With the view of consolidating and fostering its business relations with its accredited traders in Qatar in GCC countries, Qatar Steel hosted its 11th Traders’ Annual Gathering.
An official ceremony was held at The Ritz Carlton- Doha, in honor of all Qatar Steel’s traders, and in recognition of their devoted efforts. The ceremony was attended by a large number of traders and distributers, both locally and regionally. Qatar Steel officials, on top of them were Mr. Ali Bin Hasan Al-Muraikhi, Managing Director & General Manager, division and department managers and senior employees.
Through this gathering, Qatar Steel aims at meeting its traders, discuss business relations and the ways to further develop and enhance its cooperation with them in the future.
In his welcoming speech, Mr. Ali Bin Hassan Al-Muraikhi, Managing Director and General Manager of Qatar Steel, said that “Qatar Steel, as a national leading steel company, contributes to Qatar’s economy, through producing high quality re-bar and wire rod, required for infrastructural projects.
“Qatar is a promising market, due to huge investments expected in the coming years, and a number of mega strategic projects are being implemented in preparation for 2022 World Football Cup.”, Al-Muraikhi added.
Mr. Al-Muraikhi pointed out that 2013 was a high performing year for Qatar Steel with excellent and positive highlights in terms of operational and financial results despite the challenges that the regional markets have witnessed. Qatar steel has achieved high percentage of growth, as one of leading steel companies in Arab Gulf, and it has succeeded to establish itself in the local and regional markets through its high quality products, and outstanding customer service, doing our utmost to meet their requirements and expectations.
He went on to say that the company is constantly striving to increase its production, diversify its products and increase its revenues. The company is heading as well to achieve sustainable development on all levels; economic, social and environment, in compliance with Qatar’s National Vision 2030.
Mr. Al-Muraikhi highlighted the company’s achievements, expansion projects throughout 2013. He commended the traders for their continual support and cooperation. These achievements included the accomplishment of the Steel Melt Shop Project (EF5). The commercial production commenced in Feb 2014, with a capacity of 1.1 million ton per year.
As for the Algerian JV Steel project, Al-Muraikhi said that Qatar Steel International [QSI] signed the shareholders agreement in March 2013; Articles of Association was initialized on 19th December 2013 and the registration was completed in Algeria in Jan. 2014.
In conformity with the environment preservation, and within the framework of turning all its manufacturing operations to be ecofriendly, Qatar Steel implemented a recycling of its by-products through briquetted iron, and to utilize them as raw materials in the manufacturing process.
Commenting on the event, Mr. Ahmad Al-Ansari, Division Commercial Manager of Qatar Steel said that the traders’ gathering is a perfect opportunity for Qatar Steel to meet its traders, exchange the views about different business aspects and review the current and future marketing plans and strategies.
Al-Ansari pointed out that such annual gathering with our traders would enhance the cooperation and communications with them, and it would strengthen the ties of partnership, based on mutual trust and respect.
Qatar Steel has gained an outstanding reputation in local and world markets, due to its high quality products and distinguished customer service.