Willy Korf’s daughter, Astrid, founded the Willy Korf Foundation in 2000. The Foundation supports young, innovative academics in the steel industry across the world. Astrid and her family present the annual Willy Korf Award for Young Excellence, alongside the prestigious Willy Korf / Ken Iverson Award, at the internationally acclaimed Steel Success Strategies Conference, traditionally held in New York City. Among other priorities, the Foundation is planning to focus increasingly on sustainability.




Astrid Korf-Wolman grew up in Baden-Baden, Germany. She studied Architecture at the Technical University of Berlin and graduated with a degree in Engineering. After her father’s death in 1990, she moved to London and took over responsibility for the family business, Korf Steel. At the same time, she also worked for IMG, managing their German golf course projects. She took a degree in Graphology at the British Academy of Graphology in London in 2003, and now works as a consultant, analysing handwriting for recruitment purposes.


After the sale of KORF STEEL in 2000, she set up the Willy Korf Foundation. Astrid is married and has two children, both of whom are currently involved in the work of the Foundation.




Maximilian Wolman is the son of Astrid Korf-Wolman and sits on the board of the Willy Korf Foundation where he focuses on the exploration of new steelmaking technologies and processes. He currently resides in New York City where he is an analyst in the M&A team at Bank of America. Previously, Max worked at the Ardagh Group in their Metal Beverage business. Max graduated from the Huntsman Program of the University of Pennsylvania where he received a BSc in Economics from the Wharton School and a dual-major BA in International Studies and Italian Studies.

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Rod Beddows has an extensive and long experience as a Strategy Consultant, Corporate adviser, Financial adviser and Company Director. The major part of his experience has been in the metals sectors; concentrating on the Ferrous value chain.


His clients have been in more than 20 jurisdictions and range from technologically innovative start-up ventures to the largest mining and steel corporates, in both the developed and emerging economies. He led the corpoate finance advisory team for the $23bn Simandou iron ore project in Guinea.

On separate occasions he has been Global Senior Adviser for the Steel industry to 2 major international investment banks. He has also advised a number of industry bodies and governmental or quasi-governmental organisations, though preferring to work in the private sector. He was Special Advisor to the Executive Committee of the IISI (International Iron and Steel Institute, now The World Steel Association) for a year on a confidential assignment.

Amongst other current commitments he is Strategy and Finance adviser to the Vale, Mitsui, Kobelco JV offering solutions to the CO2 reduction challenge in Iron and Steel making and being a Director of Moxico Resources, a Copper miner.

Rod’s education was in both the UK and USA and includes a DBA from the Harvard School of Business. He has also been on the faculty of Harvard and Bradford Universities




Dieter Senk dedicated his life to the science of iron and steel technology. Born in 1957 he studied Metallurgical Engineering at the Technical University of Clausthal in Germany. He used his first industrial position at the Thyssen Steel Company to apply for the doctoral degree at TU Clausthal concentrating on the subject “ investigation of cooling effects on the improvement of steel billet centre quality”. The solidification of continuously cast steel became his focus of research. For 15 years he worked on the development of direct strip casting processes as twin roll casters and planar flow methods. The interaction of material properties at high temperatures with continuous casting processes is the topic of numerous publications.

In 2001 after nearly 2 decades in the steel industry he was appointed as Professor for the Chair of Iron and Steel Metallurgy at the Department of Ferrous Metallurgy of RWTH Aachen University. Here he expanded his research on iron ore reduction processes and the development of shaft furnaces. Further, the close and extended cooperation with companies on steel making processes adds to his practical experience. Projects on R&D are also carried out on an international basis.

German and English training courses on iron and steel making for university students and industrial employees as well, commonly with the German Steel Academy, Düsseldorf, are part of the core business of Prof. Senk. This ensures that fundamentally educated young people can join the industrial and scientific teams of steel related institutions.

Dieter Senk, as a co-author has more than 400 publications and several patents. Scientific distinctions like honorary doctorate and honorary professor degrees were awarded to him in the Czech Republic and China. More than 60 young M.Sc. and Diploma Engineers have been guided by Prof. Dieter Senk as supervisor during their Dr.-Ing. resp. PhD degree.