QATAR DUBAI Qatar Steel Company (Q.S.C.) Qatar Steel Company FZE P.O. Box 50090, Mesaieed, State of Qatar P.O. Box 18255, Jebel Ali Free Zone Tel. +974 4778778, Fax +974 4771424 Dubai, United Arab Emirates E-mail [email protected] Tel. +971 4 8053111, Fax +971 4 8053222 Website www.qatarsteel.com.qa E-mail [email protected] Website www.qatarsteel.ae
His Highness Sheikh Hamad Bin Khalifa Al-Thani Emir of the State of Qatar
His Highness Sheikh Tamim Bin Hamad Bin Khalifa Al-Thani Heir Apparent
Contents
Board of Directors 7
Senior Management 9
Chairman’s Message 10
Director and General Manager’s Message 12
Brief about Qatar Steel 14
Direct Reduction Department 16
Material Control Department 18
Steel Making Department 22
Rolling Mill Department 24
Health, Safety & Environment Department 26
Engineering Department 28
Commercial Division 30
30th Anniversary Celebrations 32 Vision We endeavour to be universally recognised as a leading and constantly growing force in the steel industry of the region, and to be admired for our business culture, for building value for our shareholders and customers, and for bringing inspiration to our people. H.E. Yousef Hussain Kamal H.E. Dr. Mohammed Saleh Al-Sada Chairman Vice Chairman
Sh. Nasser Bin Hamad Al-Thani Mr. Fahad Hamad Al-Mohannadi Director Director
Mr. Abdel Rahman Ahmed Al-Shaibi Dr. Nasser Mubarak Shafi Al-Shafi Mr. Mohamed Hitmi Ahmed Al-Hitmi Director Director Director
page 7 CELEBRATING
YEARS 1978-2008
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 organisational excellence, and good corporate citizenship. Sh. Nasser Bin Hamad Al-Thani Director & General Manager
Eng. Mohammed Tahir Al-Hammadi Mr. Ali Bin Hassan Al-Muraikhi Mr. Saad Rashid Al-Mohannadi Projects Division Manager Commercial Division Manager Procurement & Warehousing Division Manager
Mr. Yousef Abdulla Q. Al-Emadi Mr. Kefah Mustafa Al-Mulla Mr. Husein Hassan Murrar Production Division Manager Administration Division Manager Business Development Manager
Mr. Remy Rowhani Dr. Idris I. Gamil Mr. Malek Hamdieh Finance Division Manager Senior Legal Advisor & Board Secretary IT Manager
page 9 The year 2008 was an exceptional year for Qatar Steel Qatar Steel’s Consolidated Net Income in 2008 was with its products experiencing strong demand and QR 1020 million compared to QR 858 million in 2007. high prices, especially during the first half, despite a The Net Cash Income during 2008 was QR 1511 million freeze in prices in the local market at the March 2008 against QR 933 million in 2007. level as a measure taken to support the economy. The 2008 Performance Highlights Company’s production and sales witnessed an upward Total shipments reached 1.884 million MT, of which trend till the last quarter, during which the demand rebars accounted for 1.632 million MT, billets accounted slackened substantially in the regional markets for 72 KMT and DRI/HBI accounted for 180 KMT. The following the global economic slowdown. The strong domestic shipments of 1.318 million MT surpassed the overall performance in 2008 was possible due to the 2007 shipments by 37% or 357 KMT and the export successful commissioning and stabilising of Qatar shipments of 565 KMT were lower than the 2007 figure Steel’s new DRI, RM and SMS plants. of 823 KMT by 31%.
page 10 The strong overall performance in 2008 was possible due to the successful commissioning and stabilising of Qatar Steel’s new DRI, RM and SMS plants. Qatar Steel’s Consolidated Net Income in 2008 was QR 1020 million compared to QR 858 million in 2007 and the Net Cash Income was QR 1511 million against QR 933 million in 2007.
H.E. Yousef Hussain Kamal Chairman
The total DRI/HBI production in 2008 was 1.638 million exceptional progress that Qatar Steel has achieved over MT compared to 1.296 million MT achieved in 2007. the recent years is essentially driven by the stupendous The production of molten steel at the EF plants was growth of the Qatari economy under the leadership of 1.434 million MT against the budget of 1.383 million His Highness Sheikh Hamad Bin Khalifa Al-Thani, Emir MT and the 2007 actual production of 1.175 million of the State of Qatar and His Highness Sheikh Tamim MT. Billet production at the CC plant was also higher Bin Hamad Bin Khalifa Al-Thani, the Heir Apparent. at 1.405 million MT compared to the budget of 1.358 I would like to take this opportunity to express, on million MT and the 2007 actual production of 1.147 behalf of the Board of Directors and Management of million MT. Qatar Steel, our sincere gratitude, for their support and leadership. I conclude by thanking once again As the first signs of the global financial meltdown and the people of Qatar Steel for realising this marvelous the economic slowdown started appearing, Qatar success and I urge them all to respond proactively to Steel’s management quickly adopted all the necessary the challenges ahead and achieve even better results steps required for optimising operations and costs, with a view towards remaining competitive in the market in the coming year. and sailing through the difficult times ahead.
Finally, I would like to thank Qatar Steel’s management and employees for their continuous dedication towards developing and improving the Company’s performance Yousef Hussain Kamal in all aspects. I would also like to emphasize that the Chairman
page 11 We have great pleasure in presenting the fifth annual The year 2008 was significant as Qatar Steel celebrated report of Qatar Steel Company. The overall company the 30th anniversary of the commencement of its performance in 2008 was strong and creditworthy in commercial production. During the celebrations the spite of the recessional trend that arrived during the Company honoured its traders and employees who latter part of the year. The 2008 Consolidated Net contributed to its continuous growth and development Income of QR 1020 million was higher than the 2007 since its inception. This exemplifies our dominance in figure of QR 858 million. the region and, our business philosophy of building business through relationships and by recognising the While strong regional demand and prices in H1-2008 commitment and loyalty of our employees. resulted in an excellent financial performance, in H2-2008 the demand and prices of re-bars eroded 2008 Performance Highlights rapidly. The global financial crisis severely impacted Production and Sales the steel industry, both globally and in the region, and DRI/HBI production was 1.638 million tons in 2008 our management had to be prudent to swiftly adapt to compared to 1.296 million tons achieved in 2007. the changing business climate by aligning production The production of molten steel was 1.434 million tons to lower market demands, downsizing and all other against the actual production of 1.175 million tons in possible cost cutting measures. 2007. Billet production was also higher at 1.405 million
page 12 Production of molten steel in 2008 was 1.434 million tons compared to the actual production of 1.175 million tons in 2007. Billet production was also higher at 1.405 million tons compared to the 2007 production of 1.147 million tons and steel bar production reached 1.150 million tons. The record output levels of our various production units in 2008 are a direct reflection of the strong demand our products are experiencing in this Sh. Nasser Bin Hamad Al-Thani region. Director & General Manager tons compared to the 2007 actual production of 1.147 United Stainless Steel Company (USCO), another million tons and steel bar production reached 1.150 joint venture project of Qatar Steel, will commence million tons. In addition, 102,000 tons of coils were commercial production of cold rolled stainless steel produced at Qatar Steel Dubai. The record output coils and sheets during the second half of 2009. levels of our various production units in 2008 are a During the year 2008, Gulf United Steel Company direct reflection of the strong demand our products are (Foulath) was established in Bahrain by the shareholders experiencing in this region. of GIIC and USCO by proportionately transferring all Total sales reached 1.884 million tons, of which rebars their shares in both the companies to Foulath. Three accounted for 1.632 million tons, billets accounted for new joint venture affiliates viz. United Steel Company 72,000 tons and DRI/HBI accounted for 180,000 tons. (Sulb) for an integrated steel project (DRI, Melt Shop Our domestic sales of 1.318 million tons surpassed and Rolling Mill), Foulath Egypt and Foulath Oman the 2007 performance by 37% due to the booming (Pelletization) were also established under Foulath. domestic demand. This consequently affected our Even though the Company has withdrawn from the export sales which stood at 565,000 tons, 31% lower El-Aouj Mining Project in Mauritania, it will continue to than the 2007 figure of 823,000 tons. explore indirect investment opportunities in potential Expansion Projects mining projects through Foulath Company. The new DRI/HBI Combo Plant and the SMS Plant were commissioned successfully, thereby completing Other Performance Highlights Phase I of the Expansion Project which included the Qatar Steel has been constantly building local new Bar Mill which was commissioned in 2007. This capabilities as part of its ‘Quality Qatarization’ plan phase was initiated in 2005 at a total project cost of with pronounced emphasis on upgrading skills through US$ 575 million. Upon completion of Phase 1, the total a wide range of training and education programmes production capacity of DRI reached 2.4 million TPA, at all levels. Qatari nationals presently occupy over Steel Billets reached 1.6 million TPA and Steel Bars 60% of the managerial positions and over 10% of other reached 1.55 million TPA. positions. With a view towards motivating and retaining both our national and expatriate employees, Qatar The Company has initiated plans for revamping its Steel upgraded its compensation packages in 2008. Electric Arc Furnaces and Continuous Casting Units to increase the annual production capacity to 2.5 We are taking all conscious efforts to improve and million tons of steel billets. This will ensure that the establish the highest safety standards and also to requirements of the two bar mills at Mesaieed and the achieve the required environment standards. Wire Rod and Bar Mills in Dubai are fully met, and that Expectations for 2009 there is sufficient quantity for sale. We foresee 2009 to be another challenging year with Future Plans the slow recovery of the demand and prices of finished The Company is aggressively pursuing its growth products. This may predictably put pressure on our plans with the aim of achieving its annual production operating margins. However, with a commitment to target of 4 million tons of steel during the next five achieve yet another profitable year, our management years. In 2008 we carried out all the necessary techno- has been earnestly taking all possible internal cost commercial feasibility studies in order to address optimisation measures in order to compete in the our growth strategies. We are also working diligently market with competitive prices. on possible overseas joint venture projects in the mining and pelletization sector in order to ensure a steady supply of raw materials that are needed for our increasing production capacity, as done with Gulf Nasser Bin Hamad Al-Thani Industrial Investment Company (GIIC) in Bahrain. Director & General Manager
page 13 page 14 Values A ‘PRINCIPAL’ Player The drivers of our ambition • Trustworthy • Reliable • Dynamic • Creative • Perceptive Purpose • 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.
Qatar Steel Company, which was established in 1974 countries. Over the three decades that Qatar Steel as the first integrated steel plant in the Arabian Gulf, has been in operation, it has earned a remarkable commenced commercial production in 1978. Over the reputation for unrivalled quality, flexibility and reliability years, the Government of Qatar acquired completed in all its product and service offerings. ownership of the Company and transferred the same Qatar Steel operates a fully owned subsidiary – Qatar to Qatar Petroleum (QP) which in turn transferred its Steel Company, FZE Dubai – that produces steel bars shares to Industries Qatar (IQ) in exchange for shares and coils. Qatar Steel also has a sizeable stake in in IQ. Today, Qatar Steel is recognised as a leading three associated companies - United Stainless Steel and constantly growing force in the steel industry of Company (USCO), Bahrain; Gulf Industrial Investment the region, who is admired for its business culture, for Co, (GIIC) Bahrain and Qatar Metals Coating Company building value for its shareholders and customers, and W.L.L. (Q-Coat). USCO manufactures cold rolled for bringing inspiration to its people. stainless steel coils and sheets. GIIC is engaged in With a committed, skilled and well-trained workforce of the pelletization of iron ore which is an essential raw about 1,900, and excellent plants, Qatar Steel produces material of Qatar Steel and Q-Coat manufactures and sells a wide range of bars, billets and DRI /HBI epoxy coated bars. throughout the GCC region and other neighbouring
page 15 DIRECT REDUCTION PLANTS’ OPERATIONS A. SYNTHESIS During the year 2008, both modules together produced 1.68 million MT.
B. OPERATIONS 1. The DR-1 module underwent a major revamp during 4. Both modules recorded an excellent safety January-February 2008 for a duration of 47 days. performance, without any LTA. The DR-1 module The reformer tube, catalyst, furnace refractories and has been in operation for 62 months without any alloy components of various process piping were LTA. replaced after fifteen years of service. 5. The plants demonstrated, under normal conditions, 2. The DR-2 module, which was commissioned during 103 MT/hr and 205 MT/hr respectively. The best the end of the previous year, completed its first year daily production figures recorded were 2,501 MT at of operations. DR-1 and 4,980 MT at DR-2. 3. During the year, 81,121 MT of surplus DRI and 6. 40,000 MT of oxide pellets of Iranian origin were 149,666 MT of HBI were exported to customers in successfully processed at 100% in the furnace feed. Asia, Egypt and the Far East.
page 16 C. RESULTS C. RESULTS 1. DR-1 Plant Productivity - January to December 2008
2. DR-2 Plant Productivity - January to December 2008
page 17 The Material Control Department takes immense pleasure in reporting the excellent achievements it recorded in various sectors of its operations during the year 2008, which is summarised below.
RAW MATERIAL RECEIVED/ IMPORTED DETAILS EXPORT MATERIAL (BULK) 1. Iron Ore Pellet & Lump Ore : 2,571,855 WMT TRANSPORTATION & LOADING (by vessel) PRODUCT & BY-PRODUCT EXPORT DETAILS 2. Import Scrap (HMS) : Nil 3. Ferro Alloys : 22,805 MT (by vessel) Material No. of Quantity 9,883 MT (by trailer) Vessels (MT) 8,340 MT (by container) Direct Reduction Iron (DRI) 2 81,121 4. Re-bar Discharging : 532,564 MT (by vessel) Hot Briquetted Iron (HBI) 9 149,666 5. Billet Discharging : 146,819 MT (by vessel) Total 11 230,787 6. Lime (lump, dolo & sized) : 74,022 MT (by truck/trailer) Iron Oxide Fines 1 54,000 7. Shredded Scrap (local) : 14,900 MT (by truck) Processed Iron Ore Fines 1 40,000 8. Heavy Scrap (local) : 70,881 MT (by truck) Total 2 94,000 9. Inplant Processed Scrap : 57,531 MT (generated from operations)
page 18 MATERIAL RECEIVING (IMPORT/ EXPORT) & UTILISATION OF RESOURCES
VESSELS RECEIVING/DISCHARGING/LOADING/JETTY OPERATIONS
Material No. of Quantity Berth Utilised Berth Utilised Vessels (MT) (Hrs.) (%)
Iron Ore Pellets 37 2,571,855 2,728 46% Clinker/Aggregates (other) 9 339,881 1,296
Berth No. 1 46 2,911,736 4,024
Ferro Alloys 6 22,805 160
Steel Scrap 0 0 0
Re-bar Discharging 12 532,564 3,072
Billet Discharging 6 146,819 389 80%
Product Loading (DRI/HBI) 11 230,787 390
By-Product Loading 2 94,000 389
Clinker/Aggregates (other) 66 2,045,421 9,544
Berth No. 2 & 3 103 3,072,396 13,944
MAIN EQUIPMENT UTILISATION
Equipment /Materials No. of Quantity Equipment Equipment Vessels (MT) Usage (Hrs.) Usage (%)
Unloader (Iron ore pellet 24 1,349,663 2,841 32% + clinker discharging)
Reclaimer-01 & Shovel 784,905 3,960 45% (pellet supply to DR-01 daybins)
Reclaimer-02 & Shovel 1,585,789 5,515 63% (pellet supply to DR-02 daybins)
Receiving Hopper 22 1,229,242 1,183 14%
Shore Crane (LIEBHERR) 14 332,831 1,151 13%
Re-bar Discharging 12 532,564 3,072 35%
Billet Discharging 6 146,819 389 4%
Stacker (I) 26 1,594,931 2,559 29%
Stacker (01) Product Stacking (DRI & HBI) 653,721 3,649 42%
Stacker (02) 20 1,316,805 1,465 17%
Soft Loader 13 324,787 779 9%
Clinker/Aggregates 66 2,045,421 9,544 54%
OPERATIONAL HIGHLIGHTS Cost reduction was achieved by receiving & processing (by sub-con) around 50,367 MT of skull & return scrap generated from various operational stages and by supplying them to the furnaces.
page 19 Established & commissioned in January 2008 and operational since February 2008 under the Engineering Department, the Slag Separation Plant was officially transferred to the Material Control Department under the EF Supply Section on 1st June 2008. The Slag Separation Plant uses raw slag as feed which passes through the crushing system and the chain of conveyors/grizzlies/magnets, resulting in the recovery of metal (8%). The rest is processed slag.
page 20 NEW FACILITIES TRAINING & DEVELOPMENT 1. Slag Separation Plant To enhance the crane operation skills of operators and Established & commissioned in January 2008 to obtain the certification of a professional training and operational since February 2008 under the group duly attested by the QP authorities, the ‘Safe Engineering Department, the Slag Separation Plant Onshore Crane Operation’ training was successfully was officially transferred to the Material Control completed by the faculty of TUV SUD Middle East from Department under the EF Supply Section on 24 to 28 August 2008. 1st June 2008.
The plant uses raw slag as feed which passes through the crushing system and the chain of conveyors/ grizzlies/magnets, resulting in the recovery of metal (8%). The rest is processed slag. The recovered metal is used in the EAF basket for furnace charge. The processed slag material is a by-product used for slag pot preparation (3.5 tons/heat). The remaining is stacked for sale to reliable customers.
OPERATIONAL SUMMARY OF YEAR 2008 (since start-up in February 2008) Raw Slag - 127,590 MT used for Processing (Input)
Processed - 11,079 MT Metal Recovery (8.7%) The certificates, issued by TUV SUD and duly attested Metal used in - 9,341 MT by Qatar Petroleum, were received during September EF Basket/Furnace Charge 2008. The certificates along with cash vouchers were distributed to the respective operators during a Crushed Slag - 116,511 MT ceremony which was attended by the Department received (91.3%) Manager & Senior Employees.
Crushed Slag - 57,133 MT Year 2008 witnessed operational excellence, especially used in Pot Preparation in jetty operations and its facilities i.e. import/export of materials. Crushed Slag Sale - 2,002 MT (M/s. Bin Tawar) Various ministries requested the Mesaieed Port Operations to facilitate the import of building materials 2. Garage Section for Government-sponsored projects. This increased The complete set-up, which was formerly under the the demand on the Port and placed a lot of pressure on Maintenance Department was officially transferred its infrastructure. Qatar Steel is committed to satisfying to the Material Control Department under the EF the demands of various ministries. Supply Section on 1st November 2008. We successfully catered to the request of MIC Port 3. Lime Storage Silos Operations by lending our berths/discharging facilities 3 units of lime storage silos & related conveyor for the discharging of clinker/aggregates vessels systems, which were installed and commissioned belonging to various local cement companies. by the Engineering Department, were handed over to the Material Control Department under the EF The task is still underway and is being achieved by Supply Section on 1st December 2008. The silos proper planning and timely utilisation of berths (round capacity of 768 MT each is being used to store lump the clock, whenever required). lime, dolo lime & sized lime individually for smooth supply to EF.
page 21 In order to take full advantage of the present crisis, the manpower of the Steel Making Department has been elevated to international levels.
PRODUCTION PERFORMANCE Plant Capacity in Tons 2008 Result in Tons
Electric Arc Furnace EF1 & 2 420,000 476,351
EF3 384,000 486,147
EF2R 666,000 472,154
EF TOTAL 1,470,000 1,434,652
Continuous Casting CC1 & 2 526,800 475,312
CC3 705,317 472,406
CC2R 615,000 458,238
CC TOTAL 1,847,117 1,405,956
ELECTRIC ARC FURNACE The overall performance of the Electric Arc Furnace was quite impressive during the year 2008. The shop achieved a higher production than its budget and recorded many milestones in its regular production.
page 22 PROCESS INNOVATIONS DURING 2008 eliminate regular problems with SV failure. CC3 strand bunkers were also modified to ease the restarting of EF PLANT the strands. 1. Commissioning of the Gunning Robot with Scanner in EF2R The operation of the new casting machine, CC2R, After the successful achievement and results of which was supplied by Danieli, Italy and is equipped the Gunning Robot with Scanner in EF3, one more with a high speed casting facility, dynamic secondary Gunning Robot was commissioned in EF2R resulting cooling, variable hydraulic oscillator etc. and is suited in an increase in the wall refractory life from an for value-added grades like low & high carbon steel, average of 280 heats to 729 heats per campaign. was stabilised after commissioning in September 2007.
GUNNING ROBOT
2. Commissioning of EF2R and LF2R It achieved a higher production than its budget. CC1 The commissioning of the EF2R Danieli 80t Furnace & 2 also posted higher production figures than their and the Ladle Furnace LF2R was completed, budgets. resulting in an increase in the production and quality of steel. Significant efforts were undertaken to improve the CC yield in the last quarter of the year. The CC yield 3. Installation of Carbon and Oxyjets exceeded the budget of 98.2% and finished at 98.3% The original HiJet supplied by Danieli was and the CC operation delay was just 4% of the total modified for DRI melting, changing over to carbon delay generated in CC. Continuous improvement and Oxyjets, thereby resulting in a reduction in initiatives were taken to improve productivity and tap-to-tap time and melting power. A similar system reduce cost. has been planned for EF3 during the year 2009. LOGISTICS SECTION 4. FLS Contract with RHI The Logistics Section of the Steel Making Department A Full Line Service (FLS) contract was signed by underwent various developments to support the Sh. Nasser Bin Hamad Al-Thani, Director & General production process with minimum logistics-related Manager and RHI, Austria for the supply of refractory delays and maximum cost reduction in the process and gunning robots for all furnaces. during the year 2008. The Porous Plug Safety System (IPV) technology trial was successfully conducted in our IPV SYSTEM Ladle Purging Process. This has increased the protection of the purging system and has resulted in a better performance and a reduction in refractory cost. CC PLANT The ladle profile was modified to achieve the optimum CC performance during 2008 was commendable and performance of the ladle furnace operation. The result it achieved a higher production than its budget. The is very encouraging as about 15 ~ 20% reduction in Shop achieved a record breaking performance in CCC consumption can be achieved. ratio in totality and CC3 in particular. We reached up During 2008 the LV11 slide gate system was satisfactorily to 17 heats/seq as average CCC ratio in a month in operated without any major accident and the system CC3. The average CCC ratio in all the CCs fared at 11 contract with Vesuvius was renewed. With the operation heats/seq against the budget of 7.2 heats/seq. The of the LV11 slide gate system a cost saving to the tune slide valve cylinder hanging was installed in CC3 to of US$ 100,000 was recorded during the year.
page 23 PRODUCTION PERFORMANCE
Plant Plant Capacity in Tons 2008 Result in Tons
ROLLING MILL 1 740,000 526,840
ROLLING MILL 2 700,000 618,729
ROLLING MILL 1
page 24 ROLLING MILL 1 Rolling Mill 1 achieved a yearly production of 526,840 tons with 256.40 operation days.
Vital Statistics Plant Capacity 740,000 metric tons per annum of 8 to 40 mm deformed and 8 to 25 mm plain bars.
2008 Milestones New daily production records were established in the D28 size.
ROLLING MILL 2 Rolling Mill 2 surpassed the 2008 budgeted target of 439,641 tons in mid-August 2008 and finished the year with 618,729 tons, which is 29% above the budgeted figure and 88.4% of the designed figure in its first full year of operations.
Key Achievements • Achieved a RRR (Roll Rotating Ratio) of 71.3% against • 3 new sizes – D14, D22 and D36 – were added to the 65% (budgeted target). product range. • Achieved an overall yield of 96.83% against 96.51% • Billet length was changed from 12 m to 11.7 m to (budgeted target). improve the overall yield of the plant. This process of billet length optimisation is still underway. • Attained an overall productivity of 118.05 tons/hour against 108.7 tons/hour (budgeted target). • Trial rolling of 130 x 130 billets was done successfully. • Highest monthly production of 63,880 tons was achieved during July 2008.
Several modifications were undertaken in the Mill to enhance productivity and yield.
page 25 2008 ACTIVITIES HSE TRAINING INCIDENT REPORTING Safety education and training is a continuous process Incidents/Near Misses are being reported as per and Basic HSE Training was imparted to all the new the accident/incident reporting procedure and employees who joined Qatar Steel. 336 Qatar Steel investigations are carried out to recommend corrective employees & 352 contractor employees underwent actions. The objective of the accident investigations Basic HSE Training during 2008. is to prevent the recurrence of the incident and not to blame the individuals involved. The table on the In addition to this, Refresher HSE Training was following page shows the safety performance during frequently conducted for the existing employees of last year. Qatar Steel. Area specific and job specific inhouse HSE training courses were recommended to the Training There is an appreciable improvement in the safety Department and were conducted. HSE Induction performance as shown in the table. Also, the number of Training is applicable for all the contractor employees lost time accidents involving molten steel/slag splash as well and is being conducted for all the new contractor and consequent burn injuries are very much reduced employees in various languages - English, Arabic, and in 2008 there numbers were nil. The usage of Hindi, Malayalam & Tamil. aluminised jackets and foundry boots by casters and melters in the EF & CC areas brought down the molten HEAT STRESS MANAGEMENT steel related injuries to a large extent. Campaigns on the hazards of heat stress, pamphlets on the do’s & don’ts to ‘beat the heat’, awareness training Qatar Steel has added one more fire engine for better programme on heat stress by a Medical Officer and preparedness during emergency. Awareness training Safety Engineer, and the auditing of work places for and emergency drills were conducted by the HSE Heat Stress Management by HSE representatives were Department. all part of our Heat Stress Management Campaign MOTIVATION during 2008. No heat stress accidents occurred during The employees’ involvement in HSE is very much last summer. appreciated through various motivational schemes like safety posters, safety slogans, HSE quiz and suggestions.
page 26 NUMBER OF LTA, MA AND NEAR MISSES FOR THE YEAR 2008
Type Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
LTA Nil 2 2 3 1 3 Nil 2 1 1 1 Nil 16
MA 9 7 13 4 5 4 4 10 6 5 4 2 73
Near Miss 4 4 8 2 5 4 Nil 8 1 6 Nil Nil 42
Vehicle 1 2 Nil 1 Nil Nil Nil Nil Nil 1 4 2 11
Fire 2 1 3 2 1 2 1 Nil 2 Nil 2 Nil 16
Prop. 10 10 6 5 9 4 14 6 9 6 6 4 89 Damage
Qatar Steel has an integrated HESQ Policy and to Qatar Armed forces (QAF) visited Qatar Steel for a improve the awareness and knowledge of the policy training exercise on Chemical and Radiation Screening as well as the need to report near misses, cash awards from 19 to 21 February 2008. They were briefed on were distributed to all employees who reported near the overall history of Qatar Steel radiation testing/ misses of high accident potential. measurement instruments and the special PPEs used during the handling of radiation sources. COMMUNICATION Communication is one of the major tools for a better VISIT OF NATIONAL HEALTH AUTHORITY HSE Management System, and all the information A delegation of physicians from the Preventive Health regarding accidents, and the safety performance of each Department (Occupational Health Division, National and every section/department is being communicated Health Authority) visited Qatar Steel’s Clinic & HSE to all the concerned departments. HSE is one of the Department for a training session on 30th March 2008. departments which uses the services of our Intranet They were briefed on the production processes, the portal, icenter, as a medium for communication. HSE activities as well as the medical facilities. The delegates visited most of the plant areas. The HESQ Policy, signed by the Director and General Manager, is available on the HSE portal in English & Arabic. In addition to this, all HSE related news, messages, monthly statistics, department-wise hazards, risks register on hazards, incident/near miss reports, PPE standards, environment standards and ongoing EMPs and a number of other useful details on HSE are available on this portal. ENVIRONMENT The Qatar Steel Environment Committee was established in 1999 while setting up our Environment Management System. The purpose of the Committee is to uphold the environment principles by engaging with employees, thereby allowing them to have a greater say in environmental matters. The Environment Committee has a statutory role related to the performance of the Environment Management System and the Environment Protection Standards set by the MoE. The Committee co-ordinates environment management programmes, and conducts environment audits as a part of our continual improvement. The ISO 14001-2004 renewal audit that was conducted in October 2008 resulted in our successful re-accreditation. VISIT OF QATAR ARMED FORCES A training exercise on Chemical & Radiation Screening was jointly conducted by Qatar Steel & Qatar Armed Forces (Chemical Defense Unit).
page 27 2008 was a year of successful growth for the Rebar Fabrication Facility. The year culminated in a ‘better than expected’ performance in all its areas of activity.
The success in our growth was fuelled by our success in securing many major projects. Barwa, in particular, awarded us the Al Sadd Development, Barwa City Phase I and Commercial Avenue projects. These projects along with other notable successful projects at NDIA, The Pearl-Qatar and West Bay, rewarded the Rebar Fabrication Facility with sustained growth, success and progress throughout the year.
page 28 This astounding success was also the backbone of the Rebar Fabrication Facility Expansion Programme which included the installation and commissioning of additional specialised machinery, specifically designed for production in the Qatari market. In order to keep pace with the expected increase in productivity, the existing machinery was also enhanced and additional employees were recruited. Keeping in line with the Vision of Qatar Steel and the continued buoyancy of the economy of the State of Qatar, the Rebar Fabrication Facility expects to grow by more than 100% during 2009.
page 29 The year 2008 has been a sort of a roller coaster ride high liquidity. In 2008 rebar prices kept soaring mainly for the global steel industry with demand and prices due to the record increase in raw material and energy soaring from the start of the year until the end of Q3 costs. This induced large-scale speculative buying of when steel prices began a downturn with the sagging construction materials, including rebars, mainly for global demand mainly due to the knock-down effect of stocking, throughout the most of H1 2008 resulting the global economic crisis. The GCC markets followed in a high stock build-up in all markets. This in turn led the same boom-bust trend seen in the global market to over-supply. With the economic crisis affecting the in year 2008. The ecstasy of the first half of 2008 was banking sector in the GCC region the construction exceptional for the rebar industry in the region, as a industry in the region was severely hit on account of the plethora of projects were announced on the back of high crashing real estate and property market. In addition oil revenues. So was also the anguish as demand and falling oil prices put pressure on governments to call prices took a parabolic path down. Oil prices recorded off or put on hold major infrastructure projects. its highest levels in 2008 flushing the GCC region with
page 30 With the GCC region consuming high volumes of rebar steel making companies in the region and with a view in 2008, Qatar Steel maintained its supplies to the GCC towards encouraging sports, Qatar Steel became markets. The Qatari market performed exceptionally the proud ‘Platinum Sponsor’ of the IODA Asian well during 2008 and supplies to the domestic market Championship ’08 and the 8th Qatar International grew by 44% YOY. Hence, most of Qatar Steel’s supplies Show Jumping Championship held in Qatar. were made to the domestic market. Qatar Steel’s rebar supply to the domestic market was 1.318 million tons. In an effort to add value to the brand, the Company As a result the market share of Qatar Steel’s rebars in participated in all the leading exhibitions held in the the export market was reduced in 2008. Total sales in GCC. This propelled the image of the Company to a the export market was 313,300 MT which is 44% lower new peak. The Company implemented the Capsule than last year. In 2008 the gross quantity sales shot up by Branding (Branding the Gate) for the first time at 11% from last year’s sales to 1.632 million tons. The GCC ‘Building Futures Gulf by BATIMAT 2008 Exhibition’ and region will continue to remain the main market in 2009; aired a 60-second TV commercial at the International however given the low demand in the GCC region the Property Show 2008 held at Dubai. Qatar Steel worked Company will be also expanding into emerging markets in tandem with the Arab Iron and Steel Union and of the MENA region like Egypt, Yemen, Iran and Iraq. co-sponsored the AISU 2008 in Doha, Qatar along In an effort to strengthen the domestic market, Qatar with AISU. The event was held under the auspices of Steel took measures to increase its number of traders H.E. Yousef Hussain Kamal, Minister of Economy and in the market. Qatar Steel set up an online customer Finance and Chairman of Qatar Steel. portal this year, for its traders in the domestic market, as a start-up to pioneer e-business with all its trading As a corporate citizen of an increasingly borderless partners in the GCC region. The move was directed at world, Qatar Steel continued to work towards CSR bringing greater transparency in its deals and offering and contributed to various community development its customers better quality services. plans. In order to accomplish the requirements of corporate responsibility and to participate in the overall Operating in a very competitive environment, the development of the society, Qatar Steel participated in inspiring sales performance of this year was reinforced the Arab Children Forum, organised by Barzan Youth by an outstanding communications strategy crafted Centre in Doha, as the official sponsor. The Forum with an integrated and coherent approach. The was attended by children from all the Arab countries. Company celebrated the 30th anniversary of the Qatar Steel was also the ‘Platinum Sponsor’ of the 4th commencement of its commercial production at a International Trauma & Emergency Medical Conference glittering function held at The Ritz-Carlton, Doha. The 2008 organised by Hamad Hospital, Doha, Qatar. function was attended by HE Yousef Hussain Kamal, Minister of Economy and Finance and Chairman Qatar Steel remained visible all over the GCC through of Qatar Steel; Sheikh Nasser Bin Hamad Al-Thani, the ME Steel Map published by Metal Bulletin and the Director & General Manager; a number of foreign advertisement campaign undertaken through London delegates and ambassadors; high ranking officials; Metal Exchange (The Ringsider Steels Edition 2008), distinguished personalities; prominent businessmen; MEED and Oxford Business Group magazines, and the Qatar Steel traders and the Company’s management. Report Qatar 2008. During the event long-serving employees and Qatar Steel’s accredited traders were honoured and were With an unlimited opportunity to broaden its presented with special souvenirs. competitive advantage, Qatar Steel executed the ostentatious external signage programme and the The Company’s brand remained vibrant and relevant posting of the VMV (Vision, Mission and Values) posters all throughout the year and boldly spread the inherent internally. spirit of goodwill and resilience. As Qatar continues to make its presence felt in sports & games around the The overall performance of the Commercial Division region and indeed the world, as one of the leading during 2008 was impressive.
page 31 Qatar Steel, the first integrated steel plant in the In his speech HE Yousef Hussain Kamal thanked all Arabian Gulf, celebrated the 30th anniversary of the those who had been a part of Qatar Steel’s journey to commencement of its commercial production on success, especially the employees for their long-lasting Monday, 27 October 2008, followed by a gala dinner at dedication and for the incredible commitment they had The Ritz-Carlton, Doha. The event was attended by HE shown towards the Company’s vision, mission and values. Yousef Hussain Kamal, Minister of Economy & Finance He also said that during its thirty years of successful and Chairman of Qatar Steel; Sheikh Nasser Bin Hamad operations, Qatar Steel had been rewarded with a Al-Thani, Director & General Manager of Qatar Steel; number of international quality accreditations and has Qatar Steel management and senior employees; maintained a distinguished and leading position in the ambassadors; businessmen; corporate executives; and a local and regional iron and steel industry. number of clients/traders and associates. Sheikh Nasser Bin Hamad Al-Thani, the Director & General One of the prominent highlights of the 30th anniversary Manager of Qatar Steel, welcomed the guests and celebrations was the unveiling of the 30th anniversary thanked everyone for their efforts in helping the Company logo. The logo, which was inspired by the rebar of Qatar to realise its dream. “During the past thirty years, Qatar Steel, symbolises thirty years of industry dominance and Steel has been playing a vital role in the development the trustworthy relationships the Company has fostered of Qatar and its neighbouring countries. The current in this region. The event featured a unique exhibition in industrial, commercial and construction boom paves the the pre-event area, which displayed the various stages of way for a bright and prosperous future for Qatar under development the Company witnessed from 1978 till 2008. the wise leadership of HH Sheikh Hamad Bin Khalifa The frames of the images were made from the rebars of Al-Thani, Emir of the State of Qatar and HH Sheikh Tamim Qatar Steel. A documentary film, which highlighted the Bin Hamad Bin Khalifa Al-Thani, the Heir Apparent. Qatar progress of Qatar Steel since its inception by portraying Steel enjoys an impeccable reputation and is undertaking its expansion activities, plant facilities and its corporate decisive measures in line with the current economic and social responsibility towards the local community, was industrial expansions. We believe that Qatar Steel is a also displayed. During the event, employees who had vital ingredient of the infrastructure development of the Country, and is adequately supporting the community in completed 30 years of loyal and dedicated service were its development and growth,” Sheikh Nasser said. honoured with long service certificates and Qatar Steel’s traders were presented with special souvenirs. The The entire event received extensive coverage from the souvenir trophy was made from high quality transparent print and electronic media and was well appreciated by crystal, symbolising the Company’s vision to achieve the the attendees. A reputed Arabic music band entertained highest standards by inculcating rare values. the audience during the event.
page 32 ECbDÉ1Ex~7fCbCÍ~z0~6¡Jv£~zD*,2b~6¢D&*HK fE¯d~|D*HvJvpDEbgE~|EH&*£g~6xBfCx~7v-O b´Í;¡´*x~{Db+|1HrbmD*¡pF£g~6xBf04¯4b~7 Jx~{D*H+b~zD*A*¡´*Í.(°*¡JfCx~{D*hg0*H¤+xD*n£³* fEb-f.E Hv@@+&*bEHi*¡~zD* wG*¡:)*2*ygD*E Hx;&*K 0c-¥4bmgD*obgF(°*$v+¢<bEb<4Hx§x+¡gCK &*E *wG £pgD £g~6 xB 2b@@B b» b£BH bgDb~64H fCx~{D* f@@J'Hx@@+ ,2b~6²*x~}0vBHf0HvD*¡gD4bCygJ4v+x1bA$b~{< gC¯bCÍ~z0~6¡Jv£~zD*,2b~6xC3bCÌcD*rbmD* ,4*2(*z¸z£)4f£Db´*H2b~|gB°*xJ5HbCÍ~z0~6¡Jv£~zD* D*EbEb<Í.É.hC&*£g~6xB&*fc~6b´* w+bGbD&*¤gD*K ,4*2(°*z¸¡~}<Áb.%*v0+x~8bFt£~{D*,2b~6H£g~6xB f£´bD*,2¡±*i*2bg<*E*2v<,ÆD* wGÉ1hc~zgC*Hq/bD*K 4bcCH£g~6xB,4*2(*¶(*fAb~9(°b+£g~6xBfCx~{DbD*xJv´*H d~|D*HvJv²*f B4fp~8 (2008-2001) í«∏°ùàdG ¿ÉÑ°†b äÉ©«Ñe 2008 2007 2006 2005 2004 2003 2002 2001 É1®vBHfCx~{D*,4*2(*¶ (*fAb~9(°b+£g~6xBIvDJvg´* 4b~6&*/*ÆDbCvBHbcJx-fc~z+xE&°*fJbF¯h~}sF*K ®3(*bJvDJvg´*Í<5¡´*HfCx~{D*¤;¡E¢E*vBÃx-²* ¯ibE¡²*Ä/&*¥wD*x@@E&°*f@@E5&°*Bb-¯¤~6b~6&*4H2D* Df~8b1fJ4bCw-bJ*vGÃv- *v/ÌcC~{+dD*/*x-¶(*I2&*b»b)bD(*H&*J4b~{´*£/K &b- fDHvD*ib/¡-Eb£~7bf~9bJxD*Hgm´*<2¢<£g~6xBh B4fp~8 ~|D*¯ 4b~6&*¯f£~6b£Bib 350^000 300^000 250^000 (& ' 200,000 % & !"( 150^000 # 100^000 $ " 50^000 % 0 B4fp~8 ,v0H~6¡-nEbFÄDfc~zDb+¥xD*2¡D*jÂrbmD**wGbC f£Ab~9(°* i°%°* £~{- H d£Cx- ~7 ¥wD* q£~zgD* vJv0 £~{- ®HfJxD*¡~zD*¯obgF(°*HDb~|£~|1f~|´*f~|~|sg´* obgF(°*vE¯fB¡g´*,2bJyD*,vFb~z´f£Db²*i°%°*kJv«b~}J&* *ygD°b+HÍ;¡´*EvJy´*eb£g~6b+fEbD*I¡D*,2bJ5®bC ¥wD*4bG25°*~}+Hb£c-H£g~6xBfDb~64HfJ'Hx+EbD* ¡D*£«¯xg~zF&*B¡gFxBfDH2¯fJ2b~|gB°*¡~zD* v~{- b<É1EÈC&*v§vgD*H B4fp~8 zMz0 ª- ,z0§G jg¡Gf+ ft/fI fHf< 2008 f< £fF ª/·E§k¼*¢HD&*$*2&*K*ÔgF*§Çl0oª0uªkG* m¸fq¼* i*vBbgD* E vJvDb+ bF5¡D fm£gF ¡D* £« ¯ b0b½ b@@C ¯D2¡<¢<8¡~|³*/H¢<,Hx+Eb~|0vA,ÌcD* Hx~{EHf£~zD*,Hx+fJvEHx~{EE¶H&°*f0x´*Hv~zD*Hx~{E ,54b+ib B4fp~8 ˻˹˹́ϝϼΧϊϘΗϥΕΩΎϛϲΘϟΙΩϮΤϟϭέϮϬμϤϟΪϳΪΤϟΝϭήΧΙΩϮΣϭΖϗϮϟωΎϴοϰϟ·ΔϳΩΆϤϟΙΩϮΤϟΩΪϋ f±* Ä~zJ2 ÄA¡F x+¡gC&* Ägc~6 z~z=&* ¡£D¡J ¡£F¡J ¡JbE Jx+&* 64bE xJ*ÄA xJbJ ¡D* 16 hB¡D*b£~9 vJv²*oHx1 73 79 4¡~|´* ¤gD*l2*¡²* 42 bc© 11 i*4b£~zD* 16 )*x²* ¢<4*x~9&°* 89 9 9 ibg´* |pAib~6b£BH,y/&*b¸¯fCx~{D*tJ4b-<y/¡Erx~7Ãvg+ fp~|D* I¡g~zE @@A4 b@@¸ ¯ fEbgE f~6b£~6 £g~6 xB fCx~{D E EbgD* v< fEvsg~z´*H f~8b³* PPE ibcJ4v-H ib B4fp~8 jcªgG*KjHÑG*KjtG*mf:fI p2*§º*Km¸fº*¢<ªgkG* jcªgG*KjHÑG*KjtG*fÀ·hM4zkG* i*$*x/(ÉD bAH-&*i2bC¤gD*HhBH¤gD*l2*¡²*<£cgD*gJ xB¯B¡g-°H,xg~zEf£<fEÉ~zD*b¸¯dJ4vgD*H£gD* q£p~|gD ib£~8¡g+ oHxsD f@@E5É@@D* ib£pgD* < ®H fcg´* fEÉ~zD*Hfp~|D*b¸¯f£~6b~6&°*ibcJ4vgD*ÌA¡-®vA£g~6 fDb²*4*x-Ei°b²*Hl2*¡²*¯£pgD*EvD*b~9H&°* Hb;¡E~|0H2v±*£g~6xB¤;¡E£±f_£cD*H b+¤´*;¡´*¢<bG$bD(*H&*f£D¡_~z´*h£cj-z£DHf.2b²*H&* bm´**wG¯f£~6b~6&°*ibcJ4vgD*¢< ¤/4b³*Hb´* b;¡EK Íg£~9b´*Íg~zD*É1fEÉ~zD*$*2&*·bgD*Hv±*xJ b<É1 8b³*Hv±b+q~9*H¡GbCfEÉ~zD*$*2&*¯6¡Ev-bG fEÉ~zD*Hfp~|D*b¸¯f/*xEibcJ4v-<®*wG¶(*fAb~9(°b+ 4¡~|´*d~|D*oHx1dc~z+hB¡D*b£~9l2*¡0&*bCl2*¡²b+ +f£~8¡gD*®HfCx~{Db+Í£Db²*Í;¡D,4xgE,4¡~|+f_£cD*H *x~8hFbCH*v/*ÌjCBvBHx0ED3<ngJbEHkc³*H&* hEbBvBHfCx~{D*1*2ibcJ4vgD*Hf~|~|ºi°b¸¯ibcJ4vgD* b<f~6*¡+f£B*¡D*fJw0&°*Hb~|D**vsg~6*I2&*b<¯ Hb´*¤;¡EdJ4v-®bCibcJ4vgD* wGw£g+dJ4vgD*,4*2(* ¶(*xg~z´*d~|D*Hf£)b+xD**x@@A&°*fE¯d~|D*Hx~|D* ibcJ4vgD* wGÃv-gJHf_£cD*HfEÉ~zD*Hfp~|D*b¸¯b~}J&* d~|D*<f©bD*ib+b~8(°*l2*¡0E*v/,ÌcCf/4v+£gD* f£+xD*H fJy£½(°* fgº ib+ 2v@@±* ÍDHb´* £/ ¤;¡´ 4¡~|´* £EbgD*HÉJÉ´*HfJvD*H *2*vg~6*ÈC&*¡gDbD¡~6&°,vJv/$b:(*,4b£~6£g~6xBhAb~9&* ,4*|º*¢<²f¡G*fJ4(¸*HHfkG* a4*¡D*J4bHf£<¡gD*ibcJ4v-$*x/(*®bCf)4bD*i°b²*¯ b<É1,4*x²*<ªbD*b@@G4(°*fpAb´f²*h~7 f_£cD*HfEÉ~zD*Hfp~|D*,4*2(*f~6*¡+ cmgJH&*J&*;¡´*¢<dmJb§ib£/¡-¥¡«ibc£gC4*v~8(* ~ªtkG* *wG<dJ4v-Hf£<¡-nE*x+ B4fp~8 1jD4zG*,z0K £~{gD*EbE¡J>¯:>+bJ¡~6b/bgF(*fA4vD*,v0Hh0 jª6fªE fE4* ~|Df£/bgF(°*fBbD* fA4vD*,v0HEE¶(*6b£+$b~z´*ub£~6&°*HE¶(*6b£+fDHvm´*ub£~6&°*Ef~zD*¯¥ÆE:> 2008 f<m*5fÅ(* .D28m0¯f£/bgF(°*¯vJv/¤~6b£BB4 2jD4zG*,z0K v²*E ,2bJy+bD*~|gE¯:> ¶(*~|gDb<¯bD2vp´*: >I¡g~zEfA4vD*,v0H£/bgF(*hBbA CbD*¯bD4x´*v²*E>H,ÆD*-¯bD4x´* 700^000 600^000 500^000 400^000 300^000 øW 200^000 100^000 0 439,641 400,046 379,796 340,200 301,725 261,900 222,075 183,600 143,775 116,775 76,950 39,825 (á£ÿG Ö°ùM) ‹ÉªLB’G 618,729 593,843 578,836 525,067 463,844 408,778 344,898 290,196 228,476 170,198 108,388 56,365 (»∏©ØdG) ‹ÉªLB’G m*5fÅ(¸*J&* f<¡¸¶(*D36HD22HD14¤GH,vJv/bm0&*fAb~9(* t vg~z´*BxD*+bEfA4vD*H*v-E>fc~zF£« t ibmg´* ¡GH Í~zpgDÆE>¶(**ÆEEd~|D*gC¡:Ì£-K t BxD*+bEf£/bgF(°*fBbD*f/E >fc~zF£«t gC¡:Í~z«f£<hD*5bEH~|Df£D*f£/bgF(°* >¡GHvg~z´* fJ4b/d~|D* BxD*+bEf B4fp~8 sfkI(¸*$*2&*L§kH ¢Gf+2008 f<r)fkI ¢Gf+jª/fkI(¸*jG* ,z0§G* > > fA4vD*,v0H > > fA4vD*,v0H 1jD4zG*,z0K 800^000 700^000 600^000 500^000 400^000 øW 300^000 200^000 100^000 0 711,477 656,567 595,696 532,390 470,827 407,164 343,501 281,938 248,938 186,790 123,127 63,663 (á£ÿG Ö°ùM) ‹ÉªLB’G 526,840 526,839 526,839 512,056 444,743 379,395 313,442 292,945 232,553 173,313 110,398 56,991 (»∏©ØdG) ‹ÉªLB’G B4fp~8 fF*¡~6*d£Cx-®H~zFfc~8>¡GH4x´*v²*+bE~zFC 2008b<É1ib£D*¯ibjJvpgD* f©bD*,2bg´*Cb~{´*¢<$b~}Dd~|D*,v0H¯)b´*b~|D* «)f+|¤G*£|G* ,2b<(*£~zgD)*v±*i*xEJv-®bCSVb~|D*b<&*< xDb+5b@@@@±*£~{-Hfp~6b§·%°*@@@@²*5b@@@@/v@@JHy@@-1 )*v±*£~{- ¤)b+xD* f£DbJ(°*¤Db£D2fCx~7f~6*¡+2R xg~z´*d~|D*5b/vJ4¡-® bFH ¤£EbJ2 vJÄ- bFH f ·%°*²*5b/ ¡+xD*E·bD*H}s´*I¡gp´*¥3d~|D*jEfAb~}Ef£B ¶(*fc~8Ex~|DHb´*4*v±*x<,2bJ5¶(*I2&*b» ,v0¡D* h0H Ägc~6 ¯ Í~7vgD* v+ £~{gD* h£cj- ® ,4H2C¯fc~8 xg~z´*d~|D*¤-v0Hh0DwCHbD4x´*v²*hBbAf£/bgF(* ȉfAx´*xAHȉ¤)b+xD*xD*Í~7v-2 bD4x´*v²*E¢<&*f£/bgF(*H xE&°*fAx´*xAH2R Danieli 80t¤)b+xD*xD*Í~7v-® É1xg~z´*d~|D*i*v0Hf£/bgF(*Í~zpgD,ÌcCi*2¡¸hDw+ d~|D*,2¡/Hf£/bgF(*,2bJ5¶(*I2&*¥wD* I¡g~zEEi*v0¡D* wGf£/bgF(*h-4*k£0bD*EÌ1&°*+xD* Ím~zC&°*H¡+xD*ib.bFd£Cx-3 £~{gD*¯Ì1&bgD*fc~zFhFbCH >I¡g~zE¶(*bD4x´* > ¢)b+xD*xD*¯f£~8&°*h£/¥bG¤£F*2ib.bFJv-® xg~z´*d~|D*i*v@@0H£~{-¯Ì1&bgD*E5f/EA Í+f£EyD*,ÆD*EBb»Ím~zC&°*H¡+xD*ib.bF¶(* ¡~6HfgD*£-Hf£/bgF(°*Í~zpgDi*42bcEw£-¯x~7bCO x~|Df+¡´*fBbD*f£CEBHibc~|D* £«¯b<É1¯h0x:¤gD*i*42bc´* wGG&*&*vc- bA*vG&* RH1fCx~7EfEbD*fEv³*v< RH1fCx~7HÁb.%*v0+x~8bFt£~{D*,2b~6bD*xJv´*BH 2*zH(¸*E x~|DHb´*4*v@@±*d£CÆDfEbCfEv1v<¢<Austria ¯i*5b@@½(°* EvJvD*d~|D*f B4fp~8 fEbD*I¡D*ibJ¡g~zEA4®bE(°*4v+f£Db²*fE5&°*E£gD f£´bD*ibJ¡g~z´*¶(*d~|D*f «)f+|¤G* 6§G*£|D EvJvD**xA&°* h0H4x´*v²*~|´*obgF(*5Hb©k£0b<É1*v/*v£/¤)b+xD*6¡D*xD¤D*obgF(°*I¡g~zEbC ibJ¡g~z´*¶(*d~|D*f B4fp~8 |M§kG*KhM4zkG* ,zMz/mfHz1KD*|H i*2b~7¢<¡~|²*ibcgEbC(*HibA*xD*¤~{E,$bCAxD kc³*~|A~|E1 dJ4v-,4H2bC(*rbm+®HÆcDxBE,$bD*H|~|sgD* ExJ*ÄAwE£~{-®HxJbJ¯~|´*Í~7v-H$b~{F(*® TUV SUD MiddlefCx~7f~6*¡+`:b~{D*¢<ibA*xD*£~{- fcB*xE,4*2(*¶(*b£~64J¡«Hf£~6vD*,4*2(°*f~6*¡+bD*zF z~z=&*¶(*E,ÆD*É1East EH&°*E*4bcg<*¤)b+xD*6¡D**xA&*2*vE(*~zBh«2*¡´* ¡£F¡J Ì~z-bFÉ1Ex£Cb³*kc³*~|´**wGvsg~zJ wG<ngFvBHz£:b´b+~|D*i*v0HHD*4¡£~6Ef~z~6H vsg~zJkcsC¤BbcD*nDbJb£+v´*E,2bg~6*f£D* xD* p~{D ¤)b+xD* 6¡D* x@@A f~6 ¯ |sg~z´* v@@@@´* > kc³*f-¡+y£mgDvsg~zJ¤ 2008bD£~{gD*n)bgF|sE (2008xJ*ÄA¯£~{gD*fJ*v+wE vsg~z´*b³*kc³* ¥ÆE:> £D f±b´*¯ ¥ÆE:> |sg~z´*v´* > v+Ägc~6¯TUV SUDE,42b~|D*i*2b~{D*Ég~6*® f£DbEibF¡+¡CEi*2b~{D*J5¡-®HHÆcDxBEbG2bg<* xD*f~6¯vsg~z´*v´* ÍD¡_~z´*4bcCH,4*2(°*xJvE x~}0Ì~80¯Í£´*Í~{D ¥ÆE: > xD*£-¤)b+xD* ,4*2(°*¯ ¥ÆE:> g~z´*nDb´*kc³* $b£´*ib£<¯f~8b1£~{gD*b¸¯*5b£gE*b<v~7 > 2*¡´*xJv~|-H2*Ìg~6*jEfA*xEH&bAx´* vsg~z´*nDb´*kc³* gº E v@@@@@££~zE $b@@@@@@£E ib@@@@@@£< ¢< dD* ,2b@@J5 i2&* ¥ÆE:> $b<¡D*Ì~}«¯ J4b@@~{D $b@@@@@cD* 2*¡@@E 2*x@@@@@£g~6* f@@@@@£< @@@@@£~zgD i*4*5¡@@@D* ¥ÆE:> nDb´*kc³*ib£cE *wD bA*xEH $b£´* ib@@Ev@@1 ¢< ~}D* ,2b@@@J5 ¶(* f£E¡²* $bA¡D*Eg-¢g0$b£´*ibEv1 B4fp~8 2*§¼*|Mz-K Ñk6* 2*§¼*M|-K¢t7 $f¡ª¼*ª- &fD|¼* *zwk6* &fD|¼* *zwk6* jªG* 2z< 2*§¼* j jªª)|G*m*z¼*ª- m*z¼* *zwk6* m*z¼* *zwk6* jªG* 2z< 2*§¼*m*z¼* j ªkG*r)fkI £~{gD*0*xEgºEf±b´*Hb³*,2x³*E¥ÆE:> ¤ B4fp~8 b<É1i°bm´*gº¯bg0¤gD*,ÌcD*i*5b½(°*¤Jb£A|s-&*,2¡±*c~9,4*2(*x~zJ fJ|Mz-f¤HÑk6*¶«kG* f»*2*§¼*ª8f- ~zDb+ >> b³*vJv²*gC ªtkG*K¡G* j/ 2*§¼*|Mz- v/¡J° ,24¡g~z´*,2x³* jª<|G*Kjª6f6&¸*mfqk¡¼*ª8f- ~zDb+ ¥ÆE:> fJvJv²*)bc~zD* ib0b~{Db+ ¥ÆE: > ibJHb²b+ ¥ÆE:> ¢: jªG* ¢G*2z< 2*§¼* ~zDb+ ¥ÆE:> xJv~|- –q£~zgD*ub£~6&* > x~7bc´**yg1°*vJv0 ~zDb+ ¥ÆE:> xJv~|-d~|D*gC > 9 ¥4*x²*dD¡´*vJv²* ¥ÆE:> ̱* 230^787 11 j¹* i*4¡´*ib0b~{Db+ > vJv²*b1,42¡+ 7 ib0b~{Db+ ¥ÆE:> f£¹ fBy»,2x1 > nDb´*vJv²*b1,42¡+ ib0b~{Db+ ¥ÆE:> f£¹ f£.,2x1 94^000 2 j¹* ¥ÆE:> ~|´b+f±bE,2x19 ib£D*<f©bF B4fp~8 r)fk¡G* s 2008ÌM2|Mf¡M 1 |7fg¼**~k1¸*,z0KsfkI(*1 !!!!#!!!%& - *!!!' )!!! (!!!!' (…Îe/øW) êÉàfE’G 80^000 70^000 60^000 50^000 40^000 30^000 20^000 10^000 0 $"#+ $" ' $"'%# + #+ , $ 8,561 71,776 34,262 72,564 60,727 71,798 71,805 71,115 63,560 64,438 45,168 0 êÉ``````àfE’G 2008ÌM2|Mf¡M 2 |7fg¼**~k1¸*,z0KsfkI(*2 !!!!#!!!%& - *!!!' )!!! (!!!!' (…Îe/øW) êÉàfE’G 150^000 125^000 100^000 75^000 50^000 25^000 0 $"#+ $" ' $"'%# + #+ , $ 7,122 0 84,329 90,513 129,836 149,873 103,416 16,000 89,741 99,835 136,612 137,787 êÉ``````àfE’G B4fp~8 |7fg¼**~k1¸*m*z0Kmfª< ª¡kG* &* ¥4*x²*dD¡´*vJv²*Hx~7bc´**yg1°*vJv0E¥ÆE:¡£E>~|´*ngF&*b<É1 mfªG*i ibcgEf£c-¯*5bg»Ém~6Í~|D*obgF(*i*v0Hix;&* fEb~7vJv©f£<¶(* x~7bc´**yg1°*,v@@0Hh~}1 b£~9¶(*¥2'¡@@J¥w@@D*¡D*El2*¡@@0¥&*¡@@BHH2fEÉ~zD* e¡cF&*Jvc-bDÉ1®bE¡J,v´xJ*ÄAHxJbJÉ1 ¥&*H2*x~7,v´ x~7bc´**yg1°*~|E<hB¡D* ibF¡´*HxD*¯4b~|FÉDfEHb´**4v±*yp´*rÉ~8(°* hB¡D*b£~9¶(*¥2'¡J¥wD*¡D*El2b0 bEb<v+f±b´*d£+bF&*gº¯)bc~zD*Ef<¡~|´* f B4fp~8 ªG* b0¡:A*2H¤~6b~6&°*k z¤G* fJ2bD*fJ4bmgD**vG&°*5Hb©EbÂb£C£«t lv«fB¡ExEfFbE¶*¡~8¡D,2¡±b+|gsJbE¯+IwgpJb/3¡¿qc~|F&*Ht bg_£+¯bB4bA 2¡<f.É.4*vE¢A,4Hbm´*HvD*H¤+xD*n£³*fE$b/4&* b<¯ £g~6xB d~|D*HvJvpDxBfCx~7h~z~6&b- ,2¡/E+~zg-b´,y£gE,x~7d~zggDb<£g~6xBh~8*HK ¤+xD* n£³* fE ¯ d~|D*H vJvpD EbgE ~|E H&b@@C b-bEv1Hb-bmgE£/¯bD£jE°f£B*v~|EHfFHxEH hD%*i*¡~zD*4*vE¢ B4fp~8 B4fp~8 :¡£E1^638·*¡02008b<¯£g~6xBobgF(*·b/(*+ ¯:¡£E1^296+bEdD¡´*vJv²*H¤m~6°*vJv²*E f£)b+xD**xA&°*i*v0H¯x~|´*vJv²*obgF(*+H2007b< b<¯¤D*obgF(°*E:¡£E1^175+bE:¡£E c£Dxg~z´*d~|D*,v0¡+d~|D*Hx<obgF(*m02*25*bC2007 ¥wD*H2007b<É1¤D*obgF(°*EfF4b´b+:¡£E> fA4vD*i*v0H¯q£~zgD*ub£~6*obgF*+H:¡£E>+ xB¯)bD*E:D*102obgF*®bC:¡£E1^150 ¯bJvDfgs´*obgF(°*i*v0¡Df£~6b£D*ibJ¡g~z´*v-H¤+2£g~6O K K 2008 ¤Fb.%*v0+x~8bFt£~{D*,2b~6 f´*¯b-bmgE¢<¥¡D*dD*x~7bcEb~6bF* b< bD*xJvD*H,4*2(°*zmE¡~}< ¯¤ B4fp~8 4Hx§£g~6xBhg0*k£0f~8b1f£G&*bDbCH xBfCx~{DzEb³*¥¡~zD*xJxgD*vF&*bF4Hx~6¤<*H2´F(* b£;¡EH b)É< Ãxg+ fCx~{D* hEbBH obgF°* $v+ ¢< bEb B4fp~8 4b£E1^020£g~6xDnEv´*1vD*¯b~8+ ¯bJ4¡£E858+bED3H2008b<¯bJ4 1^511¥vD*1vD*¯b~8+Í0¯2007b< ¡£E933+bE¯2008b<É1bJ44b£E .2007b<¯bJ4 b@@@@C£~z0@@@@~6¡Jv£~zD*,2b@@@@@@~6 z@@@£)x@D* ,xg~z´*G2¡/¢<£g~6xB¤;¡EH,4*2(*x~7&*&*2H&**Ì1&*K gc~zF9bsFb+¥&*¥ÆE:D&*xJv~|gD*ibp~7h+vA &*b~}J&*2H&*bCdF*¡±*fAbCEfCx~{D*$*2&*Í~z«HxJ¡gDK ¥ÆE:D&*h+¤gD*Hb<< i*¡~zD*4*vE¢<£g~6xBg0¥wD*y£g´*vgD*&*vC'H&* ¥ÆE:¡£E>dD¡´*¤m~6°*vJv²*obgF(*·b/(*+ ¯¥xD*2b~|gBÉD)bD*¡D*E xG¡/¯vg~zE,Ì1&°* ,b<¯¥ÆE:¡£E> +bED3Hb<¯ ÌE&*Áb.%*f£1+v0t£~{D*¡~zD*d0b~8,x~}0,2b£B; >f£)b+xD**xA&°*i*v0H¯x~|´*vJv²*obgF(*+bC ÍE&°*vD*·HÁb.%*v0+£t£~{D*¡~6HIv´*2ÉcD* ¡£E>f<¡~9¡´*i*xJvgD*m0bCÍ0¯¥ÆE:¡£E K b-4*2(*H£g~6xB,4*2(*z¸<f+b£FÌcgDf~8xD* wGygF&*H +¥wD*Hb<É1¤D*obgF(°*m0+bE¯H¥ÆE: gg1&*H,2b£BH<2EbG¡~6E bFb´bgE°*2b~8< ,v0¡+d~|D*Hx<obgF(*b~}J&*2*25*bC¥ÆE:¡£E>K JwD*£g~6xBib;¡EH¤;¡´Ix1&*,xEx~{D*£/¡g+¤gC /bgF(*®bEEfF4bE¥ÆE:¡£E>c£Dxg~z´*d~|D*K K f/*¡´G2¡/zJxgDGbJ(*b.b0)*xD*rbmD**wG1¡J ¥ÆE:¡£E> 4vBHb<¯b£AK 2bD*bD*¯fc£:n)bgF£«Hfc´*ibJvpgD* 4¡;$v+Hf£´bD*f£Db´**¡~6&°*9bsF°¶H&°*i*x~7'¡´*fJ*v+EH fE5ÉD*i*¡³*3bs-b+£g~6xB,4*2(*i42b+fJ2b~|gB°*fE5&°* 9bsF*EA*¡gJb§obgF(°*}£sg+D3HfE5&°*¤sgDfJx~zD*H b²*v+D3H£DbgD*}³f´*Ì+*vgD*3bs-*HdD* fFÕ06§M i*ÆD*É1$*2&°*~z0b~9H¡~zD*¯f£~zAbgD*,4vD*¢< ,4*2(°*z¸z£)4 fB¡g´*fc£~|D* B4fp~8 ,b<¯bJ4¡£E£g~6xDnEv´*1vD*¯b~8+ v~7k£0£g~6xDfc~zDb+b£)bjg~6*K bEb<bCb<bCvDK 1vD*¯b~8+Í0¯b<¯bJ4¡£E+bED3H É1f~8b14b~6&°*¯K b B4fp~8 ¤Fb.%*v0+x~8bFt£~{D*,2b~6 bD*xJvD*H,4*2(°*zmE¡~}< ¥vD*v~7*4v~6v£~zD* ¤sJxD*~z0+¤<v£~zD* ¥2bpD*¤<xGb:vpE6vD* 5bsD*HibJxg~{D*,x)*2xJvE fJ4bmgD*H'¡~{D*,x)*2xJvE J4b~{D*,x)*2xJvE 4*xE~z0£~z0v£~zD* ÉD*¢~|ErbCv£~zD* ¥2bD*~6bBÑ*vc<~6¡Jv£~zD* b<&°*f£-,4*2(*xJvE fJ4*2(°*H'¡~{D*xJvE obgF(°*,x)*2xJvE fJv0DbEv£~zD* @@£/£G*x+(*zJ42(*4¡@gCvD* ¤Fb@@0H4¤@@@J4v£~zD* ibE¡D*f£-,4*2(*xJvE ,4*2(°*zmEx£-x~6H££F¡FbD*J4b~{g~zD*x£cC f@@£@Db@@D*,4*2(°*xJvE 9B4fp~8 CELEBRATING YEARS 1978-2008 jGf6|G* f´b+d~|D*HvJv²*f B4fp~8 ,2b~zD*qDb~8vpE4¡gCvD*,2b~6 b@@@@C£~z0@@@@~6¡Jv£~zD*,2b@@@@@@~6 z£)xD*d)bF z@@@£)x@D* ¥v@@@@@D*v0vAv£~zD* ¤Fb.%*v0+x~8bFt£~{D* ¡@@@@@~}@< ¡@@@@@~}@< ¤gD*v0&*¤gGvpEv£~zD* ¤Ab~7%*¤Ab~74bcEx~8bF4¡gCvD* ¤c£~{D*v0&*0xD*vc<v£~zD* ¡@@@@@~}@< ¡@@@@@~}@< ¡@@@@@~}@< 7B4fp~8 jM'K|G* f´b+d~|D*HvJv²*f ¡@@@@@@@~6 «If.%*jCª1¢+zCC0¢+CCCª-xªG* £@@@E&°*v@@@@@@D*¤@@DH ¡@@~zD*d0b~8,x~}0 «If.%*jCª1¢+zCC0xªG* Iv@@@@@D*2É@@@@c@D*x£@@@@E&* »```HO ô``````£b £g~6xBfCx~7 £g~6xBfCx~7 ¤+2,xpD*fD*¤<c/e8 xBfDH2v££~zE e8 ,vpgD*f£+xD*i*4bE(°* zCbA -bG zCbA -bG [email protected] ¤FHx@@@gD(°*vJxcD* [email protected] ¤FHx@@@gD(°*vJxcD* www.qatarsteel.com.qa fc~{D*¢<B¡D* www.qatarsteel.ae fc~{D*¢<B¡D*