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| SAIL chairman Verma |
GIVING a boost to steel producers in
the country, major domestic steel producers came together to formally
launch an industry body, the Indian Steel Association (ISA), on
August 26. The association targets to work towards transforming the
Indian steel industry as a global leader acclaimed...
for its quality,
productivity and competitiveness.
The meeting held in Kolkata was
attended by industry leaders from SAIL, Tata Steel, JSW, RINL, JSPL,
Essar. G Mohan Kumar, Secretary, Ministry of Steel, also attended the
meeting.
CS Verma, chairman, SAIL, was
unanimously elected as the first president of the Indian Steel
Association.
Membership for the ISA will be open to
any steel producer with a yearly capacity of at least 2 million
tonne. Steel producers with capacity less than 2 million tonnes can
be affiliate members.
The ISA received a shot in the arm soon
after its creation through 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 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 Indian steel industry.
Verma also said 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.
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