Withdrawal of the Royal Moroccan holding company Al Mada from Sonasid on the cards
Despite implementing several protectionist measures, the only Moroccan steel company specialising in producing long products is struggling to make a profit.
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▪ Withdrawal of the Royal Moroccan holding company Al Mada from Sonasid on the cards
▪ Despite implementing several protectionist measures, the only Moroccan steel company specialising in producing long products is struggling to make a profit.
▪ https://www.africabusinessplus.com/en/809193/withdrawal-of-the-royal-moroccan-holding-company-al-mada-from-sonasid-on-the-cards/
The global health crisis that has affected the construction sector has dealt a blow to the local and export ambitions of the National Steel Company (Sonasid), which has been in the red since at least 2019.
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