17 October 2024
Corporate News

Tata Steel to chair World Steel Association

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Tata Steel CEO and Managing Director T V Narendran has been appointed as Chair of World Steel Association as part of the Executive Board for 2024/25.

The World Steel Association (worldsteel) also appointed a Board of Directors and Board of Members featuring many of the most senior executives of steel companies across the world.

Executive Board of Directors:

  • Chair – Thachat Viswanath NARENDRAN – Chief Executive Officer & Managing Director, Tata Steel
  • Vice-Chair – Uğur DALBELER – CEO, Çolakoğlu Metalurji A.Ş.
  • Vice-Chair – Leon TOPALIAN – President & Chief Executive Officer, Nucor Corporation
  • Treasurer – Mark VASSELLA, Managing Director & CEO, BlueScope Steel Limited
  • Chair of worldstainless – Akihiko INOUE, Representative Director & President, NIPPON STEEL Stainless Steel Corporation

The Board of Members has also elected the 2024/2025 Executive Committee:

  • Abdulqader AL-MUBARAK – CEO, Saudi Iron & Steel Company (HADEED)
  • David BURRITT – President and Chief Executive Officer, United States Steel Corporation
  • In Hwa CHANG – Chairman, POSCO Holdings
  • Uğur DALBELER – CEO, Çolakoğlu Metalurji A.Ş.
  • Masayuki HIROSE – President & CEO, JFE Steel Corporation
  • HU Wangming – Chairman, China Baowu Steel Group Corporation Limited
  • Tadashi IMAI – Representative Director, President and COO, Nippon Steel Corporation
  • Sajjan JINDAL – Chairman and Managing Director, JSW Steel Limited
  • André Bier Gerdau JOHANNPETER – Executive Vice Chairman, Gerdau S.A.
  • Lakshmi N. MITTAL – Executive Chairman, ArcelorMittal
  • Alexey A. MORDASHOV – Chairman of the Board of Directors, Severstal (PAO) (passive member)
  • Thachat Viswanath NARENDRAN – Chief Executive Officer & Managing Director, Tata Steel
  • Paolo ROCCA – President and CEO, Techint Group
  • Leon TOPALIAN – President & Chief Executive Officer, Nucor Corporation
  • YU Yong – Chairman, HBIS Group Co., Ltd.
  • Hubert ZAJICEK – Member of the Board, CEO of Steel Division, voestalpine AG
  • Edwin BASSON, Director General, World Steel Association (worldsteel), as Secretary
     

The Board of Members has also welcomed the following steel producers as regular members:

  • ARTROM STEEL TUBES S.A. (Romania) represented by Magdalena POPESCU
  • Ghadir International Development and Industries and Mines Company (GIDIMCO) (Iran) represented by Seyed Abutorab FAZEL
  • Libyan Iron & Steel Company (LISCO) (Libya) represented by Mohamed Abdulmalak ELFIGHI
  • Optimus Steel, LLC (United States) represented by Luis BARRENECHEA
  • Rustavi Metallurgical Plant (Georgia) represented by Igor KORYTKO
  • Saarstahl AG (Germany), represented by Stefan RAUBER
     

The following is welcomed as an affiliated member:

  • Al-Hadeed Foundation for Economic Development (AHFED) (Iraq), represented by Ammar Raheem Abdullah AL-SAEDI
     
T.V. Narendran

The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel production.

About Tata Steel UK

  • The Tata Steel Group has been named one of the most ethical companies in the world, and is among the top producing global steel companies with an annual crude steel capacity of 34 million tonnes.
  • Tata Steel in the UK has the ambition to produce net-zero steel by 2045 at the latest, and to have reduced 30% of its CO2 emissions by 2030.
  • In October 2024, Tata Steel ceased ironmaking at its Port Talbot site and temporarily paused steelmaking pending the construction of a 3.2Mtpa Electric Arc Furnace, due to be commissioned late in 2027 / early 2028. For that period, the business will import slab and hot rolled coil to support manufacturing and distribution operations at sites across Wales, England and Northern Ireland as well as Norway, Sweden, France, Germany and UAE. It also benefits from a network of sales offices around the world.
  • Throughout 2024 Tata Steel UK has been undergoing a restructuring that will reduce the size of its workforce to around 5000 direct employees, supplying high-quality steel products to demanding markets, including construction and infrastructure, automotive, packaging and engineering.
  • Tata Steel Group is one of the world's most geographically-diversified steel producers, with operations and a commercial presence across the world.
  • The group recorded a consolidated turnover of around US$27.7 billion in the financial year ending March 31, 2024.
     
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