Algerian steel exports hit over $274 million mark in 2026

The Algerian Qatari Steel (AQS) complex in Jijel has reported export earnings exceeding $274 million for the period between January and November 2026, totaling 545,000 tonnes of steel products. A recent shipment of nearly 100,000 tonnes was dispatched to Saudi Arabia and Lithuania, featuring reinforced bars and wire rods. This export performance is part of a broader national initiative to diversify income beyond hydrocarbons, with contributions from other major producers like Tosyali Algérie and Sider El Hadjar. Algeria is currently focusing on vertical industrial integration, primarily by leveraging the Gara Djebilet iron ore mine in Tindouf to ensure a steady supply of raw materials, enhance local value-added production, and improve the competitiveness of Algerian exports.