Ispat Annaba raises rebar prices in Algeria

Ispat Annaba raises rebar prices in Algeria

Algerian mill Ispat Annaba has increased its domestic price for rebars to such high levels that several construction projects in the country had to be stopped. The Algerian press has been gathering information to prove that price for 12 mm rebar has reached levels of 4200dinar/100 kg (approx. $53.15) ex stock yards.