ALGIERS, September 9, 2025 – The National Steel Company (Holding SNS) signed multiple agreements totaling $950 million on Tuesday at the Exhibition Palace (Pins Maritimes) in Algiers with various international and African companies. These agreements are aimed at developing industrial activities, increasing integration rates, and enhancing export capabilities to the African market.
The signing ceremony occurred during Holding SNS’s participation in the 4th edition of the Intra-African Trade Fair (IATF 2025). Attendees included Salem Ahmed Zaid, Secretary General of the Ministry of Industry; Adel Khemane, CEO of the company; Omar Rekkache, Director General of the Algerian Investment Promotion Agency (AAPI); Kamel Moula, President of the Algerian Economic Renewal Council (CREA); along with several officials from the ministry, the company, and its subsidiaries.
Eight agreements were signed with firms from Senegal, Egypt, and China. According to the provided details, these agreements aim to strengthen industrial cooperation, enhance national manufacturing capacities, improve quality and export potential, and create both direct and indirect jobs at local and regional levels.
The first agreement, between the National Company of Tubes and Transformation of Flat Product (Anabib), a subsidiary of SNS, and El Sewedy Electric Algeria Group, focuses on investments in the industrial and agricultural sectors. This includes agricultural initiatives in southern Algeria and the development of irrigation pivots and infrastructure through a joint venture named Anabib-Sun Galva.
The second agreement, signed with the Chinese company Habicare, pertains to the production of spare parts and steel molds.
The third agreement, made with Shanxi Installation Group, involves collaboration in galvanization processes.
The fourth agreement, between Anabib and Algeria FAW Trucks Industries, aims to supply the Chinese partner with spare truck parts produced by Anabib, which has recently invested in this area. This initiative is expected to boost national integration rates and reduce import costs.
Additionally, a fifth agreement was established with Senegalese company CFTS, specializing in irrigation and agricultural services, allowing them to represent the Algerian party in West Africa and thereby strengthening the company’s regional presence.
For the local market, a sixth agreement was reached between Anabib and EMSG Mansour, a leader in German vehicle spare parts, to collaborate in the automotive parts sector, particularly in bumpers, headlights, and electrical harnesses.
A seventh agreement was also concluded between the National Company for Carpentry and Boilwork (ENCC), another subsidiary of SNS, and Algeria FAW Trucks to produce truck chassis. This partnership is expected to increase national integration to 17% and contribute to reducing import expenditures.
Simultaneously, FONDAL, the Algerian company that produces and markets foundry products and is a subsidiary of SNS, signed a cooperation protocol with the Senegalese company CFTS. This agreement encompasses a commercial representation mandate for the Algerian side in the Senegalese and West African markets, along with a joint project to establish a local production unit that will support the company’s industrial and regional expansion.
In a press statement on this occasion, Adel Khemane, the CEO of Holding SNS, emphasized that these agreements are part of an initiative to promote intra-African trade. He highlighted the growing interest from foreign partners in the company’s factories and the quality of the national industry.
