Lakshmi Niwas Mittal Is The New Chairman Of World Steel Association
The World Steel Association (worldsteel) has elected Lakshmi Niwas Mittal as its chairman on October 6, 2008. This decision was taken by the board of directors of Worldsteel at a meeting held in Washington. Mittal will serve as the Chairman of Worldsteel for a period of one year. Besides Mittal, the Worldsteel has three vice-chairmen including Ku-Taek Lee, Chairman and CEO, POSCO, Paolo Rocca, Chairman and CEO, Techint Group and John Surma, Chairman and CEO, US Steel. Lakshmi Mittal has replaced Ku-Taek Lee as the new chairman of World Steel Association.
The director general of World Steel Association has expressed his gratitude towards LN Mittal. He said that the association is delighted to find Mittal as the new chairman. Mittal was also elected as member of the Worldsteel Executive Committee. Formed in 1967, World Steel Association represents about 180 steel producers from all over the world. The Association represents the top 18 steel companies of the world including six out 10 Chinese producers.