04
Jul
11:59
Qatar Steel readies re-roller Al Qataria acquisition
Qatar Steel parent company Industries Qatar (IQ)'s board of directors has given in-principal approval for a potential acquisition by Qatar Steel of 100% shares in Al Qataria for the Production of Reinforcing Steel (Al-Qataria), Kallanish notes.
"The completion of the transaction is subject to obtaining related regulatory and other concerned approvals,” IQ says in a statement.
Al Qataria is a re-roller based in the New Industrial Area in Ar-Rayyan, …
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