Qatar Steel - History

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 way of Emiri Decree No. 130 under its former name QASCO as the first integrated steel plant in the Persian Gulf region. It was a joint venture between the Government of Qatar and two Japanese companies, Kobe Steel and Tokyo Boeki . 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) during a reorganization in April 2003.

Read more about this topic:  Qatar Steel

Famous quotes containing the word history:

    The awareness that health is dependent upon habits that we control makes us the first generation in history that to a large extent determines its own destiny.
    Jimmy Carter (James Earl Carter, Jr.)

    There is one great fact, characteristic of this our nineteenth century, a fact which no party dares deny. On the one hand, there have started into life industrial and scientific forces which no epoch of former human history had ever suspected. On the other hand, there exist symptoms of decay, far surpassing the horrors recorded of the latter times of the Roman empire. In our days everything seems pregnant with its contrary.
    Karl Marx (1818–1883)

    I believe that history might be, and ought to be, taught in a new fashion so as to make the meaning of it as a process of evolution intelligible to the young.
    Thomas Henry Huxley (1825–95)