World Steel Association | |
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worldsteel logo |
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Abbreviation | worldsteel |
Formation | 19 October 1967 |
Type | Industry trade group |
Headquarters | Brussels, Belgium |
Key people | Hajime Bada, Chairman Paolo Rocca, Xiaogang Zhang, Vice Chairmen |
Website | worldsteel.org |
World Steel Association, often abbreviated as worldsteel, is the international trade body for the iron and steel industry. The association represents approximately 170 steel producers (including 17 of the world's 20 largest steel companies), national and regional steel industry associations and steel research institutes. worldsteel members represent around 85% of world steel production.
The purpose of the association is to promote steel and the steel industry to customers, the industry, media and the general public.
worldsteel is a non-profit organisation with headquarters in Brussels, Belgium.
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To be eligible for regular membership, companies must produce at least two million tons (1.8 million tonnes) of steel and operate as independent commercial enterprises.
Every year, worldsteel publishes a list of the top steel-producing companies.[1]
worldsteel's key areas of activity include:
Safety and health
worldsteel promotes a policy of zero harm to all steel industry employees and contractors. The aim is to achieve an accident-free workplace across the industry.
Climate change
The world steel industry has developed a global approach to tackling climate change. worldsteel has a position paper on CO2 emissions reduction.[2]
Economics
The association publishes monthly production statistics and two annual statistics publications: 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. worldsteel produces a biennial sustainability report. The latest edition is the 2008 Sustainability Report of the world steel industry. There is an update to the report every year. [3]
The automotive and construction sectors
The WorldAutoSteel and Living Steel programmes stimulate innovation and use of steel in the automotive and building sectors.
The World Steel Association was founded as the International Iron and Steel Institute (IISI) in Brussels, Belgium on 19 October 1967.[4] In April 2006, IISI opened a second office in Beijing, China. The organisation changed its name to World Steel Association in October 2008.