# Sinosteel MECC signs $1.096B EPC contract for TOSYALI steel plant in Algeria

Sinosteel MECC signed a $1.096 billion EPC contract with TOSYALI Group to build a Phase IV integrated steel plant in Algeria, including a direct reduction iron workshop, electric furnace steelmaking plant and hot rolling line.

- Type: Contract
- Announced: 2021-12-01
- Where: Algeria, Algeria
- Value: $1.10B
- Status: announced
- Capacity: 2.5 million tons/year direct reduced iron, 2.3 million tons/year steel, 1800mm hot rolling line
- Products: direct reduced iron, steel, hot rolled coils
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Sinosteel Mecc](https://endata.com/companies/18731.md)
- [Tosyali Holding](https://endata.com/companies/24201.md) (customer)

## Sources

- [en.sinosteel.com](https://en.sinosteel.com/News/GroupNews/art/2022/art_fa9475faa87d4447abf6762140780149.html), 2021-12-01: "Sinosteel MECC officially signed an EPC contract with TOSYALI Group for the Phase IV Integrated Steel Plant Project in Algeria on December 1, 2021, with a contract value of USD 1.096 billion."

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