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13 Aug
13:54

Algerian Qatari Steel increases domestic rebar prices

Algerian Qatari Steel (AQS) has announced a DZD 2,000/tonne ($15/t) increase in domestic rebar prices, effective 14 August, while keeping wire rod prices unchanged, Kallanish notes from the company. The new rebar price is at DZD 104,400/t ex-works, while wire rod is at DZD 104,200/t ex-works. The price in DZD includes 19% VAT. Excluding VAT, these prices convert to $629/t and $627/t respectively. For export markets, AQS has also updated its pricing and ship…
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