# Emarat Dzayer Group and Groupe Imetal to build $1.6B steel plant in Algeria

Dubai-based Emarat Dzayer Group signed an MOU with Algerian state-owned Groupe Imetal to develop a $1.6 billion steel plant in Annaba Province, Algeria. The joint venture, Emarat Dzayer Steel Company, will produce 1.5 million mt of DRI and 1 million mt of rails, sections, and pipes annually.

- Type: New facility
- Announced: 2016-11-22
- Where: Annaba Province, Algeria
- Value: $1.60B
- Status: announced
- Capacity: 1.5 million mt of DRI per year, 1 million mt of rails, medium to heavy sections and seamless pipes
- Products: direct reduced iron, rails, medium to heavy sections, seamless pipes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Emarat Dzayer Group](https://endata.com/companies/19758.md)
- [Emarat Dzayer Group](https://endata.com/companies/19758.md) (partner)
- [Groupe Imetal](https://endata.com/companies/19759.md) (partner)

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/dubai-based-emarat-dzayer-group-to-build-steel-plant-in-algeria-960069.htm), 2016-11-24: "Dubai-based Emarat Dzayer Group has announced that it has signed a memorandum of understanding (MOU) with the Algerian state-owned Groupe Imetal to develop a $1.6 billion steel plant in Algeria’s Annaba Province."
- [industrysourcing.com](https://www.industrysourcing.com/article/dubai-based-emarat-set-steel-plant-algeria?email=%5BEMAIL%5D), 2017-01-23: "The agreement will create Emarat Dzayer Steel Company, a joint venture in which Groupe Imetal will hold 51 per cent stake... and the rest 49 per cent will be held by Emarat Dzayer Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.