05
Jan
14:49
Algeria shortens import payment terms, steel problems possible
The Algerian authorities have included in the new budget for 2021 a measure to shorten the terms of payments for imports, Kallanish learns from sources and the official state gazette.
According to the new legislation, import expenses of most goods, including steel, will need to be settled 45 days after the day of shipment. A European trader active in Algeria confirms this could create some problems for those selling to Algeria without previously approved letters o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous