9,685.49 TRY BIST 100 BIST 100
4.80 CNY CNY CNY
33.88 USD USD USD
37.56 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.17 TRY Interest Interest
71.63 USD Fossil Oil Fossil Oil
31.06 USD Silver Silver
4.22 USD Copper Copper
92.59 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,825.56 TRY Gold (gr) Gold (gr)

Tosyalı Algierie set to commission second DRI, achieving record production capacity

In a significant development for the steel industry, Tosyalı Algierie is on the verge of commissioning its second Direct Reduced Iron (DRI) unit.

Tosyalı Algierie set to commission second DRI, achieving record production capacity

In a significant development for the steel industry, Tosyalı Algierie is on the verge of commissioning its second Direct Reduced Iron (DRI) unit. This milestone will elevate Tosyalı Algierie to the forefront of DRI production in the Mediterranean basin, encompassing both Europe and North Africa.

Tosyalı Algeria's second direct reduced iron (DRI) plant will soon be commissioned. With the commissioning of the new plant, Tosyalı Algeria will have the largest twin DRI production capacity in the Mediterranean basin with its second DRI plant with a total annual capacity of over 5 million tons. This capacity will make Tosyalı Algeria the leading producer in a wide geography covering Europe and North Africa.

This expansion not only underlines Tosyalı Algeria's commitment to developing its technological infrastructure, but also its strategic stake in meeting the growing demand for steel in the Mediterranean region. The commissioning of the second DRI unit is expected to improve the company's operational efficiency and reinforce its fundamental position in the global steel market.”

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
SteelRadar Insight - Sayı 1 (Haziran 2024)

Most read news

“We should cancel all taxes in 2025” - Tarnavsky's forecasts for the CIS region and the steel industry

Monday, September 16, 2024

Political and economic instability weakens Bangladesh's scrap demand

Monday, September 16, 2024

Taiwanese company Feng Hsin decreases prices for this week

Monday, September 16, 2024

At Global Steel Summit, Amir Keshmiri spoke about investment opportunities in Iran

Monday, September 16, 2024

Borusan Boru strengthens its presence in the European market with new plant in Romania

Monday, September 16, 2024
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