Industries Qatar announces the acquisition of Qatar Steel by its subsidiary, Qatar Steel, for 346 million Qatari riyals.


Industries Qatar announced the completion of the acquisition of all shares of Qatar Rebar Production Company, by its wholly owned subsidiary, Qatar Steel, for a total amount of 346 million Qatari riyals, excluding cash and debt balances, provided that the deal will be financed through the group’s internal funding sources.


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