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Tosyali starts rebar exports from Algeria

Steel News - Published on Fri, 11 Jan 2019

Image Source: Construction Review Online
S&P Global Platts reported that Turkey's Tosyali Holdings, which recently launched the world's largest (2.5 million tonne) DRI plant at its Algerian steel works, started rebar exports from Algeria as of December. Mete Sahin, export manager of Tosyali Algerie, told “We have sold 10,000 tonnes of rebar to the US last month.”

He added that they are targeting both Algerian, African and other export markets.

Tosyali started rebar production in Algeria in the second half of 2013 with a capacity of 1.2 million tonne. The company's rebar production capacity currently reaches 3.2 million tonne and it is also producing wire rod with a capacity of 600,000 tonne. Tosyali Algerie will reach 8 million tonne of production capacity in Algeria, when all of the four phases of the investment plan are completed.

Source :

Posted By : Rabi Wangkhem on Fri, 11 Jan 2019
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