Tosyali invests $2.5 billion to make Oran a global steel giant
via Algérie3602 min read
Tosyali Holding, a Turkish industrial giant, is investing $2.5 billion to expand its Bethioua complex in Algeria, aiming to transform it into a major global steel hub. This investment seeks to increase production capacity and supply essential components to Algeria's automotive and energy industries. Tosyali, which has risen from 84th to 46th globally in four years, intends for this expansion to help it enter the "Top 20" steel producers worldwide. The group's president, Fuat Tosyali, outlined plans to increase annual production from 6.5 million to 10 million tons within 30 months, with daily output doubling to 100,000 tons. This growth will be supported by iron ore from Gara Djebilet, with initial deliveries already supplying the Oran site and a processing unit in Béchar with an initial capacity of 2 million tons per year planned. Tosyali Algeria is also shifting towards high-value-added products, with a new galvanized steel unit set to meet local automotive industry needs. By the third quarter of 2026, 700,000 tons of flat steel from a total capacity of 1.6 million tons will be dedicated to car manufacturers in Algeria, aiming to boost the national integration rate for "Made in Algeria" vehicles. The household appliance and energy sectors, including gas and oil pipelines, are also priority markets. Additionally, Tosyali is collaborating with Sonatrach on a green hydrogen production project to progressively decarbonize steel production, ensuring the competitiveness of Algeria
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