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SONASID

Sonasid
Traded as SOND.CS
Industry Steel
Headquarters Casablanca, Morocco
Key people
Andre Bock
(Chairman of the Board)
Total assets Market Cap: MAD3,662.10 million (2013)
Owner SNI
ArcelorMittal
Website sonasid.ma

Sonasid (French: société nationale de sidérurgie) is a steel manufacturing company jointly owned by ArcelorMittal and the SNI, the holding company of king MohammedVI.

Founded as state-owned company, SONASID was privatised in 1997 when it was taken over by the king's holding ONA group. In 2006 ArcelorMittal increased their participation in the company. Sonasid operates factories in Nador and Jorf Lasfar

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