Qatar Steel

Coordinates: 24°57′4″N 51°34′29″E / 24.95111°N 51.57472°E / 24.95111; 51.57472

Qatar Steel
Government Corporation
Industry Steel Milling
Founded 1974 (1974)
Headquarters Mesaieed, Qatar
Key people
Saad Rashid Al-Muhammadi
(Chairman)
Ali Hassan Al-Muraikhi
(Managing Director and General Manager)
Products Sponge Iron
Hot Briquetted Iron (HBI)
Steel Billets
Deformed Bars
Wire-Rod and Rebar In Coils
Number of employees
1,650
Parent Industries Qatar
Subsidiaries Qatar Steel Company FZE
Website www.qatarsteel.com.qa

Qatar Steel (formerly QASCO)[1] was formed in 1974 as the first integrated steel plant in the Persian Gulf. Commercial production commenced in 1978 with the company becoming wholly owned by Industries Qatar in 2003.

Business Organization

Plant 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.[2] Its mill site is located in Mesaieed Industrial Area 45 kilometres (28 mi) south of Doha. The company also operates a UAE based subsidiary Qatar Steel Company FZE.

History

Qatar 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.[1][3] It was a joint venture between the Government of Qatar [70%] and two Japanese companies, Kobe Steel [20%] and Tokyo Boeki [10%]. 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)[4] during a reorganization in April 2003.

Timeline

Year Milestone
1974 Qatar Steel was established on 14 October with its former name QASCO.[1]
1978 Commenced steel production.
1981 Achieved 1 million tons of production for DR,[5] EF,[6] CC[7] and RM.[8]
1989 Achieved 5 million tons of production from all plants.
1991 Acquired Japanese Industrial Standards (JIS) mark certification.
1995 Acquired ISO 9002 certification.
1997 Fully owned by the Government of Qatar.
1999 Electric Arc Furnace 3 (EAF3) commissioned with a capacity of 622,000MT.
Acquired ISO 14001 Environmental Management Certification.
2002 Won accreditation to the ISO 14001 Environmental Management Programme.
2003 Wholly owned and became one of the IQ[4] companies.
Marks 25th Silver Anniversary.
Successfully implemented ERP e-Business Suite to improve productivity
Achieves SASO[9] certification.
Achieves 15 million tons production of molten steel and billets.
2007 Unveils new corporate identity with its new brand name Qatar Steel bearing the slogan “We Make Steel Matter”.[10]
2008 Celebrates 30 years in business
Named in top four steel producers in the Middle East by MEED[11]

Environmental commitment

Compared to other steel plants the Qatar Steel's most significant advantage is that its production is based on DRI which uses clean raw material. It employs various methods of recycling and re-using production waste, basing its production process on the utilization of clean raw materials and, steel making technology that is the lowest producer of CO2 emission per ton.

Facilities in Dubai

Qatar Steel Company FZE[14] was established in August 2003 to produce steel wire-rod products.

The company operates two primary facilities at its 60,000 Sq. meter Jebel Ali Free Zone site. The facilities have a yearly production capacity of 280,000 tonnes of wire rods and 300,000 tons of bars.[15]

See also

Notes and references

  1. 1 2 3 From the first letters of Qatar Steel Company
  2. Middle East Business Intelligence AMEinfo.
  3. Hanieh, Adam (2015). Capitalism and Class in the Gulf Arab States. Palgrave Macmillan. p. 73. ISBN 978-1137490582.
  4. 1 2 Industries Qatar (IQ)
  5. Direct Reduction
  6. Electric Furnace
  7. Continuous Casting
  8. Rolling Mill
  9. Saudi Arabian Standards Organization
  10. Qatar Steel Brand - Alsolb Magazine p. 2 - 4
  11. Top 4 Steel Producers in ME
  12. Health, Safety and Environment
  13. Corporate Excellence, The Environment
  14. Free Zone Establishment
  15. "Mesaieed Industrial City". Qatar Petroleum. Retrieved 2 August 2015.

See also

External links

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