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

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 March 22.

El-Hadjar, located in Annaba in the east of the country, stopped production for two...

Published

Maria Tanatar

Vlada Novokreshchenova

March 30, 2020

13:15 GMT

London, Dnepr