Algeria ships steel to Germany, Saudi Arabia and Lithuania
This story has a map. Tap to see it
One cargo is bound for Hamburg, and the steel firm has sent more than 545,000 tonnes abroad this year.
Algeria is sending steel products to Germany, Saudi Arabia and Lithuania, with a port in Jijel loading 18,975 tonnes in under 24 hours.
DNAlgerie reported that the Djen Djen port company loaded 18,975 tonnes of cooled direct-reduced iron (C-DRI) on 5 November. The port company presents the rate as a sign of its ability to handle large export cargoes.
The loading was part of a 50,000-tonne shipment that began on 2 November. The cargo is carried by the ship BULK PRUDENCE for MED INTERNATIONAL HOLDING SPA.
The cargo is due to reach Hansaport in Hamburg, Germany, a destination that confirms part of Algeria's steel exports go to European markets. Djen Djen port handles large industrial cargoes for exporters.
Maghreb Emergent reported that Algerian Qatari Steel (AQS) launched a new export operation of 99,470 tonnes of steel products, announced on 7 November during National Export Day.
The operation is worth more than $39m, and two new markets are involved: Saudi Arabia and Lithuania.
Saudi Arabia receives reduced iron pellets, a raw material used in the process of making steel. Lithuania receives rebar, the steel bars used in concrete, and wire rod, both used in construction and the metal industry.
Since January, AQS has exported more than 545,000 tonnes of steel products, generating more than $274m in revenue. The total also shows that the group can supply several international markets regularly.
The complex at Bellara is in El Milia commune, in Jijel wilaya, where it has facilities for several steel products.
Exports outside oil and gas are among the economic targets that Algeria's authorities have announced.
Show sources (2)
Start the conversation
Add what you know, ask a question or share your view.
Signing in takes one code sent to your email. No password.