Sajjan Jindal elected as Chairman of World Steel Association

The World Steel Association (WSA) has appointed the Chairman and Managing Director of Jindal Steel Works Ltd (JSW), Sajjan Jindal as their Chairman for 2021-22. He is the first Indian representative to serve WSA as their Chairman. JSW Steel is a flagship business of $13 billion JSW Group and involved in the manufacturing of iron and steel products in India and overseas. WSA is a focal point for steel industries. It provides global leadership on strategic issues that impact the industry, focusing on social, economic, and environmental sustainability. The members of WSA comprise 85% of the world's steel production, with over 160 steel producers, national and regional associations and institutes. It was established back in 1967 and is one of the largest steel representations in the world. The Chairman and Managing Director of JSW, Sajjan Jindal, said that the coming years look interesting for global steel industries. The governments have realised that to rebuild their economies, they have to spend more on infrastructure. For progress in society, the company will have to work on decarbonising steel production. JSW Steel is India's leading steelmaker. It has executed its expansion project of 3.7 million tonnes per annum (mtpa) by FY22, with 1.5 mtpa in the US and entities under joint venture from 18 mtpa as of FY21. The company is also investing in sustainability, controlling emissions, improving resource consumption, digitisation, efficient processes and improving the existing practices in the company. Image Source