Egyptian Ferro All Egp10

    Egyptian Ferro All Egp10

    EEGX:EFAC
    10.00
    EGP
    0.00
    (0.00%)
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    Company Description

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    Egyptian Ferroalloys Company SAE (EFACO) is an Egypt-based industrial manufacturing enterprise primarily engaged in the production, processing, and distribution of ferroalloys and metallurgical byproducts. Founded in 1976 and headquartered in Cairo with principal smelting and production facilities situated in Edfu, Aswan Governorate, the company operates as a state-affiliated entity under the Metallurgical Industries Holding Company. EFACO manufactures and supplies a comprehensive portfolio of products, including ferrosilicon in multiple specifications and grain sizes, encompassing 75%, 65%, and 45% grades utilized as deoxidizers and alloying agents in steelmaking; ferrosilicon-magnesium alloys engineered for ductile and nodular cast iron production; and condensed silica fume (microsilica) collected as a high-grade byproduct for application in high-strength concrete, refractories, and construction chemicals. Additionally, the company conducts domestic and cross-border commercial trading in industrial minerals, metallurgical additives, and secondary raw materials. EFACO serves foundational industrial clients across Egypt and exports a significant share of its output to international markets across Europe, North America, East Asia, Japan, and the Middle East. In recent corporate and operational developments, the company initiated the deployment of a fifth electric submerged arc furnace project at its Edfu industrial complex to increase aggregate production capacity by approximately 30%, adding 15,000 metric tons annually. To address high energy intensity, EFACO collaborated with the Central Metallurgical Research and Development Institute to adopt advanced energy-efficient smelting technologies for specialized ferroalloy lines. Furthermore, under the Egyptian government's State Ownership Policy and privatization program, the company secured a listing on the Egyptian Exchange (EGX: EFAC) within the Basic Resources sector ahead of a public capital offering, while simultaneously participating in industrial rehabilitation initiatives for regional production assets, including technical support for restarting ferrosilicon capacities at Egyptian Chemical Industries (KIMA).