AQS starts hot trials at second steel complex, to launch DRI output by June

Wednesday, 22 April 2020 17:00:38 (GMT+3)   |   Istanbul

Algerian Qatari Steel (AQS) is successfully proceeding with the integration of its production, despite challenging market conditions, SteelOrbis has learned. Early last week, the company started hot trials at its second electric arc furnace (EAF) and continuous casting machine (CCM). Both facilities have 1.1 million mt per year capacity, for crude steel and square billet, respectively. The company already operates a steel complex of the same capacity, launched at the end of last year.

For now, AQS is using domestic scrap and imported direct reduced iron (DRI) as a raw material. Later, the producer intends to use its own DRI for its crude steel output. According to the preliminary schedule, the 2.5 million mt DRI-module will be operational by June this year.

AnnaVoloshenko
Anna Voloshenko
Editor

Having now over 14 years of experience in steel market analyses and price reporting, joined SteelOrbis in 2019 to head and manage the market intelligence department. Currently overlooking the price developments in the steel sectors of Turkey, MENA region, Europe and partly the CIS. The markets of flats, longs, steel slab and billet are among the current key responsibilities. I have a bachelor’s degree from Ukraine’s Dnipro National University, a master’s degree in the international trade and finance.


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