Algerian Qatari Steel (AQS), located in the industrial zone of Bellara, El Milia, Jijel, has exported 545,000 tonnes of steel products since the beginning of 2026. The exports, valued at over $274 million, reflect the company's growing production and export capabilities. AQS has established itself as a major player in Algeria's steel industry, contributing to the country's economic diversification and non-hydrocarbon export revenue growth.
According to a statement released by AQS on November 8, the company has made significant strides in the international market. In the current week, AQS exported 99,470 tonnes of various steel products worth over $39 million to Saudi Arabia and Lithuania. These exports demonstrate AQS's ability to compete globally and meet international market demands.
The company's achievements are a testament to its commitment to developing its export activities and expanding into new international markets. AQS aims to enhance the competitiveness of Algerian products and solidify their presence in the global market. By doing so, the company is playing a vital role in Algeria's economic growth and development.
AQS's success is also attributed to its strategic location and state-of-the-art facilities. The company's production capacity has enabled it to meet the growing demand for steel products worldwide. With a strong focus on quality and customer satisfaction, AQS has established itself as a reliable partner for international clients.
The Algerian Qatari Steel company's growth has significant implications for the country's economy. By increasing its exports and contributing to the country's non-hydrocarbon revenue, AQS is helping to reduce Algeria's dependence on oil exports. This diversification is crucial for the country's long-term economic sustainability and growth.
AQS's commitment to export development and international market expansion is expected to continue driving the company's growth. As the company explores new markets and opportunities, it is likely to create new jobs and stimulate economic activity in the region. This, in turn, will have a positive impact on the local and national economy.
The company's achievements have also sparked interest in the industry, with many stakeholders looking to AQS as a model for success. As the company continues to grow and expand its operations, it is likely to attract further investment and attention from international partners and clients.
Key points
- AQS exported 545,000 tonnes of steel products worth $274 million in 2026.
- The company exported 99,470 tonnes of steel products to Saudi Arabia and Lithuania in the current week.
- AQS aims to enhance the competitiveness of Algerian products and solidify their presence in the global market.
