Algeria cuts steel output to limit Covid-19 pandemic, sources say

Algerian steelmakers Algerian Qatari Steel (AQS) and El-Hadjar Iron & Steel Complex have stopped crude steel production because of the Covid-19 pandemic, market sources told Fastmarkets on Friday March 27.

The country’s authorities have issued a decree calling on companies to reduce their non-essential workforces by at least 50% to limit the spread of the virus. The decree came into force on...

Published

Maria Tanatar

Vlada Novokreshchenova

March 27, 2020

17:00 GMT

London, Dnepr