NO. 14



QASCO Takes Over Management of Steel Mill

The Qatar Steel Company (QASCO) - owned 70% by the Qatar Government and 20%by Kobe Steel and 10% by Tokyo Boeki of Japan - has taken over as of 1 Januarythe full management of its steel mill at Umm Said, following the expiry of itsmanagement contract with Kobe Steel at the end of 1988. The decision to takeover the management of the plant was taken last April (MEES, 25 April 1988),with the proviso that Kobe Steel will...