Sonasid is a Moroccan steel manufacturing company headquartered in Casablanca. It specializes in the production of steel products primarily used in construction, including rebar and wire rod. Sonasid operates industrial plants in Nador and Jorf Lasfar.
History
Sonasid was established in 1974 as a state-owned enterprise. It was privatized in 1997 when it was acquired by the royal holding company ONA Group (now part of Al Mada). In 2006, ArcelorMittal increased its stake in the company through a 50-50 joint venture with SNI (now Al Mada), forming the entity Nouvelles Sidérurgies Industrielles (NSI), which now holds a controlling share in Sonasid.[2]
Operations
The company runs two main production facilities:
Sonasid’s product portfolio includes long steel products mainly serving the domestic construction industry.