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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 and Marketing
  • CERTIFICATIONS
  • Sustainability

    SUSTAINABILITY MANAGEMENT APPROACH


    • Message From Chairman
    • MD & CEO's Message
    • Sustainability Policy
    • Qatar Steel Highlights 2020
    • Sustainability Framework
    • Material Sustainability Issues
    • Strategy Map
    • Sustainability RoadMap 2020
    • Sustainability Performance Data
    • Qatar Steel’s COVID-19 Response

    CREATING A BALANCED ECOSYSTEM


    • Responsible Sourcing And Material Consumption
    • Efficient Energy Usage
    • Reducing Emissions
    • Water Consumption And Effluents
    • By Product Management & Recycling
    • Biodiversity & Ecotoxicity

    APPENDICES


    • Reporting Scope and Boundaries
    • Maturity Assessment
    • GRI Content Index and IPIECA Index

    BUILDING THE FUTURE


    • Product Innovation And Operational Efficiency
    • Product Quality and Traceability
    • Customer Satisfaction

    DEVELOPING A HIGH PERFORMING
    AND MOTIVATED TEAM


    • Training and Development

    QATAR STEEL COMPANY FZE (Dubai, UAE)


    • Engaging with Stakeholders
    • Materiality & Maturity Assessment
    • Summary of Stakeholders Activities
    • Sustainability Performance Data
    • Reducing environmental impact

    ENSURING A SAFE AND HEALTHY WORK ENVIRONMENT


    • Employee and Contractor Safety
    • Safety Governance
    • Safety Training
    • Emergency Response Preparedness
    • Occupational Health

    PRACTICE GOOD GOVERNANCE


    • Corporate Governance
    • Accountability and Ethics
    • Risk Management
    • Internal Audit

    Qatar Steel Company FZE


    • Lifecycle assessments
    • Code of Ethics and Business Conducts
    • Feedback / Complaints
    • QSFZE Sustainability Policy

    CONTRIBUTING TO NATIONAL GROWTH & DEVELOPMENT


    • Qatarization
    • Community Investments
    • Local Procurement

    ACHIEVING PROFITABLE GROWTH & BUSINESS PORTFOLIO


    • Growth Strategy
    • Operational Overview
    • Financial Performance
  • Customers
  • Procurement

    • Vendor Registration
    • Supplier Portal
    • NOC for Export
    • Purchase of Ferrous Scrap
    • HSE Procedures for Contractors
    • TAWTEEN – Supply Chain Localization Program
  • Publications

    • Qatar Steel Magazines
    • Integrated Reports
    • Annual Reports
    • Sustainability
    • Newsletter
  • Careers
  • Contact Us
  • Home
  • About Us
    • Company Profile
      • Chairman’s Message
      • MD & CEO’s Message
      • Board of Directors
      • 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
    • Product Innovation
    • Product Traceability
    • Sales & Marketing
  • Sustainability
    • Our Sustainability Approach
      • Managing Director and Chief Executive Officer’s Message
      • Qatar Steel Highlights 2020
      • Sustainability Framework
      • Material Sustainability Issues
      • Strategy Map
      • Sustainability Roadmap 2020
      • Qatar Steel Policy
    • Building the Future
      • Product Innovation and Operational Efficiency
      • Product Quality and Traceability
      • Customer Satisfaction
    • 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
      • Waste Management and Recycling
      • Biodiversity and Ecotoxicity
    • Ensuring A Safe and Healthy Work Environment
      • AMAN Safety Transformation Program
      • Employee and Contractor Safety
      • Safety Training
      • Emergency Response Preparedness
      • Occupational Health
    • Developing a High Performing and Motivated Team
      • Training and Development
      • Employee Empowerment and Engagement
    • Practice Good Governance
      • Corporate Governance
      • Accountability and Ethics
      • Risk Management
    • Achieving Profitable Growth & Business portfolio
      • Financial Highlights (Consolidated)
      • Cost Optimization
    • Appendices
      • Reporting Scope and Boundary
      • Maturity Assessment
      • GRI Content Index and IPIECA Index
      • Acronyms
    • 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
  • Customer
  • Tenders
    • Purchase of Ferrous Scrap
    • Supplier Portal
    • How to Tender
    • NOC for Export
    • HSE Procedures for Contractors
    • TAWTEEN – Supply Chain Localization Program
  • Publications
    • Qatar Steel Magazines
    • Annual Reports
    • Sustainability
  • Careers
  • Contact Us

Message from Chairman

The current COVID19 pandemic has not only brought new challenges to our daily lives but also disturbed the global market and triggered crisis in many countries and economies. It has also challenged us to view and think differently in a quest to survive the crisis. Our ability to respond quickly to new situations depends on the pre-established foundation of everything we have been focusing on in the past few years, including business transformation, the development of flexible remote office tools and technologies, and employee engagement.

Our efforts in business transformation along with cost management and price and demand recovery in our main markets in the third quarter, allowed us to end the financial year as forecasted.

To support and build a culture of collaboration, inspiration, and best practices to achieve great results, we renewed our core values during 2020. This approach is reflected in our latest corporate statement of “Building the Future”.

There has been a world-wide growing significance or focus on Climate Change and the increasing calls for the “Green Steel Agenda” in our industry. The State of Qatar’s ratification of the Paris Climate Agreement, the 2050 National Low-Carbon Strategy, and the Qatar Government’s commitment to reduce greenhouse gas emissions to a lower level set new targets for our company to reduce carbon dioxide emissions. The carbon dioxide intensity set a new short-term goal where we plan to reduce greenhouse gas emissions per ton of steel from 2021 through achieving a 3% reduction by 2023. This goal is supported by our specific activities on operational efficiency and the development of a Decarbonization Strategy. Qatar Steel is committed to sustainable development. We will continue to reduce our ecological footprint, reduce energy and resource consumption, and recyclability, thereby enabling us to increase the scrap recycling in feed-mix to 45%.

During 2020, we reviewed our mid-term strategy with a focus on investment in improving our occupational health and safety systems and environmental safety projects. Our operations directly affects the lives and health of our employees and local communities. In these challenging times for the health system, we support local health organizations and communities and will continue to do so. We modernized the factory’s medical infrastructure in 2020, enabling us to improve the effectiveness of medical services to our employees. As part of the new operating strategy, Qatar Steel’s Sales & Marketing activities have now been moved back into Qatar Steel from September 1, 2020. This strategy has a limited international component.

Qatar Steel contributes to the sustainable development of the region by creating job opportunities and improving the quality of life of its employees and their family. During the epidemic, we continued to support small and medium-sized enterprises, assisted in solving pressing social challenges, while protecting cultural heritage, and developing culture and education.

Looking forward to future growth and success.

Saad Rashid Al-Muhannadi
Chairman

  • Our Sustainability Approach
  • Message from Chairman
  • Managing Director and Chief Executive Officer's Message
  • Sustainability Policy
  • Qatar Steel Highlights 2020
  • Stakeholder Map
  • Sustainability Framework
  • Material Sustainability Issues
  • Strategy Map
  • Sustainability Roadmap 2020
  • Sustainability Performance Data
  • Qatar Steel's COVID-19 Response

QUICK LINKS

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