World Steel Association

World Steel Association
Abbreviation worldsteel
Formation 19 October 1967
Type Industry trade group
Headquarters Brussels, Belgium
Location
  • Brussels
Key people
 Chairman:John Ferriola, Chairman, CEO, and President, Nucor Corporation
Vice Chairmen:
Wolfgang Eder, Chairman & CEO, voestalpine AG
Kosei Shindo, Representative Director & President, Nippon Steel and Sumitomo Metal Corporation
Treasurer:
Eiji Hayashida, President and CEO, JFE Steel Corporation
Website www.worldsteel.org

World Steel Association, often abbreviated as worldsteel, is the international trade body for the iron and steel industry. The association represents over 150 steel producers (including 9 of the world's 10 largest steel companies), national and regional steel industry associations and steel research institutes. World Steel Association members represent around 85% of world steel production.

It is a non-profit organisation with its headquarters in Brussels, Belgium and a second office in Beijing, China, whose purpose is to promote steel and the steel industry to customers, the industry, media and the general public.

Membership

Companies must produce at least 2 million tonnes of steel and operate as independent commercial enterprises in order to be eligible for regular membership.

The World Steel Association publishes a list of the top steel-producing companies every year.[1]

Areas of activity

The World Steel Association's key areas of activity include:

Safety and health:

The World Steel Association promotes a policy that ensures zero harm to any employee or contractor of the Steel Industry. The aim is to achieve an accident-free workplace across the industry.

Climate change:

The World Steel Association has developed a global approach to tackle climate change. The World Steel Association has a position paper on the reduction of CO2 emissions.[2]

Economics:

The association publishes monthly production statistics and two annual statistics: the Steel Statistical Yearbook and World Steel in Figures. Information on future trends is published twice a year, in the form of a short range outlook for steel demand.

Sustainability:

The association and its member companies have formulated a policy on sustainable development to measure the industry's economic, environmental and social performance. The World Steel Association publishes a sustainability report every year. The last edition was issued in October 2016 and was titled "Sustainable Steel: Policy and Indicators 2016" [3]

The automotive sector:

The World Auto Steel programme stimulates innovation and the use of steel in the automotive sector.

History

The World Steel Association was founded as the International Iron and Steel Institute (IISI) in Brussels, Belgium on 19 October 1967.[4] IISI opened a second office in Beijing, China, in April, 2006. The organisation changed its name to World Steel Association in October, 2008.

References

  1. ↑ Top steel producers 2015
  2. ↑ http://www.worldsteel.org/publications/bookshop/product-details.~Steel-s-Contribution-to-a-Low-Carbon-Future-2015~PRODUCT~Steel-s-Contribution-to-a-Low-Carbon-Future~.html
  3. ↑ http://www.worldsteel.org/publications/bookshop/product-details.~Sustainable-Steel--Policy-and-Indicators-2016~PRODUCT~Sustainability-2016~.html
  4. ↑ Butterfield, Jackie. "New Name for International Iron and Steel Institute". (IOM3, the Institute of Metals, Minerals and Mining). Retrieved 2009-02-16.
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