The head of one of China’s biggest steel companies will this week become chairman of the World Steel Association, in one of the first incidences of a Chinese manager taking the helm of a big global industry body.
Zhang Xiaogang, president of Anshan Iron and Steel, will become head of the association for a one-year term on Thursday, at the conclusion of its annual meeting in Paris. The WSA is a Brussels-based organisation that represents 170 steel producers, which it says account for 85 per cent of world steel output.
Although the position is part-time, Mr Zhang will be expected to represent the global steel industry in, for example, talks with governments over efforts to reduce carbon dioxide emissions from steel plants.
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