24
Jan
12:15
Algerian Qatari Steel raises export quotes
Algerian Qatari Steel (AQS) reassessed its export tags on 24 January, citing high demand in the domestic market, according to a company announcement.
In the domestic market, AQS rebar and wire rod were available at an unchanged price of DZD 113,000/t ex-works, including 19% VAT, or $706/t excluding VAT, considering the exchange rate of DZD 134.475 per dollar.
The company is also preparing the ground for finished steel export offers, targeting $603/t fob for …
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