Tosyali Algeria, located in Batioua in the state of Oran, has announced the export of 30 thousand tons of steel plates to Italy, according to Ezzi Ramzi, the company’s Director of Foreign Trade. The shipping operation began last week from the port of Arzew, heading to Italy.
The total value of this exported quantity is estimated at about 16 million dollars. By the end of the first quarter of this year, the value of exports of flats and plates is expected to reach 200 million dollars.
This is the third export operation since the beginning of this year, with previous exports to Spain and Turkey at a rate of 27 thousand tons for each operation. Additional similar operations are planned in the coming weeks towards European Union countries.
The company aims to enter the European market through this product, targeting an export value of around 2 billion dollars within the year. This export process follows the flat plant of the Tosyali Algeria iron and steel complex entering service in late October, with a production capacity of 2.5 million tons per year.
Recently, Tosyali Algeria concluded contracts to export steel plates to Tunisia, South Africa, and Italy. The export areas are expanding to include other European Union countries, the United States of America, and Latin America.
