Tosyali Algeria Steel Group, located in Bethioua, Oran, has exported 15,000 tonnes of anti-corrosion spiral tubes to Angola.
The process of exporting these large tubes, 55 meters long, was carried out in three stages from the port of Arzew, Oran.
The total value of these spiral tubes, the first of their kind in terms of length, is 20 million dollars, Ramzi Azzi, director of foreign trade and investment monitoring at Tosyali Algeria, told APS. Other export operations to Tunisia and other African countries are scheduled for October.
Tosyali Algeria aims to expand its activities by carrying out different types of steel products export operations to neighbouring African and European countries and meet the national market needs.
In the first six months of 2022, the steel complex exported 571,000 tons of steel products, an increase of 10% compared to the same period last year, with revenues equivalent to 450 million dollars. These exports were made from the ports of Oran, Arzew, and Mostaganem to many countries in Africa, America, and Europe.
This year, Tosyali Algeria also aims to export 1.5 million tonnes of various steel products and reach $1 billion in exports.