Market Forecast By Types (Flat Steel, Long Steel), By Product Type (Structural Steel, Prestressing Steel, Bright Steel, Welding Wire/Rod, Iron Steel Wire, Ropes, Braids), By Applications (Building & Construction, Electrical Appliances, Metal Products, Domestic Appliances, Mechanical Equipment, Automotive, Others) And Competitive Landscape
Product Code: ETC007993 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Morocco Steel Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 5.85% in 2025, growth builds up to 8.51% by 2029.
By 2027, the Steel market in Morocco is anticipated to reach a growth rate of 7.82%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.
Report Name | Morocco Steel Market |
Forecast Period | 2025-2029 |
CAGR | 8.51% |
Growing Sector | Building and Construction |
The Morocco Steel Market report thoroughly covers the market by types, by product type, and by applications. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers to help stakeholders align their strategies with current and future market dynamics.
Morocco Steel Market is expanding continuously due to growing construction activity, urbanization, and increasing steel consumption across automotive and infrastructure sectors. Its advantageous location positions Morocco as a critical trade and manufacturing gateway in North Africa. Government-led industrialization efforts and investments in large-scale developments like ports and transport systems are fuelling demand. Collaborations with global steel producers and enhancements in logistics networks are improving overall market functionality and making Moroccan steel production more competitive both regionally and globally.
The Morocco Steel Market is anticipated to grow at a CAGR of 8.51% during the forecast period 2025-2029. The Morocco Steel Market is driven by accelerating urbanization, robust infrastructure development, and increasing needs in the construction sector. Strategic government initiatives such as the Industrial Acceleration Plan and renewable energy programs are significantly contributing to Morocco Steel Market Growth by boosting steel consumption across diverse industries. The expansion of Morocco's automotive and shipbuilding sectors further elevates demand. Additionally, eco-friendly energy projects like solar and wind installations are creating new avenues for specialized steel, encouraging both local manufacturers and international suppliers to scale operations.
Morocco Steel Market continues to face several challenges despite its potential. The sector’s dependence on imported raw materials makes it vulnerable to international price fluctuations. Increasing energy costs and tightening environmental policies add pressure to production margins. Competition from lower-cost foreign steel, particularly from Asia and Europe, challenges local producers. Furthermore, underdeveloped recycling systems limit the reuse of scrap steel, while uneven demand from various sectors creates uncertainty in supply chain planning and investment strategies.
The trend-driven Morocco Steel Industry is implementing trends which prioritize sustainability and innovation - regarding designs that are suitable for modern needs, especially construction and industrial. There is also a increasing demand for environmentally friendly, high strength steel products. In addition, manufacturers are increasingly utilizing digital tools to optimize the efficiency of production and quality assurance processes in roller systems. The industry is also moving towards a circular economy model with the proliferation of recycling initiatives and waste reduction programs.
Morocco Steel Market presents strong investment potential, particularly in modernizing production units, developing recycling infrastructure, and expanding value-added steel offerings. The country ongoing urban development and infrastructure expansion create steady consumption, supporting downstream investments. There is potential in forming alliances with domestic producers and contributing to logistics frameworks like steel terminals and storage hubs. Moreover, Morocco government incentives for industrial development, including tax benefits in export-driven zones, enhance the sector’s investment climate for long-term growth.
Leading firms like Maghreb Steel, Sonasid, and Steel Wire Morocco drive the Morocco Steel Market through strong output capabilities and wide distribution. Foreign partnerships aid supply chains, while domestic producers upgrade technologies and automation. Regional cooperation and industry consolidation enhance their competitiveness in both local and export-driven segments.
According to Moroccans government data, regulation in the steel industry is centred on promoting industrial growth while respecting environmental constraints. Regulations consist of health and safety regulations, import tariffs, along with support and access for local steelmakers via an Industrial Acceleration Plan. Environmental standards are encouraging steelmakers to use cleaner ways of manufacturing steel. On another front, the government is working on logistics and infrastructure development, plus increasing the competitive advantage for steel producers through trade agreements that open new markets for steel exports.
The Morocco steel industry has a positive and promising future, with steady demand anticipated from key sectors such as construction, automotive, and renewable energy. Urban expansion and ongoing public infrastructure initiatives are expected to serve as major growth drivers. Furthermore, advancements in production technologies—particularly automation and green steel—will support innovation and efficiency. As Morocco strengthens trade ties across Africa and international markets, the country is well-positioned to increase its Morocco Steel Market Share in the regional steel industry.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Ritika Kalra, Senior Research Analyst at 6Wresearch, In the Morocco Steel Market, long steel dominates the types of segments. This is primarily due to its extensive use in the construction and infrastructure sectors, which are major contributors to Morocco’s economic development. Long steel products like rebar and wire rods are critical in large-scale housing, roads, bridges, and port projects driven by urbanization and government infrastructure programs.
Among product types, structural steel holds the largest market share in Morocco. The increasing number of public and private infrastructure developments, including industrial buildings, transport facilities, and commercial real estate, fuels demand for this product. Structural steel’s versatility, high strength-to-weight ratio, and adaptability to seismic standards make it essential for modern construction.
Building and construction is the leading application segment in the Morocco Steel Market. The country’s rapid urban expansion, driven by rising population and government-backed infrastructure projects such as housing schemes, roads, and port expansions, continues to create consistent demand for steel. Both private and public investments into real estate and industrial zones contribute significantly to this segment’s dominance.
The Market report covers a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Morocco Steel Market Overview |
3.1 Morocco Country Macro Economic Indicators |
3.2 Morocco Steel Market Revenues & Volume, 2019 & 2029F |
3.3 Morocco Steel Market - Industry Life Cycle |
3.4 Morocco Steel Market - Porter's Five Forces |
3.5 Morocco Steel Market Revenues & Volume Share, By Types, 2019 & 2029 |
3.6 Morocco Steel Market Revenues & Volume Share, By Product Type, 2019 & 2029F |
3.7 Morocco Steel Market Revenues & Volume Share, By Applications, 2019 & 2029F |
4 Morocco Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Morocco Steel Market Trends |
6 Morocco Steel Market, By Types |
6.1 Morocco Steel Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Morocco Steel Market Revenues & Volume, By Types, 2019 - 2029F |
6.1.3 Morocco Steel Market Revenues & Volume, By Flat Steel, 2019 - 2029F |
6.1.4 Morocco Steel Market Revenues & Volume, By Long Steel, 2019 - 2029F |
6.2 Morocco Steel Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Morocco Steel Market Revenues & Volume, By Structural Steel, 2019 - 2029F |
6.2.3 Morocco Steel Market Revenues & Volume, By Prestressing Steel, 2019 - 2029F |
6.2.4 Morocco Steel Market Revenues & Volume, By Bright Steel, 2019 - 2029F |
6.2.5 Morocco Steel Market Revenues & Volume, By Welding Wire/Rod, 2019 - 2029F |
6.2.6 Morocco Steel Market Revenues & Volume, By Iron Steel Wire, 2019 - 2029F |
6.2.7 Morocco Steel Market Revenues & Volume, By Ropes, 2019 - 2029F |
6.3 Morocco Steel Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Morocco Steel Market Revenues & Volume, By Building & Construction, 2019 - 2029F |
6.3.3 Morocco Steel Market Revenues & Volume, By Electrical Appliances, 2019 - 2029F |
6.3.4 Morocco Steel Market Revenues & Volume, By Metal Products, 2019 - 2029F |
6.3.5 Morocco Steel Market Revenues & Volume, By Domestic Appliances, 2019 - 2029F |
6.3.6 Morocco Steel Market Revenues & Volume, By Mechanical Equipment, 2019 - 2029F |
6.3.7 Morocco Steel Market Revenues & Volume, By Automotive, 2019 - 2029F |
7 Morocco Steel Market Import-Export Trade Statistics |
7.1 Morocco Steel Market Export to Major Countries |
7.2 Morocco Steel Market Imports from Major Countries |
8 Morocco Steel Market Key Performance Indicators |
9 Morocco Steel Market - Opportunity Assessment |
9.1 Morocco Steel Market Opportunity Assessment, By Types, 2019 & 2029F |
9.2 Morocco Steel Market Opportunity Assessment, By Product Type, 2019 & 2029F |
9.3 Morocco Steel Market Opportunity Assessment, By Applications, 2019 & 2029F |
10 Morocco Steel Market - Competitive Landscape |
10.1 Morocco Steel Market Revenue Share, By Companies, 2024 |
10.2 Morocco Steel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |