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WORLD STEEL INDUSTRY LAUNCHES INITIATIVE TO GROW THE MARKET FOR STEEL IN CONSTRUCTION
14 February 2005 - International Iron and Steel Institute
| The International Iron and Steel Institute (IISI) and 11 member companies have signed an agreement to launch a five year, €14 million programme designed to increase the use of steel in construction by up to 10% over the next five years. The leaders of seven steel companies met in London on Friday 11 February 2005 to formally sign the agreement. Signing the agreement in London were Arcelor, BlueScope Steel, CELSA, Corus, Mittal Steel, POSCO, and Tata Steel. The Secretary General, Ian Christmas, signed the agreement on behalf of IISI. The four other companies participating in the programme are Erdemir, IMIDRO, Ispat Industries, and Ruukki. |
The new initiative is an opt-in programme for companies active in the construction sector. Through market research, technology benchmarking, knowledge management, an international architectural competition and demonstration building, the programme seeks to provide participants with a competitive edge in the construction market. IISI will continue to seek new programme members through 2005. The programme grew out of the work done by IISI's Steel Solutions and Sustainable Urban Development (Scoping) Project Group, who presented a proposed work plan to IISI's Board of Directors in April 2004. The Project Group demonstrated that there are pockets of construction best practice amongst IISI members. However, no region has fully exploited the contribution steel can make to improved construction. The first meeting of the participating companies will be held from 21-25 February 2005 in Kolkata, India.
http://www.worldsteel.org
About: International Iron and Steel Institute
The International Iron and Steel Institute (IISI) aims to establish steel as a major foundation of a sustainable world. For the world steel industry this means valuing the interdependence of environmental, social and economic aspects in all decision making, with the aim of improving life for everyone, now, and for generations to come. IISI was founded in 1967. It is a non-profit research organisation with headquarters in Brussels, Belgium. IISI is one of the largest and most dynamic industry associations and serves as a world forum for the international steel industry. A sustainable world steel industry could not be achieved without the active participation of IISI's membership. IISI currently has a membership of more than 115 steel producing companies and over 60 national and regional steel federations and steel research organisations. The members come from more than 50 countries around the world. The countries in which IISI member companies are located account for over three-quarters of total world steel production. Nearly all the world's major steel producers are members of the Institute. Both publicly and privately owned enterprises, using both basic oxygen or electric arc process routes, are members. |
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