Moroccan company Sonasid achieved total revenues exceeding 3.05 billion dirhams during the first half of 2026, while its turnover increased by 2% to 3.049 billion dirhams.
The company recorded a stronger performance in the second quarter, with its turnover rising by 12% to over 1.62 billion dirhams.
Sonasid's investments in the first half reached 149 million dirhams, a 48% increase compared to the same period in 2025, as part of an investment plan of 514 million dirhams for 2026.
The company is allocating 333 million dirhams to strategic projects to enhance its industrial capabilities and competitiveness, including the acquisition of a new furnace in the Nador region.
Sonasid is one of the leading steel producers in Morocco, manufacturing and marketing long steel products, particularly reinforcing bars and wire rods, through its industrial facilities in Nador and Jorf Lasfar.
