Gulf ferro alloys company Overview
Company Headquarters: Jubail, Saudi Arabia
Founded: 1992
Workforce: ~1,000
Company Working: Gulf ferro alloys company (SABAYEK) is a metallurgy company. Its product portfolio includes ferro silico manganese, high carbon ferro manganese, silico manganese, and ferro manganese. The company is also involved in manufacturing charge chrome for the export market and owns an electricity power plant for captive consumption. It has four interchangeable plants with 27 MVA furnaces. The classification of ferrosilicon manganese are 65–68% Mn, 16–18% Si, 2–2.5% (max) C, 0.10–0.30%(max) P, and 0.02-0.04% (max) S.
Strategy
Gulf Ferroalloys Company aims to become a leading Ferro alloys company in the global market by consistently delivering high-quality, innovative, and sustainable solutions. It focuses on achieving growth by employing organic and inorganic growth strategies to deliver various products for numerous applications. It is seeking to list its shares on Saudi Arabia's parallel market NOMU by 2024. It is working on internal procedures and governance, and regulatory documents. It is currently building a line to produce noble metals in partnership with Saudi Basic Industries Corp to improve its product portfolio. It further aims to sustain itself as a reliable producer that creates national security for the local steel industries to cater to the domestic market.
