Befesa

📍 Luxembourg, Luxembourg🗓 Founded 1993👥 464 employees💰 Last funded Nov 2025

Befesa is the global leader in providing regulated critical environmental recycling services to the steel and aluminium industries in key European, Asian, and North American markets. For more than three decades, Befesa has been a vital player in the circular economy by reducing the environmental impact of industrial waste, recovering valuable materials, reintroducing them into the production process, and lowering the cost of primary production. Through its two business units, Steel Dust and Aluminium Salt Slags recycling services, which are a critical part of the circular economy, Befesa manages and recycles around 1.9 million tonnes of residues annually, with a production of around 1.7 million tonnes of new materials, which Befesa reintroduces in the market, reducing the consumption of natural resources. Sustainability is part of Befesa’s DNA. Economic, environmental, and social standards are considered in all business decisions, and contributing to the creation of a more sustainable world is at the core of Befesa’s business.

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1993

Founded