• Tosyali to invest $2.5 billion in Algeria steel complex
• Project to boost automotive, hydrocarbons sectors with local supply
• Plant targets 1.6 million tons output, deliveries start eyed for Q3-2026

Turkey’s Tosyali Holding plans to invest $2.5 billion in a new steel complex in Algeria to supply raw materials for the automotive and hydrocarbons industries.

Fuat Tosyalı, chairman of the group, announced the project at the Tube & Wire Fair in Düsseldorf, Germany, held from April 13 to 17.

The new complex will be added to Tosyali’s existing plant in Bethioua, 60 km east of Oran, increasing the group’s production capacity in Algeria. Of the planned 1.6 million metric tons of output, about 700,000 tons will be dedicated to automotive-grade steel, as the country pushes to develop its car industry.

Algeria requires car manufacturers to meet local integration targets of 10% within two years of starting production and 30% within five years. First deliveries for the automotive sector are expected in the third quarter of 2026.

Local raw material supply

The complex will also supply raw materials locally for pipes used in the oil and gas sector. Tosyali is expected to source iron ore from operators at the Gara Djebilet deposit near Tindouf in southwestern Algeria. The open-pit mine, inaugurated in February, holds estimated reserves of 3.5 billion metric tons.

In February, Tosyali also began building a primary iron ore processing plant using ore from Gara Djebilet, in partnership with state-owned mining company SONAREM.

Algeria, which has three steel plants, has banned several steel imports in recent years to support domestic production.

Tosyali’s first Algerian complex, which began operations in 2013, has an annual capacity of about 6.5 million metric tons. Known as Tosyali Iron Steel Industry Algérie, it produces rebar, steel coils and billets, wire rod, and spiral-welded pipes.

Founded in 1961, Tosyali Holding operates nearly 40 steel plants in Turkey and abroad, including in Spain, Angola and Senegal. The group employs more than 1,500 people.

Walid Kéfi