Morocco has been identified among countries where installed steel production capacity exceeds domestic demand, according to the latest monitoring bulletin from the Global Forum on Steel Excess Capacity. The classification comes as the worldwide gap between production capacity and actual consumption reached 179.6 million tons in the third quarter of 2025 — a 1.4 percent increase year-on-year driven not by new factory construction but by weakening global demand. Steel exports rose to represent 27.8 percent of total global production during the period, as producers increasingly turned to foreign markets to compensate for sluggish domestic consumption. Imports from overcapacity economies accounted for 20.5 percent of regional steel demand in the third quarter of 2025, intensifying challenges for local manufacturers. However, the forum notes that volumes covered by such measures remain modest relative to total global trade.

Source: The North Africa Journal February 24, 2026 13:34 UTC