Qatar Steel Market: Infrastructure Boom, Rebar Dominance & Sustainable Growth Outlook

According to IMARC Group's latest research publication, Qatar steel market size was valued at USD 2,039.13 Million in 2025 and is projected to reach USD 2,655.03 Million by 2034, growing at a compound annual growth rate of 2.98% from 2026-2034.

How AI is Reshaping the Future of Qatar Steel Market

• To manage inventory and production tracking, Qatar Steel used Manufacturing Execution Systems (MES). One of its MES is Proficy Smart Factory, which reduced manual operations at plants and increased productivity.
• Artificial intelligence projects in Qatar National Vision 2030 and Qatar Digital Agenda 2030 are accelerating the use of automation and smart technologies in industries like steel to improve resource efficiency and maintain competitiveness in the diversifying economy.
• AI-driven predictive maintenance and process optimization applications are increasingly used to improve reliability, reduce equipment downtime, and increase energy efficiency in steelmaking and other energy-intensive industries.

Unlock the Latest 2026 Data, Insights & Outlook

Qatar Steel Market Trends & Drivers:

High levels of infrastructure and growth-related construction activity, in line with national development plans, continue to support the steel products market in Qatar. Investment levels in major infrastructure projects for sectors including transportation, urbanization and energy continue to provide demand for steel products including rebar, structural sections and specialty steel products. Increased government spending on airports, metro systems, and new cities is creating constant demand for durable materials which is favoring domestic players and making the market technology driven to address the requirements of the projects. Urbanization is providing a long-term demand for the construction of housing, commercial, and industrial buildings, offering a stable market as the economy diversifies.

The Qatar steel industry is evolving towards greater sustainability, with increased focus on environment-friendly methods of production and recycling. Over time, there is a shift towards the use of lower-emission production methods, such as scrap-based and other low-carbon steelmaking technologies, by manufacturers and users to reduce the steel industry's environmental impact. These initiatives also support regulations and international best practices for optimizing resource utilization and minimizing environmental impacts associated with steel production. Recycling steel scrap from construction waste also contributes to circular economy and a more resilient industrial supply chain. This trend leads to the development of products designed for both durability and sustainability.

The energy sector, notably new investments in liquefied natural gas (LNG) infrastructure, brings highly specialized demand for high-performance steels for the offshore and onshore industries requiring corrosion-resistant and high-strength products. It is also seen as a driver of industrial diversification, as steel is used to develop industrial parks and logistics hubs. This has been compounded by the need for operational efficiency and quality assurance across energy-related constructions, which has further driven a market trend toward connecting steel use to objectives such as resource efficiency and resilience in the national economy.

Qatar Steel Industry Segmentation:

The report has segmented the market into the following categories:

Type Insights:

• Flat Steel
• Long Steel

Product Insights:

• Structural Steel
• Prestressing Steel
• Bright Steel
• Welding Wire and Rod
• Iron Steel Wire
• Ropes
• Braids

Application Insights:

• Building and Construction
• Electrical Appliances
• Metal Products
• Automotive
• Transportation
• Mechanical Equipment
• Domestic Appliances

Regional Insights:

• Ad Dawhah
• Al Rayyan
• Al Wakrah
• Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Recent News and Developments in Qatar Steel Market

• February 2026: Qatar Steel's plant in Mesaieed reaches 45% utilization in January, up from as low as 31% in late 2025. Increases in rebar and wire rod import duty, intended to support local production, contribute to stabilizing the market for finished steel products in Qatar.
• December 2025: Qatar Steel signs a cooperation agreement with Qatar Primary Materials Company (QPMC) on steel recycling, with the aim of recycling iron and steel from construction and demolition waste in Rawdat Rashed as part of the circular economy and sustainable sourcing.
• November 2025: Qatar Steel and Qatari customs signed a Memorandum of Understanding on 22 October, restricting/effectively controlling steel scrap exports, to meet feedstock demand for electric arc furnace operations resulting from regional EAF expansions.
• July 2025: Qatar Steel announces preparation for ResponsibleSteel Stage 2 Audit under the International Production Standard, after becoming a member in 2023 to certify responsible and sustainable steel production practices.
• 2025: Qatar Steel re-commissions its fourth electric arc furnace (EF4) unit, adding 750,000 tonnes per annum (TPA) of billet production capacity, increasing production levels of billets, and in turn, increasing the sales levels of upstream products.

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