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Algerian Qatari Steel announced export figures

Algerian Qatari Steel has made significant progress by exporting 320,000 tons of products this year. Based on this figure, it started to plan the transactions made in the country's import and export in the coming periods.

Algerian Qatari Steel announced export figures

Algeria's steel company Qatar exported 320,000 tons of products in the first quarter of 2023. In the first quarter of this year, Algerian Qatari Steel exported approximately $200 million to international markets, including 320,000 tons of rebar, wire coils and slabs. This year, there has been an important development in the export of Algerian Qatari Steel. This allows it to bet that its products will reach all four continents of the world, despite the short time all units of transactions take.

In the last year of 2022, AQS company exported 240,000 tons, equivalent to approximately 160 million dollars. The Algerian Qatari Steel company gains an important place on the Algerian map and aims to restrict the country's imports, increase its export value and diversify its income sources outside the Hydrocarbon sector.

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SteelRadar Insight - Sayı 1 (Haziran 2024)

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