POSCO Group CEO, Jeong-woo Choi was elected as the 44th chairman of worldsteel at the annual general meeting held in Brussels, Belgium.
Choi will represent the world’s steel industry, together with Chairman Sajjan Jinda of Jindal Steel Works Limited India and CEO Leon Topalian of Nucor, who are the vice chairmen of worldsteel. The executive management of worldsteel is led by one chairman and two vice chairmen, with a three-year term in office.
Choi served as vice chairman over the year after being appointed to the executive management of worldsteel in October 2021, as he was credited for his outstanding management achievement and global leadership with which he successfully organized the Hydrogen Iron & Steel (HyIS) Making Forum to discuss HyREX technology as the first of its kind in the steel industry.
Meanwhile, POSCO won two prizes at the 2022 Steelie Awards this year in the categories of innovation, and sustainability organized by worldsteel, held during the annual general meeting. POSCO was acknowledged for its certified program for safety and health as a best practice.
The Steelie Awards recognize outstanding steel companies as well as members of worldsteel which make contributions to the development of the steel industry every year, starting from 2010. The Awards are grouped into six categories: low-carbon steel production, innovation, sustainability, life cycle assessment, education and training, and communications programs.