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Investor Presentaiton

CLASSIFICATION: CO NON-CONFIDENTIAL 1Q-22 results: Steel Analysis of production & selling prices Production: Production increased by 20% compared to 1Q-21, as the segment restarted DR-2 facility during 1Q-22, as against DR-1 which was operational until the end of 2021. DR-2 has a production capacity of 1,500k MT's per annum compared to DR-1 that has an annual capacity of 800k MT's per annum; Production volumes increased by 33% during 1Q-22 in comparison to 4Q-21, as Qatar Steel decides to switch mothballing of DR facilities by restarting a DR facility with larger capacity. Selling Prices: improved by 18% versus 1Q-21, amid increase in demand underpinned by elevated construction activity carried forward from latter part of 2020, coupled with higher raw material costs internationally.; Prices declined during 1Q-22 by 4% compared to the 4Q-21, on the back on lower steel prices internationally. Production (MT' 000) Selling prices ($/MT) +33% +20% -4% +18% 932 781 694 702 673 779 779 777 700 571 1Q-21 2Q-21 3Q-21 4Q-21 1Q-22 1Q-21 2Q-21 3Q-21 4Q-21 1Q-22 36 Industries Qatar, IR Presentation, 1Q-22
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