Mr. Youssef bin Ahmed Al-Mohannadi, member of the Board of Directors and General Manager of the Algerian-Qatari Steel Company, revealed that the company’s turnover reached about 1.2 billion dollars in the year 2023. After the production pace reached nearly 1.7 million tons of finished products, more than 700 thousand were exported. tons of it to …
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148.1 million tonnes (Mt) in January 2024, a 1.6% decrease compared to January 2023. Crude steel production by region Area Jan 2024 (Mt) % change Jan 24/23 Jan-Jan 2024 (Mt) % change 24/23 Africa 2.0 16.3 2.0 16.3 Asia …
The Minister of Industry and Pharmaceutical Production, Ali Aoun, confirmed that iron and steel products in Algeria will witness greater diversification starting from the second half of this year 2024, thanks to the expansion projects planned at the level of the Tosyali Company and the Algerian Qatari Steel Company. In a public session dedicated to …
Algerian steel industry is witnessing a diversification of products in H2 of 2024 Read More »
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 135.7 million tonnes (Mt) in December 2023, a 5.3% decrease compared to December 2022. Africa produced 1.9 Mt in December 2023, up 17.7% on December 2022. Asia and Oceania produced 96.4 Mt, down 9.7%. The EU (27) produced 9.1 …
World crude steel production declined in December Read More »
The Minister of Industry and Pharmaceutical Production, Ali Aoun, confirmed this Monday in Annaba. A total of 215 hectares of industrial property were recovered in the vicinity of Sider El hadjar Iron and Steel Complex, which will be directed to launching investment projects that enhance national production capabilities of various materials and products. The Minister …
The Minister of Industry, Mr. Ali Aoun, made a working visit to the Belara Iron and Steel Company (Algerian Qatari Steel ), accompanied by the Governor of Jijel State, the President of the State People’s Assembly, and the President and General Manager of the CEDAR Complex. First, after His Excellency the Minister of Industry listened …
The Minister of Industry and Pharmaceutical Production visits the Algerian Qatari Steel Read More »
According to preliminary census data from the US Department of Commerce. US imports of rebar totaled 69,010 mt in November 2023, down 27.3% from October and down 29.9% from November 2022 levels. By value, rebar imports totaled $42.9 million in November 2023, compared to $56.5 million in October and $66.8 million in November 2022. The …
The production units of Sider El-Hadjar complex in Annaba have begun their activities. This is after the process of restarting the blast furnace, according to what was reported today, Wednesday, in a statement by the “Imetal Group”. Imetal Group explained in its statement that “actual production has begun” for Sider El-Hadjar complex, which is affiliated …
The Arab Iron and Steel Union is scheduled to hold the eighth meeting of the Union’s Economic Committee during the period from 4 to 5 March next in the city of Algiers, the Republic of Algeria, at the kind invitation of the Imetal Group. The committee holds its meetings periodically to study the conditions of …
Arab Iron and Steel Union holds a meeting of the Economic Committee in Algeria Read More »
Algerian steelmaker Tosyali Algeria, a subsidiary of Turkiye’s Tosyal Holding, will complete the fourth phase of its capacity expansion project by 2025. The company will add a new direct reduced iron plant, an electric arc furnace, hot and cold rolling mills and a galvanizing mill to its site in the Bethia industrial zone (western Algeria). …
Tosyali Algeria will complete the expansion project by 2025 Read More »
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 145.5 million tonnes (Mt) in November 2023, a 3.3% increase compared to November 2022. Africa produced 1.8 Mt in November 2023, up 3.1% on November 2022. Asia and Oceania produced 104.8 Mt, up 2.2%. The EU (27) produced 10.6 …
World crude steel production increased by 3.3% in November 2023 Read More »
According to final census data from the US Department of Commerce, US imports of wire rod totaled 88,979 mt in October 2023, up 80.7% from September and up 39.5% from October 2022 levels. By value, wire rod imports totaled $73.9 million in October 2023, compared to $47.8 million in September and $75.3 million in October …
US wire rod imports up 80.7 percent in October , Algeria is in the lead Read More »
Algiers, Assistant Director General of the National Iron and Steel Corporation (FERAL), Belhadj Reda, confirmed that between 2022 and 2023, more than 250 thousand tons of iron ore were extracted from the Gara Jbeilat mine. Mr. Belhadj explained, in a press interview with Algerian Radio Channel 1, that about a quarter of a million tons …
Algeria: Extracting more than 250 thousand tons of iron ore from the Gara Jbeilat mine Read More »
According to preliminary census data from the US Department of Commerce, US imports of rebar totaled 94,964 mt in October 2023, up 71.0% from September but down 9.4% from October 2022 levels. By value, rebar imports totaled $56.5 million in October 2023, compared to $33.7 million in September and $76.6 million in October 2022. The …
US rebar imports up 71.0% in October 2023, Egypt is in the lead Read More »
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 150.0 million tonnes (Mt) in October 2023, a 0.6% increase compared to October 2022. Africa produced 1.9 Mt in October 2023, up 3.5% on October 2022. Asia and Oceania produced 108.8 Mt, up 0.8%. The EU (27) produced 10.6 …
World crude steel production increased by 0.6% in October 2023 Read More »
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 …
Algeria: Tosyali flat steel production line will enter into operation in H2 2024 Read More »
Today, November 9, 2023, the inauguration ceremony of Mr. Boulaioune Karim as President General Manager of Sider El Hadgar Complex was held by Mr. Baburi Djamal, President and General Manager of Imetal Group, and Mr. Sedrati Lamin, President and General Manager of Sider Group, in the presence of some of the General Managers of Imetal …
Appointment of Boulaioune Karim as President General Manager of ٍSider El Hadgar Complex Read More »
According to preliminary data from the US Department of Commerce, total US imports of rebar reached 55,531 tons in September 2023, down 64.1% from August and 48.6% from September 2022 levels. In terms of value, total rebar imports reached $33.7 million in September 2023, compared to $93.8 million in August, and $82.9 million in September …
US rebar imports down 64.1 percent in September with Egypt and Algeria in the lead Read More »
According to final census data from the U.S. Department of Commerce, U.S. wire rod imports totalled 89,393 tonnes in August 2023, an increase of 25.1% from July and 27.3% from August 2022 levels. In terms of value, total wire rod imports reached $85.7 million in August 2023, compared to $71.2 million in July and $86.5 …
In recent years, Algeria has transformed from an importer of iron and steel – especially reinforcing steel – into an exporter thanks to two factories, one of which is the result of a partnership between the Algerian government Cedar Group with a share of 46% and the “Qatar Steel International” company affiliated with Qatar Mining …
Algerian Qatari Steel Company is a model of successful Arab partnerships Read More »
The Algerian Qatari Steel Company was able to obtain a certificate of conformity of quality for reinforcing steel from the State of Poland after completing all audit procedures on the company’s production operations, and confirming the quality tests that our products were subjected to, which were in conformity with the marketing specifications in force in …
In June this year, Turkey’s billet and bloom import volume declined by 14.2% month on month and by 19.2% year on year to 266,007 mt, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports totaled $167.73 million, down by 15.3% month on month and by 30.7% year on …
According to preliminary statistics data released by the US Department of Commerce, total US imports of rebar reached 193,326 tonnes in June 2023, up 171.5% from May and up 94.3% from June 2022 levels. In terms of value, total rebar imports amounted to $123.0 million in June 2023, compared to $47.6 million in May and …
Algeria and Egypt are the leading exporters of rebar to US in June Read More »
The Minister of Agriculture and Rural Development, Mohamed Abdelhafidh Henni, made an inspection visit on July 08, 2023, in El Attaf municipality, Ain Defla, within the framework of a project to study and implement metal silos and their accessories for grain storage with a capacity of 20,000 tonnes. This was in the presence of the …
In May this year, Türkiye’s hot rolled steel coils total exports increased by 25.8% compared to April but decreased by 39.8% year-on-year to reach 83,336 tonnes, according to the Turkish Statistical Institute (TUIK). The value of these exports amounted to $63.54 million, which increased 28.7% monthly but down by 56.7% compared to 2022. From January …
In Tindouf, a partnership agreement was signed between the National Iron and Steel Company (FERAL) and the Chinese consortium “CMH” related to the exploitation of iron ores in the Ghar Jbeilat-Gharb mine and the valuation of its production by establishing a factory for the production of steel tiles in Bechar. This agreement was signed by …
Signing a partnership agreement between FERAL and the Chinese consortium CMH Read More »
Algeria’s exports of building materials last year amounted to 12.18 million tonnes, at about a value of $1.3 billion, compared to $567 million in 2021, an increase of 56% compared to 2021. Building materials represented “Algeria’s most important non-hydrocarbon exports” during the past two years, as their share of total non-hydrocarbon exports amounted to 15% …
Algeria’s exports of building materials increased by 56% in 2022 Read More »
The government studied during its weekly meeting today, Wednesday, headed by Prime Minister Ayman Ben Abderrahman, a preliminary draft law regulating mining activities presented by the Minister of Energy and Mines. According to a statement of interests of the Prime Minister. The same source adds this draft text aims to revive the mining sector and …
The Complex of the Algerian Qatari Steel Company (AQS) in Bellara, Jijel Province, aims to exceed $300 million in exports in 2023 against $160 million in 2022. In the first quarter of this year, the Company exported about $200 million. The Company Director of communications and public relations, Mouloud Louâil, explained in statements to the …
Algerian Qatari Steel targets exports of more than $300 million in 2023 Read More »
On Thursday, the Minister of Industry and Pharmaceutical Production, Ali Aoun, stressed the need to control the modern iron and steel industry technologies and change management patterns in this field. During his work and inspection visit to his sector in Annaba province, accompanied by the Minister of Labour, Employment and Social Security, Faisal bin Taleb, …