Sonasid Unveils 2030 Roadmap, Targets One-Billion-Dirham EBITDA Through Recycling and Auto Diversification

Morocco’s largest steelmaker Sonasid revealed an ambitious 2026-2030 strategic plan that aims to nearly double EBITDA to one billion dirhams by 2030, driven by copper and aluminum recycling, automotive wire products, and higher-value construction steels. The company will invest 1.5 billion dirhams over five years, with 40% of future profits expected from new non-steel businesses, reducing exposure to volatile construction cycles.

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