13,965.65 TRY BIST 100 BIST 100
6.82 CNY CNY CNY
53.42 EUR EUR EUR
45.97 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
43.45 TRY Interest Interest
96.86 USD Fossil Oil Fossil Oil
6.44 USD Copper Copper
108.18 USD Silver Silver
103.64 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,611.19 TRY Gold (gr) Gold (gr)
103.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Algeria and Qatar strengthen cooperation through the Bellara Steel project

Algerian Minister of Industry Sifi Ghrib received a Qatari delegation led by Khalid Al-Obaidli, Chairman of Qatar Steel International, to review the joint steel project in Bellara.

Algeria and Qatar strengthen cooperation through the Bellara Steel project

Algerian Minister of Industry Sifi Ghrib received a Qatari delegation led by Khalid Al-Obaidli, Chairman of Qatar Steel International, to review the joint steel project in Bellara. The meeting highlighted the success of the industrial partnership and explored new investment opportunities, particularly in the mining sector. Both sides reaffirmed their commitment to boosting industrial production and creating quality employment through continued cooperation.

Following discussions between Algerian President Abdelmadjid Tebboune and Emir of Qatar Sheikh Tamim bin Hamad Al Thani, Algerian Minister of Industry Sifi Ghrib welcomed a high-level Qatari delegation representing the Algerian Qatari Steel Company.

The delegation was headed by Khalid Al-Obaidli, Chairman of Qatar Steel International and main shareholder of the Bellara Steel Project. During the meeting, the current state of industrial cooperation between the two countries was reviewed, and future steps were discussed.

The success of the Bellara project, located in the Jijel region, was once again emphasized as a model of joint Arab cooperation in the heavy industry sector.

New investment prospects, particularly in the mining sector, were also discussed. These investments are expected to enhance industrial output, diversify the economy, and generate employment. The Algerian Qatari Steel Company reaffirmed its continued support for Algeria’s industrial development and its goal of becoming a regional industrial hub.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

thyssenkrupp Steel resumes production at No. 4 hot strip mill in Duisburg

Thursday, June 4, 2026

UK to cut steel import quotas by 60% to protect domestic steel industry

Thursday, June 4, 2026

UK to maintain net zero target, plans to cut emissions by 87%

Thursday, June 4, 2026

Chinese Henan Jiyuan signs agreement with Danieli for new EAF investment

Thursday, June 4, 2026

Türkiye ranked among the world’s leading countries in per capita steel consumption

Thursday, June 4, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now