FerroMac International NV
FerroMac International NV is a privately held Belgian steel trading company founded in 2010 that intermediates between steel producers and industrial buyers across Africa, Latin America, the Caribbean, Europe, and Turkey, coordinating the full supply chain from production through financing.
- Company typePrivate
- Founded2010
- HeadquartersAntwerp, Belgium
- Headcount11–50
- GTM typeB2B
- OfferingServices
What FerroMac International NV does
FerroMac International NV is a privately held Belgian steel trading company founded in 2010, headquartered in Antwerp with a regional branch in Guatemala City. The company operates as an intermediary between steel producers and industrial buyers worldwide, coordinating the full supply chain from production through shipping, documentation, and financing. Its operations span five regions—Africa, Latin America, the Caribbean, Europe, and Turkey—with active export markets in approximately 15-20 countries. The company serves industrial customers across construction, automotive manufacturing, shipbuilding, and oil and gas sectors. Related regional entities include FerroMac Europe and FerroMac USA.
The company's product portfolio is organized into four categories: long steel products (reinforcement bars, wire rod, merchant bars, profiles, wire products), flat steel products (plates, hot-rolled and cold-rolled coils, coated material), pipes and profiles (seamless, welded, epoxy-coated, and galvanized), and other specialty products (sheet piles, stainless steels, expanded metal sheets). Its technology footprint is modest, centered on the MyFerroMac customer portal for client account access and proprietary internal training and IT tools for supply chain coordination. No public API, no AI/ML capabilities, and no developer-facing platform are evident in the source material.
FerroMac generates revenue primarily through transaction-based steel trading, with quote-based pricing determined by product specifications, quantities, and delivery terms (Incoterms). Payment terms include Open Account (100% within stipulated days after bill of lading) and Prepayment options, with overdue interest calculated at SOFR 3M plus 7% per annum. The company operates a direct B2B sales model with no resellers or intermediaries, relying on personal relationships and multilingual capability (English, Spanish, French) to serve diverse geographic markets. The team of approximately 28 employees is structured across trading, finance, logistics, HR, and regional management functions, with the company appearing to be founder/management-owned with no disclosed external institutional investment.
FerroMac International NV firmographics
Firmographics- Name
- FerroMac International NV
- Legal name
- FerroMac International NV
- Website
- https://ferromac.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- FerroMac International NV is a privately held Belgian steel trading company founded in 2010 that intermediates between steel producers and industrial buyers across Africa, Latin America, the Caribbean, Europe, and Turkey, coordinating the full supply chain from production through financing.
- Ownership category
- akta.pro rank
FerroMac International NV industry classification
Industry- Product category
- Steel Trading Services
- NAICS
- Metal Service Centers and Other Metal Merchant Wholesalers (423510)
- SIC
- Wholesale-Metals & Minerals (No Petroleum) (5050)
- akta.pro primary industry
- Steel Products Trading & Service Centers (Flat, Long, Pipe & Tube, Rebar) (IMAKAJAB)
Keywords
Where FerroMac International NV is headquartered
LocationHeadquarters
- HQ city
- Antwerp
- HQ country
- Belgium
- HQ region
- Europe
Offices2 records
Markets served
FerroMac International NV business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Steel Trading: Trading steel products globally as an intermediary between steel producers and customers worldwide. Coordinates supply chain from production, over shipping to documentation and financing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Quote-based pricing for steel products |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
FerroMac International NV product offering
Product offeringCore offering
FerroMac International NV is a Belgian steel trading company that connects steel producers with industrial buyers worldwide. The company sources long steel products, flat steel products, pipes and profiles, and other steel products from a network of qualified producers and coordinates the entire supply chain from production to financing.
Product overview
FerroMac International NV is a steel trading company that operates as a unified offering connecting customers with steel producers worldwide. The company coordinates the supply chain from production through shipping to documentation and financing. Its core product portfolio includes Long Steel Products (reinforcing bars, wire rod, merchant bars, profiles, wire products), Flat Steel Products (plates, hot-rolled coils, cold-rolled coils, coated material), Pipes and Profiles (seamless, welded, epoxy coated, galvanized), and Other Steel Products (special steels, sheet piles, stainless steels, expanded/perforated sheets). The MyFerroMac client portal provides customers with account access. The company maintains headquarters in Antwerp, Belgium and a branch in Guatemala City, serving markets in Africa, Latin America, Europe, and Turkey.
Differentiator
Problem solved
Functional benefit
Brands
- MyFerroMac: Customer portal for FerroMac operations
- Trader Traineeship
Products and services
- Long Steel Products Long steel products are a core product line traded by FerroMac International NV, sourced from its network of qualified producers and delivered to industrial buyers across construction, manufacturing, and other sectors.
- Flat Steel Products Flat steel products are a core product line traded by FerroMac International NV, sourced from qualified producers and delivered to industrial buyers across automotive, manufacturing, construction, and other sectors.
- Pipes and Profiles Pipes and profiles are a core product line traded by FerroMac International NV, sourced from qualified producers and delivered to industrial buyers serving sectors such as oil and gas, shipbuilding, and construction.
- Other Steel Products Other steel products are a complementary product line traded by FerroMac International NV, sourced from qualified producers and delivered to industrial buyers.
- Steel Supply Chain Coordination End-to-end supply chain coordination service in which FerroMac International NV manages production, shipping, documentation, and financing for steel purchases on behalf of industrial buyers across multiple regions.
Quantifiable outcome
- Founded in 2010, company has grown continuously with team expansion annually
- +1 more outcomes
Companies that use FerroMac International NV
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles1 record
FerroMac International NV technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
FerroMac International NV partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor and core.
- VZW De TorenminorSocial partnership with VZW De Toren, a day care center for people with early-onset dementia. FerroMac volunteers every two weeks during working hours, providing companionship activities such as walks, bike rides, and museum visits to dementia patients.
- SOS KinderdorpenminorLong-term partnership supporting children in SOS communities in export markets. FerroMac sponsors Luis Alejandro (Nicaragua, since 2017) and Samwil (Tanzania, since 2018) through the SOS Villages program.
- Climate PartnerscoreCooperation with climate partners to achieve carbon neutrality by 2025. Working with governments and industry leaders on green transition including electric arc furnaces and hydrogen-based production processes.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
FerroMac International NV competitors and assessment
Company assessmentBroad incumbents
- Ryerson Holding Corporation: Ryerson is a US-based metal service center company distributing and processing steel and aluminum products to industrial customers. Comparable to FerroMac in the B2B steel intermediation model, although Ryerson is publicly listed and significantly larger.
- Kloeckner & Co: Kloeckner & Co is one of the largest steel and metal service-center networks in Europe, distributing a wide range of steel products to industrial customers. It is comparable to FerroMac as a downstream intermediary between mills and end users, but operates at far greater scale and breadth.
- Samuel, Son & Co. Samuel, Son & Co. is a North American metal service center and steel processor/distributor. Comparable to FerroMac as a B2B steel distributor serving industrial customers, with broader value-added processing services and a larger footprint.
- Reliance Steel & Aluminum Co. Reliance Steel & Aluminum is a large US-based metal service center company with a global network of steel and aluminum distribution operations. Comparable to FerroMac as a steel distributor serving construction, automotive, and industrial customers, but at fundamentally larger scale.
- Marubeni-Itochu Steel Inc. Marubeni-Itochu Steel is a major Japanese sogo shosha-affiliated steel trader with global reach across distribution, processing, and trading. Comparable to FerroMac in trading flow and intermediation role, but operates as part of a much larger trading conglomerate.
- Metal One Corporation: Metal One is a joint venture between Mitsubishi Corporation and Sojitz, one of the largest steel trading houses globally. It is comparable to FerroMac as a steel trading intermediary connecting Japanese and global mills with international buyer networks, though at vastly larger scale.
Direct peers
- Stemcor: Stemcor is a long-established London-headquartered steel trading company that intermediates steel between producers and customers worldwide. While its scale has fluctuated, its core operating model of global steel intermediation closely mirrors FerroMac's transaction-based trading business.
- Duferco: Duferco is a global steel trading and distribution group headquartered in Lugano, Switzerland. It is one of the most direct comparables to FerroMac, operating as an intermediary between steel producers and end customers across multiple continents with a similarly broad product portfolio.
Regional players
- Wieland Group: Wieland is a European metal service center and processor (formerly ThyssenKrupp's materials services unit in parts of Europe). Comparable to FerroMac as a European-headquartered metal distributor, but primarily focused on non-ferrous and copper products in regional markets.
- Jacquet Metal Service: Jacquet Metal Service is a European specialty steel distributor with sales across multiple European countries. Comparable to FerroMac as a steel trader/distributor serving industrial customers, but with a primarily European footprint and a more specialized product range.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
FerroMac International NV social profiles
Digital presenceFerroMac International NV financial estimates
Financial estimateRevenue estimate
Valuation estimate
FerroMac International NV leadership team
Management profileNumber of profiles
Profiles3 records
FerroMac International NV subsidiaries and ownership
Company hierarchySubsidiaries2 records
FerroMac International NV funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FerroMac International NV M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FerroMac International NV
What does FerroMac International NV do?
FerroMac International NV is a Belgian steel trading company that connects steel producers with industrial buyers worldwide. The company sources long steel products, flat steel products, pipes and profiles, and other steel products from a network of qualified producers and coordinates the entire supply chain from production to financing.
Is FerroMac International NV a public or private company?
FerroMac International NV is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was FerroMac International NV founded?
FerroMac International NV was founded in 2010. It employs 11 to 50 people.
Where is FerroMac International NV based?
FerroMac International NV is headquartered in Antwerp, Belgium, in the Europe region.
How does FerroMac International NV make money?
One revenue line is on record: steel Trading.
Who are FerroMac International NV's main competitors?
Broad incumbents on record are Ryerson Holding Corporation, Kloeckner & Co, Samuel, Son & Co., Reliance Steel & Aluminum Co., Marubeni-Itochu Steel Inc. and Metal One Corporation. Direct peers are Stemcor and Duferco. Regional players are Wieland Group and Jacquet Metal Service.
Does FerroMac International NV have an API?
No public API is recorded for FerroMac International NV.
What industry is FerroMac International NV in?
FerroMac International NV's product category is Steel Trading Services. Its primary akta.pro industry code is IMAKAJAB, Steel Products Trading & Service Centers (Flat, Long, Pipe & Tube, Rebar). Its NAICS code is 423510 and its SIC code is 5050.