- Jindal is the Chairman and Managing Director of JSW Steel and is the first representative from India to serve as the Chairman of the WSA
- The association has also appointed Tata Steel CEO TV Narendran and ArcelorMittal chief LN Mittal to the Executive Committee
Mumbai: The World Steel Association (WSA) has elected Sajjan Jindal as its Chairman for the 2021-22 period, an official statement released by JSW Steel Ltd said on Thursday. Jindal is the Chairman and Managing Director of JSW Steel and is the first representative from India to serve as the Chairman of the WSA. The international body acts as the focal point for the steel industry, providing global leadership on all major strategic issues impacting the industry, particularly focusing on economic, environmental and social sustainability.
Commenting on the news, Jindal said, “It is a privilege to serve as Chairman of the World Steel Association. The next few years look to be interesting for the global steel industry. Governments and policy makers have come to realise that in order to rebuild their economies, they need to increase their spending on infrastructure. This global structural shift has provided the industry with numerous new opportunities to make steel in a more efficient manner. As we contribute to the progress of society, we also need to build a better and cleaner future by working towards decarbonising steel production. We, as an industry, have a responsibility to shape the future in a meaningful and impactful manner.”
World Steel Association (WSA)
Headquartered in Brussels, Belgium, the WSA represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85 percent of global steel production. In an official statement, the association has also appointed Tata Steel CEO TV Narendran and ArcelorMittal chief LN Mittal to the Executive Committee. It added that Indian Iron & Steel Sector Skill Council (IISSSC) (India), represented by Sushim Banerjee, was also welcomed by the board as an affiliate member.
JSW Steel is engaged in the manufacturing of iron and steel products in India and across the globe. JSW Group’s flagship JSW Steel is India’s leading and one of the world’s most efficient integrated steelmakers. The company is executing expansion projects to reach a steelmaking capacity of 37.5 MTPA by FY2025, including 1.5 MTPA capacity in the USA and entities under joint control.
(PSU Watch- India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)