Bangladesh: BSRM board approves investment for steel capacity ramp up

BSRM- a prominent steelmaker in Bangladesh, is all set to raise its steel capacity by another 500,000 t to cater market demand, SteelMint has confirmed from company officials. The board has approved an investment of around BDT 700 Cr for a new steel plant which is expected to start its operations by mid-2023. The company has 1.8 mn t of installed billet-making capacity.


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