POSCO chief to lead World Steel Association for 3 years

Asia's Tech News Daily

By Kim Hyun-bin

POSCO Group Chairman Choi Jeong-woo has been appointed to be part of the executive board of directors for the World Steel Association, and is scheduled to become the chairman of the entity for one year starting October next year, the country’s leading steelmaker said.

Choi will lead the association with two other board members for the next three years.

POSCO chief to lead World Steel Association for 3 years

POSCO Chairman Choi Jeong-woo

The World Steel Association represents the global steel industry including steel producers, national and regional steel industry associations and steel research institutes, representing around 85 percent of the global steel production, the association said.

The three newly appointed executive directors will take turns as chairman and vice chairman of the association for the next three years.

Choi will serve as vice chairman of the board until October 2022 and transition to the chairman post for the following year.

POSCO says Choi garnered support from members as he took an active role within the association.

POSCO hosted the world’s first Hydrogen Iron & Steel Making Forum 2021, in Seoul, earlier this month aiming to reduce global carbon emissions during steelmaking procedures.

Last week, POSCO also won two awards at the 12th Steelie Awards, which are given out by Worldsteel for member companies’ contribution in the steel industry over a span of one year that have been recognized to have impacted the global steel industry.

The Steelie Awards were established by Worldsteel in 2010.

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