Steel has a large scale impact on our lives: the chair you sit on, the bike you ride & the house you live in. Steel is a vital component in most of the world’s industrial ecosystems. Therefore it comes as no surprise that the global steel market is currently responsible for 8% of global CO2 emission. The steel industry must unite to develop an effective strategy to reduce its global CO2 emission. Future proofing the steel industry requires research on how steel is made and how it is being distributed worldwide. Major steel producers are committed in their search for green alternatives for the polluting blast furnaces, which emit high volumes of carbon dioxide. Five of the six biggest steelmakers lined up behind the Paris Agreement, committing to reaching net zero emissions by 2050. The broad introduction of electric arc furnaces and the acceptation of hydrogen production processes will revolutionize the steel industry over the next two decades. Although 2050 seems still far away, it is just one investment cycle away for a major sector like steel, which has long lasting capital assets. Discouraging a low-margin industry of cheap coal onto more costly green steel technologies will require immediate action by all industry players and massive government support.

FerroMac International will not be a leader in the green transition that is shaping our industry today. We leave it to our Governments and major industry players to define the playing field. Nonetheless, we are part of the supply chain and must take responsibility within our circle of influence. It all starts by integrating “climate action” into our corporate strategy. By measuring our organization’s greenhouse gas emission we can follow through with a robust reduction plan to reduce and even offset all unabated emission. It is our ambition to be a carbon neutral company at corporate level by 2025.

The introduction of a mobility plan as an alternative to the traditional company car is a successful illustration of our fleet reduction plan. We are convinced that further expansion of our “mobility policy” will ensure further decrease of our fleet.

Investing in social responsibility as a company goes beyond sponsoring an annual event that produces great images for social media. As a successful company, we have great resources at our disposal. There are a tremendous number of NPOs and agencies that need our help. Social responsibility is about showing commitment to our environment and society as a whole. We already have a number of initiatives, including our loyal collaboration with “VZW de Toren” & “SOS Kinderdorpen”.

FerroMac has been a committed partner to “VZW de Toren” for more than 5 years. VZW De Toren is a day centre for people with young dementia. Together with visitors with young dementia, family caregivers and volunteers, this NPO develops a focused range of activities tailored to the visitors’ age, stage of life, physical condition and interests. Every two weeks, FerroMac volunteers in the day centre during working hours. We help in a very simple way, by going along for a walk, a bike ride or a visit to the beautiful Red Star line Museum in Antwerp.

Our traders travel to some of the poorest countries in the world. We realize there needs to be a huge policy change to address extreme poverty. FerroMac has been a loyal partner of “SOS Kinderdorpen” for many years. In some of our export markets we support various children living in the SOS communities. Since 2017 we support Luis Alejandro, a boy from Nicaragua and since 2018 we also support Samwil, a young boy living in Dar Es Salaam, Tanzania.

We believe in organizations where the management creates a straightforward framework, designed around clear and realistic agreements. Within this framework, there is a sense of freedom and accountability for each individual. We believe in empowering employees by nurturing them with various learning and development initiatives. We make it our responsibility to ensure that each member of our team has the possibility to grow into the most professional version of themself.

Credit insurers and banks are the foundation of our business model. Open communication and financial transparency are key to safeguard the interests of our financial partners. We value their input and feedback as guidance for future strategy.

A healthy mind in a healthy body | Personal trainer

A stand-up desk is a first step in ensuring that the body is sufficiently in motion. Every week our personal coach provides our team with customized training sessions. The main focus is on strength and muscle training combined with cardio exercises. The perfect preparation for our annual sport events.

We believe in organizations where the management creates a straightforward framework, designed around clear and realistic agreements. Within this framework, there is a sense of freedom and accountability for each individual. We believe in empowering employees by nurturing them with various learning and development initiatives. We make it our responsibility to ensure that each member of our team has the possibility to grow into the most professional version of themself.

Credit insurers and banks are the foundation of our business model. Open communication and financial transparency are key to safeguard the interests of our financial partners. We value their input and feedback as guidance for future strategy.

A healthy mind in a healthy body | Personal trainer

A stand-up desk is a first step in ensuring that the body is sufficiently in motion. Every week our personal coach provides our team with customized training sessions. The main focus is on strength and muscle training combined with cardio exercises. The perfect preparation for our annual sport events.