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Algerian-Egyptian Talks to Launch Direct Reduced Iron Production Project and Develop Steel Industry

April 14, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Algerian-Egyptian Talks to Launch Direct Reduced Iron Production Project and Develop Steel Industry

The Algerian Investment Promotion Agency discussed investment opportunities in the iron and steel sector with a delegation from the Egyptian 'Ezz Steel' group, proposing a project to establish a direct reduced iron (DRI) production unit in Algeria, as part of a strategy to expand activities towards creating an integrated industrial complex covering various stages of iron and steel production. These discussions took place during the agency's reception yesterday, Monday, of an Egyptian delegation that included several officials from the group, led by the managing director of Ezz Steel, Raed El-Beblawy, along with specialists in technical, legal, and developmental aspects.

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