QATAR STEEL Company was formed in 1974 as the first integrated steel plant in the Arabian Gulf. Commercial production commenced in 1978 with the company becoming wholly owned by Industries Qatar in 2003.
Today, Qatar Steel is widely recognized as a foremost leader in the steel industry, Its mill site, located in Mesaieed Industrial City - 45 kilometers south of the nation’s capital, Doha, with a current annual production capacity of 2.4 million tons of DRI/HBI, 1.9 million tons of Molten Steel, 1.8 million tons of Steel reinforcement Bars and 600,000 TPA tons of Wire Rod.
Qatar Steel is proud of its outstanding reputation in local and world markets, due to its high quality products of iron and steel, which entirely conform to the world standards and specifications. The company has adopted a competent and reliable marketing policy, based on distinguished customer service, and what gave her a value added advantage is being close to the GCC markets, enabling her to meet most of its requirements, in addition, of course, to those of the local market in Qatar.
Qatar Steel has an ambitious strategy aiming at increasing its investments and expansions in iron and steel industry, to serve both the local and the Gulf markets. Qatar Steel has currently 25% stakes in each of Gulf Industrial Investment Co. (GIIC), and the United Stainless Steel Company (USCO) in Bahrain; 50% in Qatar Metals Coating Company W.L.L. (Q-Coat), Qatar and 29,74% in South Steel of Saudi Arabia
Vision,Mission and Values
At Qatar Steel we are highly inspired by Vision, Mission, Values and Purpose which set the stage to show our committed efforts towards corporate activities and achieve the unattainable.
Vision
We endeavor to be universally recognized as a leading and constantly growing force in the steel industry of the region, to be admired for our business culture, for building value for our shareholders and customers, and for bringing inspiration to our people.
Mission
We will continue to be the first name in the region’s steel industry by harnessing our assets and resources to achieve profitable growth, operational and organizational excellence, and good corporate citizenship.
Values
The drivers of our ambition are:
Trustworthy
Reliable
Creative
Dynamic
Perceptive
Purpose
Our purpose is to reach a league where we will matter beyond normal commercial objectives, to become the standard for quality enterprise and to exude a winning attitude in order to make a difference in our environment.