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09 Jan
13:31

North African longs mills assess export demand

North African long steel producers, namely from Algeria and Egypt, are exploring opportunities in the export market, potentially capitalising on recent constraints in the Red Sea, which may provide them with a competitive advantage, market participants inform Kallanish. Some Algerian suppliers are gathering bids to evaluate export potential. Namely, Algerian Qatari Steel (AQS) is considering exports at $595/tonne fob for rebar, $597/t fob for wire rod and $53…
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