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12 Aug
12:31

Qatar Steel sales grow, production shrinks

Qatar Steel revenue grew 23% to QAR 2.21 billion ($607 million) in the first half of 2021, from QAR 1.4 billion ($384.6m) in the same period of last year, parent Industries Qatar (IQ) says in a report seen by Kallanish. The company is factoring revenue increase in the H1 2021 to an upswing in selling prices by 27% versus H1 2020, amid an increase in demand, underpinned by improved construction activity, along with higher raw material costs internationally. On the …
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