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:
“It is true that this man was nothing but an elemental force in motion, directed and rendered more effective by extreme cunning and by a relentless tactical clairvoyance .... Hitler was history in its purest form.”
—Albert Camus (1913–1960)
“Free from public debt, at peace with all the world, and with no complicated interests to consult in our intercourse with foreign powers, the present may be hailed as the epoch in our history the most favorable for the settlement of those principles in our domestic policy which shall be best calculated to give stability to our Republic and secure the blessings of freedom to our citizens.”
—Andrew Jackson (1767–1845)
“Perhaps universal history is the history of the diverse intonation of some metaphors.”
—Jorge Luis Borges (1899–1986)