August 30, 2008

Qatar Steel to reach 2.3 million tonne steel capacity in 2008

Gulf Times reported that Qatar Steel will achieve full capacity this year following its multibillion riyals expansion and see a production boost in direct reduction iron, molten steel and rebars.

Sheikh Nasser bin Hamad al-Thani director and general manager of Qatar Steel in an interview with Gulf Times said that Qatar Steel’s direct reduction iron production would scale up to 2.3 million tonnes and molten steel and rebars to 1.5 million tonnes each by 2008 end. He said that “Two more projects are expected to operate at full capacity this year. They are the electric arc furnace with an output of 600,000 tonnes per year and a new rolling mill with 700,000 tonnes a year.”

He added that Qatar Steel’s Dubai plant at the Jebel Ali Free Trade Zone would also see a production boost with the installation of a new bar mill. He said “We have made substantial investments in Dubai to increase annual production of the existing wire rod mill to 240,000 tonnes from the existing 180,000 tonnes and rebars to 300,000 tonnes from the existing 50,000 tonnes.”