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    QATAR STEEL COMPANY FZE (Dubai, UAE)


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  • Home
  • About Us
    • Company Profile
      • Chairman’s Message
      • MD & CEO’s Message
      • Vision, Mission and Values
      • Board of Directors
      • Management Team
      • Regional Leadership in Steel Production
      • Our Production Facilities
      • Investment in Subsidiaries and Associates
      • Qatar Steel Memberships
      • History and Recognitions
  • Products
    • Our Main Products
    • Product Specifications
    • Product Quality
    • Sales & Marketing
  • Certifications
  • Sustainability
    • SUSTAINABILITY MANAGEMENT APPROACH
      • Message from Chairman
      • MD & CEO’s Message
      • Sustainability Policy
      • Qatar Steel Highlights 2021
      • Stakeholder Map
      • Sustainability Framework
      • Material Sustainability Issues
      • Strategy Map
      • Sustainability Roadmap 2021
      • Sustainability Performance Data
      • Qatar Steel’s COVID-19 Response
    • Building the Future
      • Product Innovation and Operational Efficiency
      • Product Quality and Traceability
      • Customer Satisfaction
    • Ensuring A Safe and Healthy Work Environment
      • Employee and Contractor Safety
      • Safety Governance
      • Safety Training
      • Emergency Response Preparedness
      • Occupational Health
    • Contributing to Qatar’s Development
      • Qatarization
      • Local Procurement
      • Community Investment
    • Creating a Balanced Ecosystem
      • Responsible Sourcing and Material Consumption
      • Efficient Energy Usage
      • Reducing Emissions
      • Water Consumption and Effluents
      • By product Management and Recycling
      • Biodiversity & Ecotoxicity
    • Developing a High Performing and Motivated Team
      • Training and Development
    • Practice Good Governance
      • Corporate Governance
      • Accountability and Ethics
      • Risk Management
      • Internal Audit
    • Achieving Profitable Growth & Business portfolio
      • Growth Strategy
      • Operational Overview
      • Financial Highlights (Consolidated)
    • Appendices
      • Reporting Scope and Boundary
      • Maturity Assessment
      • GRI Content Index and IPIECA Index
    • Qatar Steel Company FZE (Dubai, UAE)
      • Engaging With Stakeholders
      • Materiality & Maturity Assessment
      • Summary of Stakeholders Activities
      • Sustainability Performance Data
      • Reducing environmental impact. Decoupling growth from our environmental impact
      • Lifecycle assessments
      • Code of Ethics and Business Conducts
      • Feedback/Complaints
      • QSFZE Sustainability Policy
  • Customers
  • Procurement
    • Vendor Registration
    • Supplier Portal
    • NOC for Export
    • Purchase of Ferrous Scrap
    • HSE Procedures for Contractors
    • TAWTEEN – Supply Chain Localization Program
  • Media Center
    • Press release
    • Integrated Reports
    • Annual Reports
    • Qatar Steel Magazines
    • Sustainability Reports
    • Blog
  • Careers
  • Contact Us
Sustainability > Achieving Profitable Growth & Business portfolio > Growth Strategy

Growth Strategy

Qatar Steel has adopted a three-time horizon approach to is growth strategy hinged on the need to marry profitability with sustainability and the drive of the Qatar National Vision 2030. The company recognizes the need for Carbon Neutrality and has redrafted its Vision and Mission statement to recognize the ever-increasing responsibility business has towards achieving globally set standards, in this vain Qatar Steel became a signatory to the World Steel Associations Sustainability Charter in 2022.

Qatar Steel has also recognized the need for greater agility in its operations, whereby the ability to idle and restart capacity in order to meet market short term demands is paramount. Qatar Steel demonstrated this in 2022 by restarting its larger DRI facility and idling the smaller unit, thus giving a cost of production benefit and freeing additional DRI production for sale.

The company also has recognized the global trend towards Net Zero steel emissions and given that the DRI/EAF route generally has lower GHG emissions than that of the traditional BF/BOF route plants it is positioning itself to be a supplier of Carbon Neutral steel and metallic to the regional and global markets. The trend towards decarbonization will also hasten the companies drive towards diversification in saleable product range, and inroads into new markets were established in the 2021/22 period

  • Achieving Profitable Growth & Business portfolio
  • Growth Strategy
  • Operational Overview
  • Financial Highlights (Consolidated)

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