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-22View entire presentation