13,122.58 TRY BIST 100 BIST 100
56.17 EUR EUR EUR
48.67 USD USD USD
7.30 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
41.17 TRY Interest Interest
104.36 USD Fossil Oil Fossil Oil
6.54 USD Copper Copper
99.78 TRY Silver Silver
95.89 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
95.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Algerian steel markets navigate economic shift as Ramadan concludes

Algeria's economic landscape undergoes transformation as Ramadan nears end.

Algerian steel markets navigate economic shift as Ramadan concludes

Algerian steel markets are experiencing a shift in economic outlook as Ramadan draws to a close. The price of Algerian Qatari Steel Rebar continues at 710 USD including VAT.

Forecasts suggest sustained demand and momentum in projects, with the upcoming summer months expected to see acceleration. However, the political calendar's recalibration, with presidential elections scheduled for September, is expected to catalyze economic growth and mitigate post-Ramadan demand dip. This combination of factors suggests resilience and adaptability in the face of evolving circumstances, indicating a promising economic trajectory.

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