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Algerian Qatari Steel

1070 employees

The Algerian Qatari steel company has been created in December 2013. It is the outcome of a joint investment between Algeria and the Qatari counterpart. It has a social capital of 60.592.400.000 Algerian dinars. Qatar steel international (QSI), owned 49% of shares. Whereas, 46% is owned by sider industrial group and 05% by National investment funding FNI. AQS exercises its activities within Bellara Industrial zone, it is based in EL-Milia Town (wilaya of JIJEL), which is situated 400 km far away from Algeries (the capital of Algeria ). Aqs steel complex is implemented along a surface of 216 hectares. Regarding its production volume and its operations reliability as well as its cutting edge technology, Algerian Qatari steel occupied an important position within the steel industry whether locally or globally. AQS also pays great attention to human resources as an engine of economic growth and social progress, in particular through the creation of a work environment that encourages creativity and innovation for the benefit of its 2,800 employees in various disciplines and qualifications.

Basic info

Industry

Mining

Sectors

Mining

Date founded

2013

Funding rounds raised

A

Algerian Qatari Steel raised undisclosed on February 1, 2016

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