# Tosyalı Algerie to commission $1.5B flat steel complex in Oran from 2024

Tosyalı Algerie, a subsidiary of Tosyalı Holding, plans to start production at its flat steel complex in Oran from Q1 2024. The $1.5 billion investment will have an annual capacity of 2 million mt and create 2,500 new jobs.

- Type: Expansion
- Announced: 2023-01-03
- Where: Oran, Algeria
- Value: $1.50B
- Jobs: 2,500
- Starts operating: Q1 2024
- Status: announced
- Capacity: 2 million mt per year
- Products: flat steel, hot rolled coil, cold rolled coil, galvanized steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Tosyalı Algerie](https://endata.com/companies/62819.md)
- [Tosyalı Holding](https://endata.com/companies/29388.md) (partner)

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/tosyali-algerie-to-commission-flat-steel-complex-in-oran-from-2024-1273694.htm), 2023-01-03: "The flat steel complex, which has an investment of $1.5 billion dollars, will have an annual production capacity of two million mt and will create 2,500 new jobs."

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