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Algeria: Tosyali flat steel production line will enter into operation in H2 2024

Tosyali Algeria intends to launch a line for the production of flat steel in the second half of 2024, according to a statement by the Ministry of Industry and Pharmaceutical Production in Algeria.

The announcement was made during a meeting granted by the Minister for the sector, Ali Aoun, to the CEO of the Tosyali Group, and the progress of the Group’s projects and its future ambitions were learned, especially with regard to production expansions and entering new foreign markets.

During the meeting, the Group’s CEO, Alp Topcuoglu, gave a presentation on the project to expand and diversify products through the manufacture of laminated plates, with the production line due to come on stream in the 2nd half of 2024. The number of workers will reach 6,500, according to the Ministry’s statement.

By the way, Mr. Aoun stressed “the necessity of accelerating the implementation of the expansion and increasing the rate of production, especially since the complex is considered an important pole for meeting the market’s needs for iron and steel.”

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