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August 16, 2025 | 3 weeks ago
National Steel Company: Agreements with Lion Group to be signed shortly (Corrigendum)
A high-level delegation from the National Steel Company (SNS), led by its CEO Adel Khemane, has just completed a mission to Malaysia, which is expected to result in the signing of strategic agreements with the Lion Group.
Please note the following clarification at the beginning of the third paragraph: "The Algerian delegation was led by Khelladi Houari Miloud, CEO of the Sider Industrial Group, and Belili Messaoud, CEO of Alsolb (formerly Sider El Hadjar), and included several executives from the national steel holding company. “ instead of ”The Algerian delegation led by Adel Khemane, CEO of SNS, also included Khaladi Houari Miloud, CEO of the Sider Industrial Group, Belili Messaoud, CEO of Alsolb (formerly Sider El Hadjar), as well as several executives from the national steel holding company. ", as Mr. Khemane did not travel to Malaysia. We apologize to our readers for the confusion.
Eight months after initial contacts between SNS and Malaysian conglomerate Lion Group, negotiations are entering their operational phase with the imminent signing of partnership agreements in several strategic industrial sectors, ranging from traditional steelmaking to medical gloves and industrial electronics.
The Algerian delegation was led by Khelladi Houari Miloud, CEO of the Sider Industrial Group, and Belili Messaoud, CEO of Alsolb (formerly Sider El Hadjar), including several executives from the national steel holding company. This mission is part of the SNS's efforts to diversify its international partnerships and modernize the national production system. Technical discussions focused on exploring various production units of the Lion Group, recognized as one of Asia's leaders in steel production and advanced processing industries. Discussions covered, in particular, the cutting-edge technologies used in the manufacture of industrial control electronic cards, innovative steelmaking processes, and medical glove production units, a sector experiencing strong growth on international markets, according to an SNS press release.
The Algerian ambassador to Malaysia, Abdel-Hafidh Bounour, highlighted the excellent bilateral relations between the two countries and the strategic importance of this initiative during an official meeting with the delegation. He particularly emphasized the Lion Group's leading position in the Malaysian industrial sector and its role as a major investor in various economic areas. The ambassador expressed his optimism that this visit would contribute to strengthening bilateral cooperation, particularly through the Lion Group's significant investments in Algeria.
Malaysian group officials reaffirmed their interest in the Algerian market during a visit to Algiers last April, mentioning staggered investments in several strategic sectors. The first phase would focus on priority areas, followed by a second phase encompassing steel, aluminium, energy, mechanical, and electronic, mining, agriculture, and agri-food industries. This phased approach would optimize technology transfer and ensure the smooth integration of investments into the national economic fabric.
The SNS delegation's visit to Malaysia concluded with a high-level meeting at the Lion Group headquarters, during which the two parties established a detailed roadmap for the implementation of investment projects. Discussions focused on the modalities for implementing this promising cooperation, with particular emphasis on integrating local raw materials, job preservation, and developing value-added products for African and international markets. In this context, it should be noted that a delegation from the Malaysian group visited the El Hadjar complex last December, during which it had already assessed local opportunities in the steel and metallurgy sectors. Discussions focused on several potential areas of investment, including manufacturing and steel, with a particular emphasis on value-added production projects that could meet the needs of both the local and international markets. The iron and steel processing industry was identified as a priority area, in which the El Hadjar complex already has considerable expertise and existing infrastructure.
This initiative is part of the SNS's overall strategy to transform the challenges facing the steel sector into opportunities for growth. The proposed partnership is aligned with national objectives for industrial modernization, economic diversification, and strengthening technological sovereignty, while aligning with international environmental standards and energy transition requirements.
August 17, 2025 | 
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