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.
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Famous quotes containing the word history:
“In history as in human life, regret does not bring back a lost moment and a thousand years will not recover something lost in a single hour.”
—Stefan Zweig (18811942)
“The history of reform is always identical; it is the comparison of the idea with the fact. Our modes of living are not agreeable to our imagination. We suspect they are unworthy. We arraign our daily employments.”
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“There has never been in history another such culture as the Western civilization M a culture which has practiced the belief that the physical and social environment of man is subject to rational manipulation and that history is subject to the will and action of man; whereas central to the traditional cultures of the rivals of Western civilization, those of Africa and Asia, is a belief that it is environment that dominates man.”
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