The World Steel Association (worldsteel) is a prominent global industry association, representing members from every major steel-producing country. It acts as an international trade body for the iron and steel industry, encompassing steel producers, national and regional steel industry associations, and steel research institutes12.
Established in 1967 as the International Iron and Steel Institute (IISI), worldsteel provides a platform for discussing various aspects of the international steel industry. It is a non-profit organization based in Belgium, serving as a forum for the global steel industry and focusing on promoting steel and the steel industry to the global community3.
Worldsteel is quite extensive in its reach, representing around 150 steel producers, including nine of the world’s ten largest steel companies. This representation showcases its significant influence in the steel industry, given that these members account for a considerable portion of global steel production4. The organization also operates from a location in Brussels, Belgium, and maintains a relatively private profile with a small team of 11-50 individuals according to the information on Crunchbase5.
The association plays a crucial role in not just bringing together the key players in the steel industry, but also in gathering and disseminating crucial data, promoting steel, and addressing various challenges and opportunities faced by the steel industry on a global scale. Through its actions, worldsteel strives to advance the interests of the steel industry and contribute to global industrial and economic growth.