In 2018, the Qatari government will focus on supporting the industries and projects related to the construction of the 2022 World Cup and encourage the development and construction of related projects in the tourism, SME and economic zone, and infrastructure construction in the free zone, among which traffic and infrastructure construction projects are expected. Spending 11.5 billion U.S. dollars. In order to reduce its dependence on the oil and gas industry, Qatar is currently pushing for the development of diversified industries such as steel. The huge investment in infrastructure projects and abundant oil and gas resources will create opportunities for the development of the steel industry.

On the oil front, since the middle period of 2014, the oil price between the United States and Saudi Arabia has played a "fighting game with chickens." Affected by this, the economy in Qatar has been greatly affected. At the same time, Qatar’s gross domestic product (GDP) and per capita GDP have also dropped dramatically. Statistics from the International Monetary Fund show that, in 2015, Qatar’s per capita GDP was 78,829 U.S. dollars, which was reduced to 73,724 U.S. dollars by 2016. Although Qatar’s per capita GDP has increased to US$77,856 in Qatar in 2017, Qatar still needs to actively support the development of industries such as manufacturing, and reduce its dependence on the oil and gas industries as soon as possible.

In recent years, Qatar has begun to implement industrial diversification policies, large-scale infrastructure construction projects in transportation, power, urban, medical and other areas, while focusing on the development of manufacturing industries that can effectively use the existing oil and gas resources, including petrochemical, steel and other industries.