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Tag: Ouenza
Algeria’s Steel Giant to Be De-Facto Nationalized
The Algerian government has been interested in buying additional 21% shares in the Annaba unit of the steel producing company, ArcelorMittal, for 200 million USD. ... Read More
Algeria: Government takes over steel production from ArcelorMittal
ArcelorMittal, the world’s largest steelmaker, has entered a partnership deal with the Sider, a state-owned company, to meet the local demand for steel as the ... Read More