The project reflects the company's efforts to diversify its production and improve access to regional markets.
The DRI plant will consolidate new capacities
According to the Algerian Investment Promotion Agency, the investments include the construction of a direct reduction iron production plant with an annual production capacity of about 2.5 million tons.
. The company is expected to consume about 3.6 million tons of raw materials and generate about $825 million in annual revenue. The project's financing structure includes US$ 155 million in equity and US$625 million in loans, highlighting the capital-intensive nature of investments in DRI-based steel production.
Potential for an integrated steel complex
The Algerian authorities indicated that the project could turn into a fully integrated steel complex, covering several stages of iron and steel production.
The development is consistent with Algeria's strategy to attract industrial investment through incentives, land allocation and investor support mechanisms.
The export-oriented strategy is gaining momentum
Ezz Steel is increasingly targeting export markets: almost 70 percent of its products have already been shipped abroad, and export revenues have reached $1.6 billion over the past two years. The total production capacity of the company is approaching 6.5 million tons and is expected to exceed 7 million tons in the near future.
If implemented, the Algeria project could mark a turning point in the regional strategies of the steel industry, with manufacturers increasingly deploying production networks from several countries to match emerging trade flows and infrastructure development.
