VOL. XL
No. 8
24-February-1997
QATAR
Qatar Signs Joint Venture Agreement For $400Mn HBI Plant
The Qatari Minister of Electricity and Water and Chairman of the Qatar Steel Company (QASCO), Mr. Ahmad 'Ali al-Suba'i, announced on 18 February that a joint venture agreement has been signed for the construction of a $400mn hot briquetted iron plant (HBI). The projected plant will produce upon completion in early 1999 2mn tons/year of HBI for use as feedstock in steel plants for the manufacture of...
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