In 2021, Algeria launched a new steel production unit as part of the Bellara Steel Complex that was built a few years ago, on its north-eastern Mediterranean coast by an Algerian-Qatari joint venture.
The unit is situated in the Jejel province’s Djen Djen Port, where the Bellara Steel Complex, which has a total yearly output of more than two million tonnes, was completed in 2017.
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Bellara Complex currently consists of 8 industrial units, according to Bellara’s assistant manager, Mr. Sifyan Chayeb. The unit went into operation before the end of 2021. It was envisioned that it would increase Algeria’s output and exports of steel.
In May of 2021, for the first time, Algeria was able to sell the surplus 200,000–300,000 metric tons of steel it had produced, for the first time, to Italy, China, and other countries, he continued, adding that the complex was operating at full output capacity.
In late 2013, Algeria and Qatar agreed to collaborate on constructing the Bellara steel complex.
The plant, which is jointly owned by the Algerian Qatari Steel Complex, was gradually put into operation between 2017 and 2019.
Reported on September 15, 2015
Algeria to start construction of Bellara Steel Complex this year
Construction of the US$2 billion Bellara steel complex construction will kick off in the first quarter of this year 2015 in Jijel East of Algeria, the prefect of Jijel, Ali Bedrici has said.
The steel project will help the country to produce 4 million tons of steel per year in the second phase of construction, but is designed to first assist in producing 2 million tons of steel rebars in its first phase before 2017 in order to meet the requirements of the local market of iron and steel.
The steel complex project is set to improve Jijel economically and socially, and will feature construction of a steel factory, three rolling mills and two for reinforcing bars.
To this effect, a joint venture between Algerian and Qatari has been formed.
The projects shareholding will be between Algeria’s Sider Co. & National Investment Fund – holding 51% and Qatar steel International having 49% stake, while Qatar steel and Qatar mining have 24.5$ and 24.5% respectively.
The Bellara Steel Complex project will offer 1000 direct and indirect job opportunities and reduce the country’s steel imports, which are currently estimated to about 3 million tons.