Sider El Hadjar Complex in Annaba: DZD26 bn budget to restart industrial activities

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The public steel complex Sider El Hadjar of Annaba has been allotted a supplementary budget of DZD 26 billion to restart and modernize the industrial activities, Manager Chamseddine Maâtallah said Wednesday.

Approved by the State Investment Board, this funding will be used to strengthen and rehabilitate the complex’s production units to meet the national needs.

The planned investments will focus on the rehabilitation and revitalization of the coking plant and the modernization of the No. 2 oxygen plant in order to promote the production of coke and semi-industrial ferrous products.

These operations will increase the capacity of production of semi-industrial ferrous products from 250,000 tons / year to 600,000 tons / year as well as double the annual production of the concrete bar from 200,000 to 400,000 tons, added the same official.

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