It is reported that Qatar Iron and Steel Company has achieved during the first quarter of 2007 a new production peak at the level of all its affiliated mills.

Its production of the direct reduction iron has doubled to 460,206 tonnes during the first quarter of 2007 up by 107% YoY as against 221,862 tonnes during the same period in 2006. Its production of molten steel amounted to 556,782 tonne up by 108% YoY as against 267,434 tons in the same period of 2006.

Its production of billet has doubled and amounted to 455,211 tonnes during the first quarter of 2007 up by 108% YoY as against 201,785 tonne during the same period in 2006. Rebars production during the first quarter of 2007 has increased by 44 % YoY from 182,697 tonnes in 2006 up to 332,921 tons during the first quarter of 2007.

This increase in the production quantities has come as a result of new capacities that came into existence. It plans to increase its production of sponge iron to 2.25 million tonnes per year with its new mill, which has come into production stage in March 2007 and its rebars production will be increased to 1.44 million tonnes per year with addition of its new bar mill which came into production stage in March 2007.