CS Verma, Chairman of SAIl, was unanimously elected as the first President of the Indian Steel Association and Sajjan Jindal, Chairman & Managing Director of JSW, TV Narendran, MD, Tata Steel, P Madhusudan, CMD, RINl will be the apex committee members, stated a press communiqué from SAIl, Ranchi.
Open to any steel producer with a yearly capacity of at least 2 million tonnes per annum, the Indian Steel Association is aiming to transform the steel industry. The association envisions to work towards transforming the Indian steel industry as a global leader acclaimed for its Quality, Productivity & Competitiveness. Steel producers with capacity less than 2 million tonnes can be affiliate members.
It was a shot in the arm for the Indian steel association to receive recognition from World Steel Association during the meeting. A certificate to this effect was presented on behalf of Chairman and Board of Directors of World Steel Association. Dr. Edwin Basson, Director General, World Steel Association, was present during the meeting and he outlined the role and responsibilities of such an association in a competitive scenario.
In the meeting, Secretary Steel, G Mohan Kumar, in his address to the association, stressed that the members of the association were expected to work with cohesion, collaboration and coordination to deal with the common issues of concern of the Steel industry.
CS Verma, Chairman, SAIl thanked the members for reposing confidence in him by electing him as the first President of the Indian Steel Association and mentioned that he looked forward to work along with the other members so that the Indian steel industry plays a catalyst role in the economic growth of the country.