 | 1 | 14,593,532 |
| 32 | The Dow Chemical Company | 10 | 7 | 13,808,884 |
| 33 | Petróleos Mexicanos EPE | 10 | 2 | 13,733,219 |
| 34 | OMV AG | 6 | 4 | 13,697,414 |
| 35 | Dangote Cement PLC | 8 | 6 | 13,205,805 |
| 36 | Chevron Corp | 6 | 2 | 13,166,892 |
| 37 | Votorantim Cimentos SA | 22 | 2 | 13,117,727 |
| 38 | National Iranian Oil Refining And Distribution Co | 7 | 1 | 12,842,969 |
| 39 | LUKOIL PJSC | 6 | 3 | 12,431,675 |
| 40 | Government of North Korea | 4 | 1 | 12,222,900 |
| 41 | CF Industries Inc | 6 | 2 | 11,778,368 |
| 42 | Yara International ASA | 6 | 6 | 10,771,132 |
| 43 | Emirates Global Aluminium PJSC | 3 | 1 | 10,664,318 |
| 44 | PBF Energy Inc | 7 | 1 | 10,316,790 |
| 45 | Idemitsu Kosan Co Ltd | 7 | 2 | 10,129,773 |
| 46 | Indian Farmers Fertiliser Cooperative Ltd | 3 | 1 | 10,086,238 |
| 47 | CNOOC | 4 | 1 | 9,642,262 |
| 48 | Mobarakeh Steel Co | 4 | 1 | 9,481,835 |
| 49 | SSAB AB | 3 | 2 | 9,422,260 |
| 50 | Repsol | 5 | 2 | 9,325,804 |
| 51 | SK Inc | 3 | 1 | 9,274,327 |
| 52 | Bharat Petroleum Corporation Ltd | 3 | 1 | 9,139,135 |
| 53 | South32 Ltd | 3 | 3 | 9,039,618 |
| 54 | Koch Industries Inc | 5 | 1 | 8,807,385 |
| 55 | Rio Tinto Ltd | 8 | 3 | 8,795,761 |
| 56 | PT Indocement Tunggal Prakarsa Tbk | 4 | 1 | 8,429,817 |
| 57 | Kuwait National Petroleum Co | 3 | 1 | 8,341,031 |
| 58 | Xinjiang Tianlong Mineral Co | 3 | 1 | 8,187,082 |
| 59 | ArcelorMittal Brasil SA | 6 | 1 | 8,158,755 |
| 60 | Anhui Jinmei Zhongneng Chemical Co Ltd | 3 | 1 | 8,089,851 |
| 61 | Gazprom PJSC | 8 | 2 | 7,974,531 |
| 62 | INEOS AG | 5 | 4 | 7,699,680 |
| 63 | PT Pertamina (Persero) | 8 | 1 | 7,685,347 |
| 64 | HollyFrontier Corp | 9 | 1 | 7,643,662 |
| 65 | Sichuan Esheng Cement Group | 2 | 1 | 7,627,439 |
| 66 | ArcelorMittal SA | 4 | 3 | 7,483,038 |
| 67 | Lucky Cement Ltd | 2 | 1 | 7,466,079 |
| 68 | ACC Ltd | 10 | 1 | 7,404,894 |
| 69 | CEMEX SAB de CV | 17 | 3 | 7,389,201 |
| 70 | J K Cement Ltd | 5 | 1 | 7,372,151 |
| 71 | Formosa Plastics Corp | 2 | 2 | 7,344,391 |
| 72 | Bestway Cement Ltd | 5 | 1 | 7,337,741 |
| 73 | Sonatrach SpA | 8 | 2 | 7,269,498 |
| 74 | BUA International Ltd | 2 | 1 | 7,195,581 |
| 75 | Southern Province Cement Co | 3 | 1 | 7,094,343 |
| 76 | Ambuja Cements Ltd | 6 | 1 | 7,020,033 |
| 77 | Mitsubishi UBE Cement Corp | 6 | 1 | 7,009,989 |
| 78 | Siam City Cement PCL | 3 | 1 | 6,985,369 |
| 79 | Shree Cement Ltd | 6 | 1 | 6,880,466 |
| 80 | Chettinad Cement Corporation Pvt Ltd | 5 | 1 | 6,855,751 |
| 81 | Hindustan Petroleum Corporation Ltd | 2 | 1 | 6,738,242 |
| 82 | Hyundai Oilbank Co Ltd | 2 | 1 | 6,674,529 |
| 83 | India Cements Ltd | 7 | 1 | 6,613,046 |
| 84 | ArcelorMittal South Africa Ltd | 2 | 1 | 6,513,414 |
| 85 | Anhui HAOYUAN Chemical Group Co Ltd | 5 | 1 | 6,439,309 |
| 86 | Eni SpA | 8 | 3 | 6,380,640 |
| 87 | Türkiye Petrol Rafinerileri AŞ | 4 | 1 | 6,360,933 |
| 88 | LyondellBasell Industries NV | 8 | 4 | 6,319,485 |
| 89 | Rosneft Deutschland GmbH | 3 | 1 | 6,254,677 |
| 90 | Cenovus Energy Inc | 5 | 2 | 6,249,951 |
| 91 | PTT Group | 2 | 1 | 6,210,550 |
| 92 | Ramco Cements Ltd | 5 | 1 | 6,027,442 |
| 93 | China XLX Fertiliser Ltd | 2 | 1 | 5,876,762 |
| 94 | Aluminum Corporation of China Ltd | 4 | 1 | 5,865,519 |
| 95 | PT Semen Indonesia (Persero) Tbk | 2 | 1 | 5,786,471 |
| 96 | Lafarge Africa PLC | 4 | 1 | 5,733,820 |
| 97 | ArcelorMittal España SA | 2 | 1 | 5,713,538 |
| 98 | ONGC | 3 | 1 | 5,684,296 |
| 99 | Sinochem | 7 | 1 | 5,634,340 |
| 100 | BASF SE | 7 | 4 | 5,607,148 |
| 101 | SIBUR Holding PJSC | 7 | 1 | 5,484,091 |
| 102 | Shandong Iron and Steel Co Ltd | 2 | 1 | 5,375,747 |
| 103 | Heidelberg Materials US Inc | 10 | 2 | 5,280,052 |
| 104 | QatarEnergy | 3 | 1 | 5,192,116 |
| 105 | Taiheiyo Cement Corp | 7 | 1 | 5,183,079 |
| 106 | CSN Cimentos Brasil SA | 7 | 1 | 5,127,632 |
| 107 | National Aluminium Co Ltd | 2 | 1 | 5,124,751 |
| 108 | Petroliam Nasional Bhd | 4 | 1 | 5,099,763 |
| 109 | PT Solusi Bangun Indonesia Tbk | 3 | 1 | 5,069,472 |
| 110 | Methanex Corp | 7 | 4 | 5,063,416 |
| 111 | Nutrien Ltd | 5 | 2 | 5,042,217 |
| 112 | Republic Cement & Building Materials Inc | 5 | 1 | 5,041,106 |
| 113 | Kesoram Industries Ltd | 2 | 1 | 4,937,699 |
| 114 | PKN ORLEN | 2 | 2 | 4,915,747 |
| 115 | Emsteel Building Materials PJSC | 2 | 1 | 4,905,552 |
| 116 | Shaanxi Beiyuan Chemical Group Co Ltd | 2 | 1 | 4,890,629 |
| 117 | Fauji Cement Co Ltd | 4 | 1 | 4,876,708 |
| 118 | Holcim (US) Inc | 13 | 1 | 4,815,271 |
| 119 | Lafarge Cement Company Egypt SAE | 2 | 1 | 4,797,482 |
| 120 | Uralchem JSC | 2 | 1 | 4,675,972 |
| 121 | St Marys Cement Inc (Canada) | 5 | 2 | 4,659,172 |
| 122 | Irving Oil Ltd | 2 | 2 | 4,650,263 |
| 123 | Kardemir Karabuk Demir Çelik Sanayi Ve Ticaret AŞ | 2 | 1 | 4,586,652 |
| 124 | Lotte Chemical Corp | 4 | 3 | 4,476,003 |
| 125 | Cepsa | 2 | 1 | 4,427,890 |
| 126 | Tangshan Jidong Cement Co Ltd | 3 | 1 | 4,419,208 |
| 127 | WISCO Group Kunming Steel Co Ltd | 2 | 1 | 4,410,513 |
| 128 | Sumitomo Osaka Cement Co Ltd | 4 | 1 | 4,402,795 |
| 129 | LafargeHolcim Maroc SA | 7 | 1 | 4,365,821 |
| 130 | Malayan Cement Bhd | 4 | 1 | 4,335,633 |
| 131 | Suzano SA | 9 | 1 | 4,308,335 |
| 132 | PT Top Investment Indonesia | 2 | 2 | 4,213,454 |
| 133 | State Oil Company of Azerbaijan Republic | 3 | 2 | 4,179,820 |
| 134 | EuroChem Group AG | 4 | 1 | 4,130,951 |
| 135 | Surgutneftegas | 2 | 2 | 4,113,793 |
| 136 | Chengdu Xindu Chemical Co Ltd | 2 | 1 | 4,108,458 |
| 137 | Togliattiazot PJSC | 2 | 1 | 4,095,383 |
| 138 | Nucor Corp | 11 | 1 | 3,967,120 |
| 139 | MOL Group | 4 | 4 | 3,935,163 |
| 140 | Ecopetrol SA | 5 | 1 | 3,876,895 |
| 141 | Empresas CMPC SA | 3 | 2 | 3,843,021 |
| 142 | Suncor Energy Inc | 4 | 2 | 3,768,947 |
| 143 | Arabian Cement Company SJSC | 2 | 2 | 3,754,604 |
| 144 | Petróleos de Venezuela SA | 3 | 1 | 3,698,461 |
| 145 | China Resources Cement (Pingnan) Ltd | 2 | 1 | 3,696,177 |
| 146 | Chevron Phillips Chemical | 2 | 2 | 3,659,703 |
| 147 | Eurasian Resources Group SARL | 2 | 1 | 3,646,968 |
| 148 | Egyptian General Petroleum Corp | 5 | 1 | 3,603,115 |
| 149 | Saarstahl AG | 2 | 2 | 3,592,384 |
| 150 | Ministry of Industry and Construction Production (Turkmenistan) | 4 | 1 | 3,586,120 |
| 151 | Limak Cimento Sanayi ve Ticaret AŞ | 7 | 1 | 3,533,370 |
| 152 | CPC Corporation Taiwan | 2 | 1 | 3,521,237 |
| 153 | Sasol | 3 | 2 | 3,507,873 |
| 154 | Cosmo Oil | 3 | 1 | 3,451,659 |
| 155 | Camentum JSC | 4 | 1 | 3,403,924 |
| 156 | Promsort LLC | 3 | 1 | 3,398,295 |
| 157 | Sinoma Hengda Cement Co Ltd | 2 | 1 | 3,382,575 |
| 158 | Hellenic Petroleum | 4 | 2 | 3,376,770 |
| 159 | Holcim Philippines Inc | 4 | 1 | 3,371,280 |
| 160 | Ash Grove Cement Co | 11 | 1 | 3,346,858 |
| 161 | Iraq National Oil Co | 12 | 1 | 3,319,333 |
| 162 | National Company KazMunayGas JSC | 3 | 1 | 3,307,362 |
| 163 | Penna Cement Industries Ltd | 4 | 1 | 3,236,027 |
| 164 | Shaanxi Yanchang Petroleum (Group) Co Ltd | 3 | 1 | 3,233,530 |
| 165 | Siam Cement (Ta Luang) Co Ltd | 2 | 1 | 3,230,121 |
| 166 | Bangchak Sriracha PCL | 2 | 1 | 3,211,550 |
| 167 | SLK Cement LLC | 2 | 1 | 3,168,259 |
| 168 | Heidelberg Materials Italia Cementi SpA | 7 | 1 | 3,150,081 |
| 169 | JK Lakshmi Cement Ltd | 2 | 1 | 3,123,741 |
| 170 | Dalmia Cement (Bharat) Ltd | 4 | 1 | 3,121,688 |
| 171 | Liberty Steel Group | 7 | 5 | 3,117,727 |
| 172 | Buzzi Unicem USA Inc | 7 | 1 | 3,095,533 |
| 173 | Xuan Thanh Cement JSC | 3 | 1 | 3,049,059 |
| 174 | CEMEX Inc | 8 | 1 | 3,022,630 |
| 175 | Novorostsement OJSC | 3 | 1 | 2,992,472 |
| 176 | Hindalco Industries Ltd | 4 | 1 | 2,964,914 |
| 177 | Shandong Nanshan Aluminium Co Ltd | 2 | 1 | 2,964,568 |
| 178 | DG Khan Cement Co Ltd | 3 | 1 | 2,941,653 |
| 179 | TCC Group Holdings Co Ltd | 2 | 1 | 2,930,871 |
| 180 | Luxi Chemical Group Co Ltd | 4 | 1 | 2,915,908 |
| 181 | Ssangyong C&E Co Ltd | 2 | 1 | 2,912,985 |
| 182 | InterCement Brasil SA | 8 | 1 | 2,897,782 |
| 183 | Holcim México Operaciones SA de CV | 7 | 1 | 2,858,025 |
| 184 | Ministry of Construction and Building-Materials Industry (North Korea) | 10 | 1 | 2,839,758 |
| 185 | Buzzi SpA | 7 | 1 | 2,833,861 |
| 186 | Equinor ASA | 2 | 1 | 2,827,590 |
| 187 | Loma Negra Compania Industrial Argentina SA | 4 | 1 | 2,807,261 |
| 188 | Cementos Portland Valderrivas SA | 6 | 1 | 2,796,204 |
| 189 | RCCPL Pvt Ltd | 2 | 1 | 2,751,188 |
| 190 | Delek Group Ltd | 4 | 1 | 2,743,072 |
| 191 | Chevron Phillips | 3 | 2 | 2,731,212 |
| 192 | Vicat SA | 5 | 1 | 2,706,241 |
| 193 | Zuari Cement Ltd | 2 | 1 | 2,700,334 |
| 194 | Cimko Cimento ve Beton Sanayi ve Ticaret AŞ | 3 | 1 | 2,697,653 |
| 195 | OQ | 2 | 1 | 2,657,430 |
| 196 | YPF SA | 2 | 1 | 2,644,787 |
| 197 | Heracles General Cement Co | 2 | 1 | 2,613,125 |
| 198 | Vissai Ninh Binh JSC | 2 | 1 | 2,579,573 |
| 199 | Unacem Perú SA | 2 | 1 | 2,570,151 |
| 200 | Corporación Moctezuma SAB de CV | 3 | 1 | 2,561,365 |
| 201 | Yunnan Aluminium Co Ltd | 3 | 1 | 2,547,687 |
| 202 | Southern Cement State Co | 6 | 1 | 2,546,989 |
| 203 | Companhia Nacional de Cimento - CNC Ltda | 5 | 1 | 2,507,405 |
| 204 | Galp | 2 | 1 | 2,497,426 |
| 205 | Klesch Group Ltd | 3 | 2 | 2,495,432 |
| 206 | Union Corp | 2 | 1 | 2,481,357 |
| 207 | Akçansa Çimento Sanayi ve Ticaret AŞ | 3 | 1 | 2,471,199 |
| 208 | Çimentas Izmir Çimento Fabrikasi Türk AŞ | 4 | 1 | 2,460,623 |
| 209 | Holcim España SAU | 5 | 1 | 2,456,925 |
| 210 | Xinfa Group Co Ltd | 2 | 1 | 2,443,909 |
| 211 | Empresa Nacional del Petróleo | 2 | 1 | 2,434,105 |
| 212 | Mass Group Holding Ltd | 2 | 2 | 2,412,617 |
| 213 | Celulosa Arauco y Constitución SA | 5 | 1 | 2,398,944 |
| 214 | Nuvoco Vistas Corporation Ltd | 4 | 1 | 2,387,964 |
| 215 | Holcim (Argentina) SA | 3 | 1 | 2,374,005 |
| 216 | Par Pacific Holdings Inc | 4 | 1 | 2,312,700 |
| 217 | Venezolana de Cementos | 3 | 1 | 2,291,445 |
| 218 | Çimsa España Operaciones SLU | 5 | 1 | 2,289,408 |
| 219 | Aluminum Corporation of China | 8 | 1 | 2,288,058 |
| 220 | Cementos Argos SA | 6 | 1 | 2,257,122 |
| 221 | Askale Cimento Sanayi AŞ | 4 | 1 | 2,238,400 |
| 222 | InterCement Portugal SA | 3 | 1 | 2,213,507 |
| 223 | Rain Cements Ltd | 2 | 1 | 2,212,588 |
| 224 | ORLEN SA | 2 | 1 | 2,206,542 |
| 225 | SECIL - Companhia Geral de Cal e Cimento SA | 5 | 2 | 2,184,058 |
| 226 | API Holding SpA | 2 | 1 | 2,183,046 |
| 227 | CVR Energy Inc | 2 | 1 | 2,181,485 |
| 228 | Hubei Yihua Chemical Industry Co Ltd | 2 | 1 | 2,168,475 |
| 229 | Orlen Unipetrol | 3 | 1 | 2,166,285 |
| 230 | Heidelberg Materials Romania SA | 3 | 1 | 2,126,794 |
| 231 | Preem AB | 2 | 1 | 2,093,098 |
| 232 | Birla Corporation Ltd | 2 | 1 | 2,086,649 |
| 233 | CEMROS JSC | 3 | 1 | 2,070,353 |
| 234 | PT Asia Pulp & Paper Group | 4 | 1 | 2,053,611 |
| 235 | Huaqiang Chemical Group Co Ltd | 2 | 1 | 2,033,351 |
| 236 | Qassim Cement Company SJSC | 2 | 1 | 1,968,159 |
| 237 | Bolu Çimento Sanayii AŞ | 2 | 1 | 1,928,069 |
| 238 | Hebei Jinyu Dingxin Cement Co Ltd | 3 | 1 | 1,917,119 |
| 239 | CHS Inc | 2 | 1 | 1,903,309 |
| 240 | Shiraz Petrochemical Co | 2 | 1 | 1,888,166 |
| 241 | Ciments Calcia SAS | 7 | 1 | 1,881,906 |
| 242 | Dyckerhoff GmbH | 5 | 1 | 1,878,304 |
| 243 | Tosoh Corp | 2 | 1 | 1,873,992 |
| 244 | Hongshi Holding Group Co Ltd | 2 | 2 | 1,873,858 |
| 245 | Cooperativa La Cruz Azul SCL | 3 | 1 | 1,867,314 |
| 246 | Saveh Cement Company PJSC | 2 | 1 | 1,846,898 |
| 247 | Kuishan Jidong Cement Co Ltd | 2 | 1 | 1,842,301 |
| 248 | Grupa Azoty SA | 3 | 1 | 1,839,174 |
| 249 | Titan Cement International SA | 3 | 1 | 1,838,773 |
| 250 | Çimsa Çimento Sanayi ve Ticaret AŞ | 3 | 1 | 1,837,853 |
| 251 | Government of Belarus | 2 | 1 | 1,824,220 |
| 252 | ASO CEMENT Co Ltd | 2 | 1 | 1,823,041 |
| 253 | Lafarge Canada Inc | 5 | 1 | 1,816,661 |
| 254 | Mizu Cimentos SA | 7 | 1 | 1,792,739 |
| 255 | Sagar Cements Ltd | 2 | 1 | 1,772,607 |
| 256 | Stora Enso Oyj | 9 | 4 | 1,758,231 |
| 257 | Södra Skogsägarna Ek For | 5 | 1 | 1,751,584 |
| 258 | Cementos Pacasmayo SAA | 3 | 1 | 1,751,451 |
| 259 | Steel Dynamics Inc | 6 | 1 | 1,746,254 |
| 260 | Colacem SpA | 6 | 1 | 1,742,033 |
| 261 | Argos USA LLC | 4 | 1 | 1,738,605 |
| 262 | Cong Thanh Cement JSC | 2 | 1 | 1,728,009 |
| 263 | Metsä Fibre Oy | 5 | 1 | 1,725,945 |
| 264 | Heidelberg Materials AG | 7 | 1 | 1,724,295 |
| 265 | Ternium México SA de CV | 3 | 1 | 1,702,957 |
| 266 | Cementos Progreso SA | 3 | 2 | 1,682,221 |
| 267 | Orient Cement Ltd | 2 | 1 | 1,677,505 |
| 268 | Industria de Venezolana de Cemento SA | 3 | 1 | 1,671,783 |
| 269 | Riyadh Cement Company SJSC | 2 | 1 | 1,648,002 |
| 270 | Negeri Sembilan Cement Industries Sdn Bhd | 2 | 1 | 1,640,793 |
| 271 | LAT Nitrogen Linz GmbH | 2 | 2 | 1,638,286 |
| 272 | Akkermann Cement LLC | 2 | 1 | 1,606,282 |
| 273 | Norsk Hydro ASA | 4 | 1 | 1,598,265 |
| 274 | GAIL Ltd | 2 | 1 | 1,594,712 |
| 275 | Al Ahlia Cement Co | 3 | 1 | 1,593,931 |
| 276 | Zibo Shanshui Cement Co Ltd | 2 | 1 | 1,589,445 |
| 277 | Dongguan Nine Dragons Paper Industries Co Ltd | 9 | 3 | 1,588,845 |
| 278 | Asia Cement Corp | 2 | 1 | 1,582,486 |
| 279 | Huafeng Aluminum Group | 3 | 1 | 1,581,102 |
| 280 | West China Cement Ltd | 2 | 2 | 1,565,546 |
| 281 | GCC SAB de CV | 8 | 2 | 1,539,453 |
| 282 | Dyckerhoff Cement Ukraine PrAT | 2 | 1 | 1,538,818 |
| 283 | Safmar Group JSC | 2 | 1 | 1,512,446 |
| 284 | Bangladesh Chemical Industries Corp | 2 | 1 | 1,501,486 |
| 285 | Sinai White Portland Cement Company SAE | 2 | 1 | 1,496,413 |
| 286 | KCP Ltd | 2 | 1 | 1,483,132 |
| 287 | Jindal Stainless Ltd | 2 | 1 | 1,466,693 |
| 288 | Ciments du Maroc SA | 3 | 1 | 1,461,406 |
| 289 | Petroecuador | 3 | 1 | 1,453,648 |
| 290 | Lafarge France | 6 | 1 | 1,417,533 |
| 291 | PPC Ltd | 6 | 1 | 1,416,896 |
| 292 | Petron Corp | 2 | 2 | 1,387,952 |
| 293 | Mitsubishi Chemical Corp | 2 | 1 | 1,379,254 |
| 294 | Gerdau Acos Longos SA | 4 | 1 | 1,369,670 |
| 295 | Suez Cement Company SAE | 2 | 1 | 1,363,217 |
| 296 | Holcim (Romania) SA | 2 | 1 | 1,348,539 |
| 297 | Amsteel Mills Sdn Bhd | 2 | 1 | 1,339,461 |
| 298 | Danucem Slovensko AS | 2 | 1 | 1,338,064 |
| 299 | Cementos Tudela Veguín SA | 3 | 1 | 1,330,391 |
| 300 | Itabira Agro Industrial SA | 3 | 1 | 1,329,375 |
| 301 | HeidelbergCement Rus LLC | 2 | 1 | 1,318,052 |
| 302 | Lafarge Iraq | 2 | 1 | 1,315,509 |
| 303 | Fars Cement Co | 2 | 1 | 1,311,075 |
| 304 | Navoiazot JSC | 2 | 1 | 1,306,698 |
| 305 | National Cement Company Inc | 2 | 1 | 1,306,560 |
| 306 | Hanil Hyundai Cement Co Ltd | 2 | 1 | 1,274,610 |
| 307 | Holcim El Salvador SA de CV | 2 | 1 | 1,273,033 |
| 308 | Ypf SA | 2 | 1 | 1,272,171 |
| 309 | Vitol | 4 | 4 | 1,266,439 |
| 310 | CalPortland Co | 4 | 1 | 1,261,931 |
| 311 | Huaxin Cement Co Ltd | 4 | 4 | 1,258,744 |
| 312 | Afrisam (South Africa) Pty Ltd | 2 | 1 | 1,249,935 |
| 313 | SCHWENK Zement GmbH & Co KG | 4 | 1 | 1,228,159 |
| 314 | Irish Cement Ltd | 2 | 1 | 1,222,440 |
| 315 | HeidelbergCement India Ltd | 2 | 1 | 1,213,640 |
| 316 | Anhui Conch Cement Co Ltd | 2 | 1 | 1,212,210 |
| 317 | LSB Industries Inc | 3 | 1 | 1,201,213 |
| 318 | United Cement Group PLC | 4 | 2 | 1,195,921 |
| 319 | Yemen General Corporation for Cement Industry and Marketing | 3 | 1 | 1,195,799 |
| 320 | Tianrui Group Nanzhao Cement Co Ltd | 2 | 1 | 1,194,854 |
| 321 | National Oil Corp | 6 | 1 | 1,192,254 |
| 322 | ROMCIM SA | 2 | 1 | 1,186,515 |
| 323 | Vicem Ha Tien Cement JSC | 2 | 1 | 1,175,930 |
| 324 | Meizhou Ningjiang Cement Co Ltd | 2 | 1 | 1,171,330 |
| 325 | Duna Drava Cement Kft | 2 | 1 | 1,164,612 |
| 326 | Cement Australia Holdings Pty Ltd | 2 | 1 | 1,163,662 |
| 327 | UPM-Kymmene Oyj | 6 | 1 | 1,156,471 |
| 328 | Spasskcement JSC | 2 | 1 | 1,155,365 |
| 329 | Eqiom SAS | 3 | 1 | 1,150,924 |
| 330 | Hubei Baizhaoshan Cement Co Ltd | 2 | 1 | 1,150,204 |
| 331 | Votorantim Çimento Sanayi Ve Ticaret AŞ | 2 | 1 | 1,135,025 |
| 332 | CEMEX Hrvatska dd | 2 | 1 | 1,132,111 |
| 333 | Dewan Cement Ltd | 2 | 1 | 1,131,955 |
| 334 | National Cement Company Ltd | 2 | 1 | 1,118,859 |
| 335 | OQ Base Industries SAOG | 2 | 1 | 1,106,664 |
| 336 | Borealis AG | 2 | 2 | 1,100,844 |
| 337 | CEMEX Polska SP zoo | 2 | 1 | 1,072,898 |
| 338 | Wuhu Nanfang Cement Co Ltd | 2 | 1 | 1,056,942 |
| 339 | Holcim (Schweiz) AG | 4 | 1 | 1,056,868 |
| 340 | Heidelberg Materials UK Ltd | 3 | 1 | 1,056,247 |
| 341 | Gunvor Group | 2 | 2 | 1,046,302 |
| 342 | Almalyk Mining and Metallurgical Complex JSC | 2 | 1 | 1,036,097 |
| 343 | Tanzania Portland Cement PLC | 2 | 1 | 1,034,489 |
| 344 | Baota Petrochemical Group Co Ltd | 2 | 1 | 1,020,843 |
| 345 | Cementos Avellaneda SA | 2 | 1 | 1,011,921 |
| 346 | Breedon Group PLC | 2 | 2 | 1,011,223 |
| 347 | Al Maysarah Group | 2 | 1 | 994,112 |
| 348 | Titan America LLC | 2 | 1 | 971,817 |
| 349 | Heidelberg Materials CZ AS | 2 | 1 | 970,624 |
| 350 | Huaxin Cement (Zhaotong) Co Ltd | 2 | 1 | 965,156 |
| 351 | Cementos Fortaleza SA de CV | 3 | 1 | 964,727 |
| 352 | Thomas Zement GmbH & Co KG | 2 | 1 | 963,571 |
| 353 | Saurashtra Cement Ltd | 2 | 1 | 947,596 |
| 354 | Empresa Productiva Cementos de Bolivia | 2 | 1 | 942,621 |
| 355 | Ministry of Industry (Myanmar) | 2 | 1 | 942,447 |
| 356 | Bashkir Soda Company OJSC | 2 | 1 | 917,997 |
| 357 | Turkmennebit | 2 | 1 | 903,439 |
| 358 | The Navigator Co | 5 | 1 | 903,106 |
| 359 | Libyan Cement Co | 2 | 1 | 876,906 |
| 360 | Bracell SP Celulose Ltda | 2 | 1 | 870,494 |
| 361 | Continental Cement Company LLC | 2 | 1 | 865,661 |
| 362 | Tarmac Holdings Ltd | 3 | 1 | 844,887 |
| 363 | Alro Slatina SA | 2 | 1 | 838,635 |
| 364 | KG Steel Co Ltd | 2 | 1 | 837,298 |
| 365 | Guangxi Denggao (Group) Tandong Cement Co Ltd | 2 | 1 | 834,112 |
| 366 | Ostchem | 2 | 1 | 828,666 |
| 367 | Sociedad Boliviana de Cemento SA | 2 | 1 | 824,224 |
| 368 | PT Pabrik Kertas Tjiwi Kimia Tbk | 3 | 1 | 804,097 |
| 369 | Petroperu | 3 | 1 | 793,157 |
| 370 | Tata Chemicals Ltd | 3 | 2 | 792,882 |
| 371 | Lao Cement PCL | 2 | 1 | 774,012 |
| 372 | Daio Paper Corp | 2 | 1 | 773,039 |
| 373 | Ferçim Çimento Fabrikası AŞ | 2 | 1 | 771,280 |
| 374 | Corporacion Socialista del Cemento | 2 | 1 | 767,504 |
| 375 | Industria Cementi Giovanni Rossi SpA | 2 | 1 | 738,015 |
| 376 | Ciments de L'Atlas SA | 2 | 1 | 728,795 |
| 377 | Cahya Mata Cement Sdn Bhd | 2 | 1 | 710,469 |
| 378 | Holcim Polska SA | 2 | 1 | 710,437 |
| 379 | Mongolyn Alt LLC | 2 | 1 | 708,065 |
| 380 | Jalaprathan Cement PCL | 2 | 1 | 706,641 |
| 381 | Alvance British Aluminium | 2 | 2 | 698,565 |
| 382 | Fertiberia SA | 2 | 1 | 693,000 |
| 383 | Heidelberg Materials Cement Sweden AB | 2 | 1 | 686,850 |
| 384 | Kryvyi Rih Cement PrJSC | 2 | 1 | 684,486 |
| 385 | HeidelbergCement Georgia Ltd | 2 | 1 | 681,024 |
| 386 | Adelaide Brighton Cement Ltd | 2 | 1 | 675,914 |
| 387 | Holcim (Österreich) GmbH | 2 | 1 | 662,339 |
| 388 | Nanshan Group Co Ltd | 2 | 1 | 654,725 |
| 389 | CEMEX Colombia SA | 2 | 1 | 638,333 |
| 390 | Finnsementti Oy | 2 | 1 | 614,115 |
| 391 | Celulose Nipo - Brasileira SA | 2 | 1 | 605,668 |
| 392 | International Cement Group Ltd | 2 | 2 | 604,733 |
| 393 | Tung Ho Steel Enterprise Corp | 3 | 1 | 602,753 |
| 394 | Calumet Specialty Products Partners LP | 4 | 1 | 599,787 |
| 395 | AUDUBON MATERIALS LLC | 2 | 1 | 579,667 |
| 396 | Alcoa Norway | 2 | 1 | 570,963 |
| 397 | Guangdong Guangxin Qingzhou Cement Co Ltd | 2 | 1 | 568,816 |
| 398 | Uzbekneftegaz JSC | 3 | 1 | 567,167 |
| 399 | Hoang Long Cement JSC | 2 | 1 | 566,112 |
| 400 | Cement Corporation of India Ltd | 3 | 1 | 560,017 |
| 401 | Arctic Slope Regional Corp | 2 | 1 | 545,576 |
| 402 | Hunt Consolidated Inc | 2 | 1 | 540,191 |
| 403 | Metafrax Chemicals | 2 | 1 | 537,264 |
| 404 | Nynas GmbH & Co KG | 2 | 2 | 535,167 |
| 405 | Shchekinoazot | 2 | 1 | 531,426 |
| 406 | Heidelberg Materials Hispania Cementos SA | 2 | 1 | 522,019 |
| 407 | UMK-Stal LLC | 2 | 1 | 520,219 |
| 408 | Faraz Firouzkoh Cement Co | 2 | 1 | 473,671 |
| 409 | Heidelberg Materials Sement Norge AS | 2 | 1 | 471,394 |
| 410 | Holcim (Deutschland) GmbH | 3 | 1 | 466,770 |
| 411 | Sonangol | 2 | 1 | 463,707 |
| 412 | Cuba Petróleo SA | 3 | 1 | 459,498 |
| 413 | Tuticorin Alkali Chemicals and Fertilizers Ltd | 2 | 1 | 457,100 |
| 414 | Unión Cementera Nacional SA | 2 | 1 | 441,988 |
| 415 | Trimet Aluminium SE | 3 | 1 | 432,549 |
| 416 | Heidelberg Materials Benelux SA | 2 | 1 | 424,249 |
| 417 | Attock Oil Company Ltd | 2 | 1 | 415,061 |
| 418 | Administracion Nacional de Combustibles Alcohol y Portland | 2 | 1 | 413,420 |
| 419 | CMPC Celulosa SA | 2 | 1 | 398,362 |
| 420 | Chilanga Cement PLC | 2 | 1 | 393,189 |
| 421 | Italsacci SpA | 2 | 1 | 387,243 |
| 422 | Aperam Stainless Belgium NV | 2 | 1 | 371,072 |
| 423 | Ence Energía y Celulosa SA | 2 | 1 | 367,808 |
| 424 | Gerdau Ameristeel Corp | 6 | 2 | 364,738 |
| 425 | Double A PLC | 2 | 1 | 353,077 |
| 426 | Iranian Aluminium Co | 2 | 1 | 348,023 |
| 427 | DeAcero SAPI de CV | 2 | 1 | 342,757 |
| 428 | Toscelik Profil ve Sac Endustrisi AS | 2 | 1 | 322,459 |
| 429 | Corporación de Cementos Cubanos | 2 | 1 | 309,397 |
| 430 | Commercial Metals Co | 7 | 1 | 301,421 |
| 431 | Cementos Bio Bio SA | 3 | 1 | 301,137 |
| 432 | Ergon Inc | 2 | 1 | 296,734 |
| 433 | China Hongqiao Group Ltd | 2 | 1 | 292,244 |
| 434 | Mercer International Inc | 5 | 2 | 286,419 |
| 435 | Oji Fibre Solutions (NZ) Ltd | 2 | 1 | 278,037 |
| 436 | Tokyo Steel Manufacturing Co Ltd | 4 | 1 | 276,786 |
| 437 | Solvay NV | 2 | 2 | 269,255 |
| 438 | NNPC Ltd | 3 | 1 | 261,628 |
| 439 | Heyuan Derun Steel Co Ltd | 2 | 1 | 256,757 |
| 440 | Cementos del Oriente SA | 2 | 1 | 255,169 |
| 441 | Affordable Solar Silver City LLC | 2 | 1 | 254,040 |
| 442 | SSAB Americas Holding AB | 2 | 1 | 244,545 |
| 443 | Paper Excellence Canada Holdings Corp | 4 | 1 | 242,207 |
| 444 | Shanxi Guanlu Group Co Ltd | 2 | 1 | 233,765 |
| 445 | West Fraser Timber Co Ltd | 7 | 1 | 228,256 |
| 446 | Dongkuk Steel Mill Co Ltd | 2 | 1 | 211,821 |
| 447 | Sichuan Aostar Group Co | 2 | 1 | 208,224 |
| 448 | Egyptian Steel Group | 2 | 1 | 204,792 |
| 449 | Pomina Steel JSC | 2 | 1 | 203,290 |
| 450 | Nanaimo Forest Products Ltd | 2 | 1 | 199,386 |
| 451 | Evraz North America PLC | 2 | 2 | 192,304 |
| 452 | Burgo Group SpA | 2 | 2 | 188,703 |
| 453 | Acciaierie Venete SpA | 3 | 1 | 186,740 |
| 454 | Outokumpu Stainless AB | 2 | 2 | 176,350 |
| 455 | GV do Brasil Industria e Comercio de Aço Ltda | 2 | 1 | 155,659 |
| 456 | Kyoei Steel Ltd | 3 | 1 | 152,967 |
| 457 | Charter Manufacturing Co Inc | 2 | 1 | 143,794 |
| 458 | Lehigh White Cement Company LLC | 2 | 1 | 140,998 |
| 459 | Silver Eagle Refining Inc | 2 | 1 | 121,151 |
| 460 | DOMTAR Corp | 2 | 1 | 109,194 |
| 461 | Sev.en Global Investments AS | 2 | 2 | 101,280 |
| 462 | Aceros Especiales Simec Tlaxcala SA de CV | 2 | 1 | 96,954 |
| 463 | Infrabuild Australia Pty Ltd | 2 | 1 | 95,115 |
| 464 | JFE Bars & Shapes Corp | 3 | 1 | 93,688 |
| 465 | Ovako AB | 2 | 2 | 88,275 |
| 466 | International Paper Co | 4 | 4 | 83,766 |
| 467 | SteelAsia Manufacturing Corp | 2 | 1 | 80,570 |
| 468 | China Offshore Bitumen Co Ltd | 2 | 1 | 76,642 |
| 469 | Gerdau Corsa SAPI de CV | 2 | 1 | 74,351 |
| 470 | Metallus Inc | 2 | 1 | 60,387 |
| 471 | Tata Steel (Thailand) PCL | 2 | 1 | 51,151 |
| 472 | Nippon Paper Industries Co Ltd | 4 | 1 | 44,730 |
| 473 | Godo Steel Ltd | 3 | 1 | 40,483 |
| 474 | Luang Prabang Conch Cement Co | 2 | 1 | 40,069 |
| 475 | Riva Acciaio SpA | 2 | 1 | 38,935 |
| 476 | Siam Yamato Steel Co Ltd | 2 | 1 | 18,945 |
| 477 | Corral Petroleum Holdings AB | 2 | 1 | — |
| 478 | Karcement JSC | 2 | 1 | — |
| 479 | Qinghai Baihe Aluminium Co Ltd | 2 | 1 | — |
| 480 | Ilim Group JSC | 3 | 1 | — |
| 481 | Metsä Board Oyj | 2 | 1 | — |
| 482 | Hokuetsu Corp | 6 | 1 | — |
| 483 | Ballarpur Industries Ltd | 5 | 1 | — |
| 484 | Rosneft | 2 | 1 | — |
| 485 | Lukoil | 3 | 1 | — |
