Qatar Steel

Qatar Steel was formed in 1974 as the first integrated steel plant in the Persian Gulf region. Commercial production commenced in 1978 with the company becoming wholly owned by Industries Qatar in 2003.Business OrganizationPlant facilities includes a Midrex process based DRI/HBI Combo Mega Module, electric arc furnaces with a ladle refining furnace, a continuous casting plant and rolling mills. Other auxiliaries include jetty facilities, a main power substation, quality control center, maintenance shops and facilities for sea/fresh water, compressed air, natural gas and a clinic. It is named in top four steel producers in the Middle East by MEED. Its mill site is located in Mesaieed Industrial Area south of Doha. The company also operates a UAE based subsidiary Qatar Steel Company FZE.HistoryQatar Steel is the new corporate identity and the trade name for Qatar Steel Company, QSC. It was incorporated on October 14, 1974 by Emiri Decree No. 130 under its former name QASCO as the first integrated steel plant in a GCC countries. It was a joint venture between the Government of Qatar and two Japanese companies, Kobe Steel and Tokyo Boeki. It started its full operation and steel production in 1978 and in 1997, shares of Kobe Steel and Tokyo Boeki were acquired by the Government of Qatar, which was later transferred to Qatar Petroleum and thereafter to Industries Qatar (IQ) during a reorganization in April 2003.