Aluminium du Maroc, a leading Moroccan industrial group, has announced the sale of its steel subsidiary as part of a strategic refocusing on its core aluminum business. The decision, confirmed on May 15, 2026, involves divesting the steel operations to an undisclosed buyer.
The company stated that the move aligns with its long-term strategy to streamline operations and invest more heavily in aluminum production and innovation. Financial details of the transaction were not disclosed.
This shift comes as Aluminium du Maroc aims to strengthen its position in the aluminum market, particularly in response to growing demand for lightweight materials in automotive and construction sectors. The steel unit had been a smaller part of the group's portfolio.