This increase is attributable, mainly, to the increase in the selling prices of finished products, explains Maghreb Steel in a financial communication, noting that the activity of the company, during the 1st quarter of 2022, was maintained at a bullish level compared to 2021, marked by a favorable trend in steel prices.
As regards the volume of sales in Q1-2022, it stood at 118 kT, down 5% following that of sales on the local market.
Investments made by Maghreb Steel in the 1st quarter of this year reached 11 million dirhams (MDH), and mainly concern the maintenance of production facilities.