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9,765.12 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
35.13 USD USD USD
36.48 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.50 TRY Interest Interest
72.45 USD Fossil Oil Fossil Oil
29.03 USD Silver Silver
4.09 USD Copper Copper
100.71 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,600.46 TRY Gold (gr) Gold (gr)
9,765.12 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
35.13 USD USD USD
36.48 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.50 TRY Interest Interest
72.45 USD Fossil Oil Fossil Oil
29.03 USD Silver Silver
4.09 USD Copper Copper
100.71 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,600.46 TRY Gold (gr) Gold (gr)

Qatari Steel receives certification to expand rebar sales in the European market

Algerian Qatari Steel (AQS), one of Algeria's largest integrated steel producers, is preparing to make a significant impact on the European long product market.

Qatari Steel receives certification to expand rebar sales in the European market

The company recently received an important certification for rebar sales in Lithuania, furthering its ambition to enter other Baltic countries.

The certificate was issued by the Lithuanian authorities on 20 October and applies to B500B, 8-40 mm steel rebar. According to the official statement, the certificate will remain valid as long as AQS maintains its production in line with the prescribed requirements. This is not the first time AQS has been certified for the Baltic region; the company has previously received a certificate for Poland.

With a production capacity of 2.5 million metric tonnes of DRI and 2.4 million metric tonnes of crude steel per year, AQS has become a force to be reckoned with. In the long segment, the company has a production capacity of 1.5 million metric tonnes of rebar and 500,000 metric tonnes of wire rod per year.

Already a recognised entity in some African markets, the UK and Poland, AQS aims to expand its horizons. The latest certificate is a concrete step towards establishing a stronger presence in the Baltic and Scandinavian regions.

AQS stated that it is not content with just the Baltic expansion, but is also working to obtain similar certifications for other countries in the region. This dual approach underlines AQS' determination to become a leading player in the European steel market.

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