Jingdong Steel to invest $500M in steel plant in Algeria

Chinese group Jingdong Steel plans to invest $500 million to build a steel plant in M'sila province, Algeria. The facility will have an annual production capacity of 500,000 tons of steel sheets and pipes, and is expected to create 1,114 direct jobs and 2,000 indirect jobs.

“The plant will use 80% local raw materials and generate over 3,000 jobs.”ecofinagency.com

• 1 source
• ecofinagency.comChina’s Jingdong Steel to Invest $500M in Algerian Steel Plant - Ecofin AgencyEcofin AgencyJun 3, 2025

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