[SMM Iron & Steel] Ezz Steel Eyes Direct Reduced Iron (DRI) Project in Algeria

Published: Apr 16, 2026 09:11

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Egypt's Ezz Steel is currently negotiating with Algerian investment agencies as of April 14, 2026, to establish a new Direct Reduced Iron (DRI) facility. The project aims to leverage Algeria's natural gas resources and proximity to high-grade iron ore supplies to produce low-carbon feedstock for the Mediterranean steel market. This move reflects a broader trend among Middle Eastern and North African (MENA) producers to secure upstream metallics as the European market shifts toward EAF-based steelmaking.

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