VOL. XXXI

NO. 30

2-MAY-1988

QATAR

QASCO Increases Sales by 3% in 1987

The Qatar Steel Company (QASCO) - a joint-venture firm between the QatarGovernment (70%) and the Japanese firms Kobe Steel (20%) and Tokyo Boeki (10%) -increased its sales in 1987 by over 3% to 510,000 tons, compared to 496,000 tonsin 1986. According to QASCO's Chairman, Mr. Ahmad al-Suba'i, the company'sproduction of steel bars also increased from 493,000 tons in 1986 to 501,000tons last year. QASCO is planning to take over the...