# 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.

- Type: New facility
- Announced: 2025-06-02
- Where: Draa Lhaja industrial zone, M'sila province, Algeria
- Value: $500.0M
- Jobs: 3,114
- Status: announced
- Capacity: 500,000 tons per year
- Products: steel sheets, steel pipes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Jingdong Steel](https://endata.com/companies/85121.md)

## Sources

- [ecofinagency.com](https://www.ecofinagency.com/news-industry/0306-47123-china-s-jingdong-steel-to-invest-500m-in-algerian-steel-plant), 2025-06-03: "The plant will use 80% local raw materials and generate over 3,000 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.