The delay was intended to support domestic production of rebar and wire rod in Algeria, they added.
“Domestic long steel output is on the rise now, which makes Algeria a good market for imported billet today,” one trader said.
The commissioning of rolling facilities at the Algerian-Qatari Solb mill is another reason for increased billet imports, sources said. This is scheduled for April 2017 and the mill will be able to produce 2...
