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Algerian Qatari Steel ships 99,000 tonnes abroad as non-oil exports gather pace

9 November 2026 · Algeria Now

Algerian Qatari Steel ships 99,000 tonnes abroad as non-oil exports gather pace — Photo : idom.com (adresse collée)

ALGIERS — Algerian Qatari Steel (AQS) has shipped a new cargo of nearly 99,500 tonnes of steel products worth more than 39 million dollars to Saudi Arabia and Lithuania, bringing its exports since January to over 545,000 tonnes worth more than 274 million dollars, the company said in a statement on Monday.

According to AQS, the Saudi consignment consists of direct reduced iron, an iron-rich feedstock used in steelmaking, while Lithuania received rebar and wire rod, the reinforcing products used in construction. The company, a joint venture between Algerian and Qatari partners, operates from the Bellara industrial zone in El Milia, in the province of Jijel.

The announcement came days after National Export Day on 7 November, organized by the Ministry of External Trade and Export Promotion. It is one data point in the government's drive to widen the economy beyond oil and gas, which still account for the large majority of Algeria's foreign earnings.

External Trade Minister Kamel Rezig told the Council of the Nation on 5 November that Algeria's non-hydrocarbon exports reached 5.16 billion dollars in 2025, up by 972 million dollars on the previous year, and are projected at about 5 billion dollars in 2026.

For Algeria, steel exports earn hard currency at a time when the draft 2027 budget assumes a reference oil price of 60 dollars a barrel. The destinations also show a spread of markets, from the Gulf to Europe, which matters for a sector exposed to swings in regional demand.

The figures come from the company itself and have not been independently verified. Still, they suggest that large industrial projects launched over the past decade are beginning to deliver the export base that successive governments have promised.

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