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RHI Signs Framework Contract with Qatar Steel (posted 11/5/08)

November 5, 2008
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RHI AG recently signed a contract with Qatar Steel Co., one of the leading steel producers in the Near and Middle East, for the supply of high-tech refractory products and technological know-how. The €30 million (~ $38 million) contract prolongs the existing partnership for another four years while extending its scope.
 
Qatar Steel has been using RHI’s refractory technology concepts and products since 2005, and has reportedly achieved significant capacity increases and cost savings. During a recent visit to Vienna by Sheikh Nasser Hamad Al-Thani, Qatar Steel’s managing director, it was agreed to broaden the existing cooperation and extend the contract for another four years.

RHI will supply the rapidly expanding enterprise with two more high-tech, heat-resistant gunning robots equipped with laser technology for use in electric arc furnaces at temperatures of 1500ºC, along with refractory products and services for other steel-making aggregates and applications. RHI technological and product know-how has reportedly given Qatar Steel more efficient, precise and safe ways of dealing with the refractory fittings in its aggregates. In addition, savings in maintenance time and repair materials and increases in productivity through improved plant availability are expected. The entire technology package will enable Qatar Steel to produce an additional 70,000 metric tonnes of liquid steel each year.

For more information, visit www.rhi.at or www.qatarsteel.net.


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