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Turkish billionaire Fuat Tosyali pushes Algeria steel complex to 8 million tons with new cold rolling mill

Tosyalı Algérie will launch a 1.4-million-ton cold rolling steel mill in Béthioua between August and September 2026, targeting high-value flat steel products.

Turkish billionaire Fuat Tosyali pushes Algeria steel complex to 8 million tons with new cold rolling mill
Fuat Tosyali

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The founder and chairman of Tosyali Holding is pushing his Algerian subsidiary toward a new production threshold, with Tosyali Algérie set to launch a cold-rolled steel sheet plant at its Béthioua complex in Oran Province between August and September 2026. The facility will carry an annual capacity of 1.4 million tons, producing galvanized and coated sheets for the automotive, appliance and shipbuilding industries.

It is not a standalone bet. The new cold rolling mill plugs directly into the 2.5-million-ton hot-rolling complex that came online in October 2024, completing what the company describes as a full flat steel industrial chain on a single site. That kind of vertical integration, from raw material to finished high-value sheet, is exactly the model Tosyalı has built his reputation on across three continents.

When the cold rolling plant starts production, total steel output at the Béthioua site will climb from 6 million to 8 million tons per year. The number of major production units across the complex will expand from 17 to 22, and the workforce is expected to grow to 2,700 employees.

The pivot to flat steel products is deliberate. Algeria has long relied on imports to meet domestic demand for the coated and galvanized sheets that go into vehicles, household appliances and industrial equipment. Tosyalı Algérie's move into this segment pulls that supply onshore and positions the complex to capture higher margins than the construction steel, rebar and wire rod that anchored the site's early years.

Tosyali Holding initiated operations in Béthioua in 2013, starting with rebar production to feed Algeria's construction boom. What followed was a phased build-out that made the site Turkey's largest industrial investment abroad and one of the most significant privately owned steel complexes on the African continent. The company is already Algeria's biggest private sector employer outside the hydrocarbons sector.

Fuat Tosyalı has publicly set his sights on a top-20 global ranking for the group. The Béthioua expansion is central to that ambition. Tosyali produced 9.12 million tons of liquid steel in 2024, climbing 21 places in the World Steel Association rankings to 46th globally, a 54.3 percent increase that made it one of the three fastest-growing steel producers in the world that year.

The cold rolling launch, if it holds to its August-September window, would mark another step in a build-out that has transformed a once-modest site in western Algeria into a regional industrial anchor.

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