The state will support Maghreb Steel, the main national player in the steel industry, in the development of four innovative projects. The company will benefit from financial support as part of the industrial innovation support program funded by the Innovation Support Fund (FSI), according to the Moroccan website Ludisk.

The objective of the contract signed with the state in this context is to support the company in the development of innovative products and 100% made in Morocco. The company’s first project to be funded as part of this program is called “Weathering” and concerns the development of high-thickness self-weathering micro-alloy steels.

The second project, Magzam, concerns the development of a corrosion-resistant coating for steel and the design of a galvanizing simulator. The other two projects, Amour Steel and DP Steel, will enable the development of weldable and bendable ballistic steel obtained by controlled rolling and dual-phase steel for the automotive industry.

The projects submitted by the Moroccan Steel Company following the call for projects launched by the Ministry of Industry are among 44 projects selected and constitute the second batch of projects that will benefit from the Industrial Innovation Support Program. In total, the state will grant an innovation grant worth 114 million dirhams through the FSI.