Morocco’s leading flat steel producer, Maghreb Steel, posted a 15pct YoY increase in revenue for the first nine months of 2025, supported by stronger sales in the domestic market. Revenue rose to MAD 4.42 bln (USD 480 mln), up from MAD 3.85 bln a year earlier.
The company’s Q3 revenue grew 14pct YoY to MAD 1.48 bln (USD 160 mln).
Sales volumes also improved markedly, climbing 15pct to 445,000 tons between January and September. In the third quarter, volumes increased 12pct YoY to 146,000 tons.
Maghreb Steel, the country’s sole flat steel producer with an annual capacity of 1 mln tons, produces hot rolled, cold rolled, galvanized and prepainted coils and sheets.
1 USD / 9.17 MAD
