China's Baowu Steel in Talks to Potentially Revitalize Algeria's Steel Industry
Algerian authorities are currently in negotiations with Chinese industrial giant Baowu Steel to explore cooperation in upgrading the national steel industry, with a primary focus on the El Hadjar complex. The Chinese group is recognized for its advanced manufacturing capabilities and its shift toward "green steel" production, utilizing direct iron reduction technologies to minimize carbon emissions. The proposed partnership, involving the national firm Sider and backed by Sonatrach, aims to establish an integrated facility leveraging natural gas and renewable energy to produce low-carbon steel. As discussions remain in the consultative phase, the initiative focuses on technology transfer, digital innovation, and human capital development to modernize production and enhance environmental standards within the sector.
