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World Steel Association Elects Sajjan Jindal of Jsw Steel as President;  becomes the first Indian to hold the post

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The World Steel Association (WSA) announced on Wednesday that it has elected JSW Steel president and chief executive officer Sajjan Jindal as president for the period 2021-2022. With this, Jindal becomes the first representative of India to hold the post of president of the WSA. The association also appointed the CEO of Tata Steel TV Narendran and the director of ArcelorMittal LN Mittal to the executive committee.

YU Yong of HBIS Group Co Ltd and Jeong-Woo Choi of POSCO were elected vice chairmen. Mark Vassella of BlueScope Steel Limited has been elected Treasurer and Timoteo Di Maulo of Aperam will be the President of the International Stainless Steel Forum (ISSF).

“The people on the board will serve for one year,” the body said.

Jindal addressed the WSA board members thanking his predecessor Yu Yong for his able chairmanship over the past two years and highlighting the challenges for the global industry going forward, especially in this regard. which concerns climate change.

The board of directors also elected an executive committee of 16 members. Jindal will also be part of the executive committee.

Members include Salah AL-Ansari of Hadeed, Saudi Iron & Steel Company, David B Burritt of United States Steel Corporation, Chen Derong of China Baowu Steel Group Corporation Limited, Jeong-Woo Choi of POSCO, Ugur Dalbeler of olakoglu Metalurji AS, and Eiji Hashimoto of Nippon Steel Corporation, Lakshmi N. Mittal of ArcelorMittal and Thachat Viswanath Narendran, CEO of Tata Steel.

The other members are Andr Bier Gerdau Johannpeter from Gerdau SA, Yoshihisa Kitano from JFE Steel Corporation, Alexey A. Mordashov from Severstal (PAO), Paolo Rocca from Techint Group, Leon J Toplian from Nucor Corporation, YU Yong from HBIS Group Co., Ltd and Hubert Zajicek from voestalpine AG

Edwin Basson was elected secretary of the ASM. The Members Council also welcomed as new members Siam Yamato Steel Company Corporation (SYS) (Thailand), represented by Damrongsak Jaturongpatana and SULB Company (Bahrain) represented by Ravi Singh Indian Iron & Steel Sector Skill Council (IISSSC) (India) represented by Sushim Banerjee was also welcomed by the Board of Directors as an Affiliate Member.

WSA acts as the focal point for the steel industry, providing global leadership on all major strategic issues impacting the industry, with a particular focus on economic, environmental and social sustainability.

Its members represent around 85% of world steel production, including more than 160 steel producers, national and regional steel industry associations and steel research institutes.

Founded in 1967, it is one of the largest representations of the industry in the world and its headquarters are in Brussels.

Engaged in the manufacture of steel products in India and around the world, JSW Group’s flagship product, JSW Steel, is India’s leader and one of the most efficient integrated steel manufacturers in the world. The company is executing expansion projects to achieve a steel production capacity of 37.5 MTPA by fiscal year 2025, including a capacity of 1.5 MTPA in the United States and in jointly controlled entities, against 18 MTPA as of fiscal 2021. The company aims to achieve a steel production capacity of 45 MTPA by fiscal year 2030.
JSW Steel also invests in R&D for sustainable products and emissions control, improving resource consumption, process efficiency and ensuring a multi-pronged digital orientation, thus helping to improve existing practices. . It issued the first US dollar bond linked to the sustainable development of the global steel industry in 2021, linked to its decarbonisation target for 2030.

Founded in 1982, the company mainly produces hot and cold rolled coils. It supplies colored coated products, thermomechanically treated (TMT) bars, rods and special alloy steel products. These products are used in automotive, general engineering, machinery, projects and construction applications. These products serve the domestic market and are exported to more than 100 countries.

(With contributions from the agency)

(Edited by : Priyanka Deshpande)

First publication: STI

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