| 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 | — |
