Today, as we see the Egyptian Company for Ferroalloys heading towards achieving remarkable results for the current fiscal year, I find it necessary to extend our thanks and gratitude to the success partners, led by the Holding Company for Metallurgical Industries, for all the support and encouragement it provides, as well as to the company’s customers who trust in its products, and special thanks to the company’s employees who struggled and struggled Sincerely so that the company assumes that prestigious position.

However, we must bear in mind that there is no guarantee that the future will be rosy and prosperous, as the company’s business in ferrous alloys and the market for its products in the steel sector suffer from sharp and unprecedented changes, as is the case with the global economy. The crises surrounding the economies of European countries, inflation, lower production levels in China and some emerging markets and other factors have led to an unprecedented state of uncertainty about what might happen in the future.

However, I am sure that our company will cross that stage with the ideas, determination and arms of its sons to be the leading company in the field of ferrous alloys in the region with international standards in terms of levels of production, costs, technology, customer service, financial and administrative stability and others. We will achieve this by adopting some stimulating initiatives in the fields of cost reduction, technological development and modernization, providing higher quality products and services, and effective training of human resources.

Today, our company, which is the leading company in the manufacture of ferrous alloys, is very keen to apply the rules and standards of safety and security, preserving the environment, and fulfilling its role towards social responsibility. The company that is keen to provide prosperity and well-being to all its employees and build with them a prosperous and bright future that everyone aspires to.

Let us look optimistically to the future and start our next steps with confidence, pride and pride to build together a better Egyptian company for ferrous alloys that we present as a gift to our Egypt and to future generations.

Dr. Engineer/ Mahmoud Ibrahim Nasr

Chairman of Board of Directors