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24 Jan
13:30

North African longs export quotes converge

Algerian long steel export offers have increased, while those from Egypt have softened on-week, market participants inform Kallanish. Algerian Qatari Steel (AQS) is aiming for $603/tonne fob Algeria for rebar and $609/t fob for wire rod, both for end-February readiness. This marks an increase of $8/t and $11/t, respectively, compared to indications two weeks ago. Meanwhile, another Algerian producer, Tosyalı Iron Steel Industry Algerie, is booked for almost the e…
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