At Qatar Steel, we aim to support local suppliers and contractors, recognising that such support is one of the main ways in which we can contribute to the Qatari economy. We obtain all of our natural gas requirements from Qatar Petroleum, and we source our materials locally whenever local suppliers can compete in price and quality. This local sourcing includes all scrap steel and office supplies. We also accept and use a significant amount of waste material from other companies in Qatar, helping them to reduce their environmental footprint while providing us with valuable production input. It is true, however, that many of our raw material sand equipment are not available locally, which requires us to purchase them from other countries.
Spending on locally based contractors and suppliers
Total Spending (‘000 QR)
As percentage of total spending (%)
In 2014, our spending on locally based contractors and suppliers reached approximately 312,622 QR, representing 70% of our total spending on contractors and supplier. These figures include local distributors and excludes the procurement of raw materials.