In a meeting with representatives of the Algerian-Turkish “Tosyali” iron and steel factory located in the activities area in Tioua (Oran), the Minister of Trade, Kamal Razik, touched on “the obstacles that stand in the way of the good progress of the production and export process.”
During the meeting, which was held at the headquarters of the Ministry of Commerce, and attended by the Minister Delegate in charge of Foreign Trade, Issa Bakay, Mr. Razik confirmed that he “is counting on the complex (Tosyali) to increase the volume of Algerian iron and steel exports to African countries, which is expected to reach 200 million dollars in 2020.”
On this occasion, the Minister called for holding periodic meetings with representatives of the factory “to address the shortcomings, put the factory on the right track and increase the volume of exports.”
He also added in the same context that increasing the volume of exports is one of the government's priorities to advance the national economy, stressing that the doors of dialogue remain open around the clock.
For their part, representatives of the Algerian-Turkish factory “Tosyali” expressed their satisfaction with the level of dialogue with the Ministry of Commerce, stressing that “this meeting was an opportunity to address all the imbalances witnessed by the iron and steel complex, especially those related to the export process.”
It should be noted that the Tosyali complex is one of the most prominent models of the Algerian-Turkish industrial partnership, which was inaugurated in 2013.
Six years after it entered production, the “Tosyali” ship was able to export more than 131 thousand tons of construction steel during the past year to several countries, including the United States of America, Canada, and Belgium, from the ports of Oran and Mostaganem.
The total value of Tosyali exports - which are the most important leaps achieved by national products outside the field of fuels abroad - amounted to about $100 million in 2019.
In late 2018, the complex located in Batioua (40 km east of Oran) launched its third investment phase, becoming “the largest in Africa,” as it produces approximately 4 million tons annually of concrete steel and wire.