Qatar Steel Company, a wholly owned subsidiary of Industries Qatar, will initially invest QR20mn for setting up a Rebar fabrication unit at its existing plant at the Mesaieed Industrial City. The new unit is expected to start commercial production by the last quarter of 2006.

Qasco director and GM Sheikh Nasser Hamad al-Thani recently concluded and signed contracts for the supply of machinery with leading manufacturers of Europe. The new project is being internally handled by Qasco’s engineering department.