By Lee Hyo-sik
POSCO Chairman Chung Joon-yang will serve as an executive member of the international organization representing the world’s steel makers for the next three years, the company said Wednesday.
During an annual meeting of the World Steel Association (WSA), which began Monday and will continue through Friday in New Delhi, India, Chung was appointed as one of the two vice chairmen. He is expected to become WSA chairman in October 2013.
The WSA was established in Brussels, Belgium, in 1967, and represents steel makers as well as related associations and research institutes and promotes the interests of the global steel industry.
The 46th annual gathering was attended by over 200 CEOs of leading global steelmakers, including Chung and Arcelor Mittal Chairman Lakshmi Mittal, and heads of steel-related institutions, POSCO said.
``Chung’s appointment to the WSA’s executive body will strengthen POSCO’s global status, as well as upgrade Korea’s role in the international steel industry,’’ a POSCO spokesman said.