SÃO PAULO The World Steel Association (WorldSteel) has named Joon-Yang Chung, chairman and chief executive officer of South Korean steelmaker Posco Ltd., as its new chairman.
Alexey Mordashov, chief executive officer of Russian steelmaker OAO Severstal, and Wolfgang Eder, chairman and chief executive officer of Austrias Voestalpine AG, were elected vice chairmen by WorldSteels board.
Eiji Hayashida, president and chief executive officer of Japans JFE Steel Corp., is WorldSteels new treasurer.
The elections were made Oct. 7 at WorldSteels 47th annual conference in São Paulo.
Chung will take office Oct. 9. The new officers are elected for a term of one year, until October 2014.
A version of this article was first published in AMM sister publication Steel First.