Steel Mills

JSW Managing Director Jindal Elected World Steel Chairman

Written by Michael Cowden

October 17, 2021

Sajjan Jindal, managing director of Indian steelmaker JSW Steel Ltd., has been elected chairman of the World Steel Association.

Jindal’s term runs through 2022. He replaces past World Steel Association Chairman Yu Yong, president of Chinese steelmaker HBIS Group.

world“Governments and policy makers have come to realize that in order to rebuild their economies, they need to increase their spending on infrastructure,” Jindal said.

“As we contribute to the progress of society, we also need to build a better and cleaner future by working towards decarbonizing steel production,” he added.

While JSW Steel has a limited presence in the U.S. – a sheet mill in Mingo Junction, Ohio, and a plate and pipe mill in Baytown, Texas – it is among the largest steel producers in the world.

JSW produced 16.4 million short tons of steel in 2020, making it No. 25 on World Steel’s list of top steel producing companies.

Nucor, the largest U.S. Steelmaker, made 25 million tons of steel last year and weighs in at No. 15.

China Bauwu Group, the world’s largest producer, made 127 million short tons in 2020.

That figure is more than the 80 million short tons produced by the entire United States steel industry in 2020, according to World Steel Asociation figures.

By Michael Cowden, Michael@SteelMarketUpdate.com

Michael Cowden

Michael Cowden is managing editor for Steel Market Update. Cowden has covered the steel industry since 2007. He specializes in flat-rolled steel but has also reported on steel long products, steel pipe and tube, and aluminum. Before joining SMU, Cowden held reporting jobs at Fastmarkets AMM in Chicago, the Associated Press in Pittsburgh, and the Cambodia Daily in Phnom Penh. He has also worked as a copy editor and in marketing at the University of Chicago Press. Cowden has a BA in English from the University of Chicago and an MSJ journalism from Northwestern University’s Medill School of Journalism. Contact him at michael@steelmarketupdate.com or 724-759-7872.

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