In an indication of India's emerging importance on the world steel map and massive growth it is poised for in this sector, India has been awarded the right to hold the World Steel Conference in October next year.

The governing body of the World Steel Association, representing 170 producers and accounting for 85% of world steel production, has decided to give the rights to hold the World Steel Conference in India from October 8 to 12 next year.

Mr CS Verma chairman of SAIL made this offer in Paris on behalf of India's committee consisting of six leading steel producers of India. He extended a warm invitation to all CEOs of leading steel producing countries and companies to attend the conference to be held in New Delhi.

Mr Verma said the views expressed by the global steel barons would go a long way in making the steel industry more sustainable, in the backdrop of the global economic uncertainties and volatilities in the recent past.

He added that “The conference in New Delhi will give a glimpse of the rich heritage and culture of India.”

(Sourced from BL)