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Market Brief

Algerian Steel Producers Halt Production Amid COVID-19 Concerns, an Industrial Info Market Brief

Two major Algerian steelmakers, Algerian Qatari Steel (AQS) and El-Hadjar Iron & Steel, halted crude steel production in the last week of March as the COVID-19 pandemic slowed expansion plans for domestic steelmakers in the region.

Released Wednesday, May 20, 2020

Algerian Steel Producers Halt Production Amid COVID-19 Concerns, an Industrial Info Market Brief

Two major Algerian steelmakers, Algerian Qatari Steel (AQS) and El-Hadjar Iron & Steel, halted crude steel production in the last week of March as the COVID-19 pandemic slowed expansion plans for domestic steelmakers in the region.

The factory closures increase the likelihood that multinational companies will continue to face delays, raw material shortages, increased costs and reduced orders due to supply-chain disruptions.

Click here for a list of active steel projects across Algeria, and see map below.

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