Steel industry in Bangladesh
Steel industry is an established and growing industry in Bangladesh. Predominantly based in the port city of Chittagong, the industry has emerged as a major contributor to the national economy. According to the experts, the growth of steel industry in Bangladesh is mainly induced by the rapid expansion of the country's shipbuilding and real estate sector, as well as the major investments in various infrastructure projects throughout the country.
History
The first ever steel mill was established in 1952 by the H Akberali Group of Industries as the "Bangladesh Steal Re-rolling Mills (BSRM)". Located at Nasirabad, Chittagong, the plant formed re-enforcing bars and structural sections. The mill gradually prolonged, adopting new technological know-how by setting up a cross-nation European mill in 1987 which incorporated a wire-rod mill. The BSRM group added a captive billet manufacturing plants in 1996 so as to make sure a stable distribution of quality billets of its plants.
In 2006, the company installed pilot cold rolling mill to make ribbed high strength wires.[1] By this time, KSRM Steel Plant Ltd emerged with quality steel. In very short period of time, they became famous in the area of Steel market by the virtue of their steel quality with reasonable price. Their 500W steel is best in fatigue test (55 Lacs Cyclic Load Tolerant).Due to their product quality, they along with BSRM have been selected to be supplier of the Padma Multipurpose Bridge Bangladesh.Very recently, they have established Billet Plant at Chittagong. They have a good number of delivery centers so that their product delivery is very smooth & timely.Their factory situated at Ghoramara, Sitakunda at Chittagong. Remarkable to say that without TV.
Advertising KSRM became much popular due to product quality and reasonable price.KSRM is a steel manufacturing organization belonging to Kabir Group of Industries. Since its inception in 1984, KSRM has been driven to earn the trust and respect of the public by focusing on consistent quality, accurate weight and timely deliveries and producing world-class deformed bars. KSRM is meeting the increasing demands of the country head-on by producing and supplying international grade deformed bars emblazoned with the KSRM seal of quality. These bars are produced using Europe’s cutting edge POMINI technology and completely automatic rolling mill. One of the largest rolling mills in Bangladesh .
Moreover, several other steel companies emerged in the country, most notably "The Rani Re-Rolling Mills Ltd" (RRM) is imbued with a forward looking vision to acquire a global perspective. RRM believes to be a World-class steel manufacturer and service provider in Bangladesh steel industry and They are doing their level best to provide outstanding services to customers. And continuously add value inproducts based on the user feedbacks to improve stability and reliability of end product.RRM has a track record in manufacturing of mild steel structural Re-bars and Wire products in Bangladesh since decades.
With 20 years of experience in the steel manufacturing industry, RRM has a strong reputation history in adding value to its customer and dealer relationships maintaining standard quality product with exact section weight, accurate shape and timely delivery. RRM has a strong reputation history in adding value to its customer and dealer relationships maintaining standard quality product with exact section weight, accurate shape and timely delivery. RRM core philosophy is to produce safe, environment friendly and sustainable steel to our loyal customers and safety is the top priority in our works. Additionally, the pursuit of business excellence is our standard norms and significant focus on innovations, continuous research & development is our standard practice on national interest.
RRM believe for the development of any modern economy, steel is vital and is considered to be the backbone of human civilization. The Steel industry is an established and growing industry in Bangladesh. RRM has been endowed to expand the unparalleled faith of people. ‘Strength & Safety’ is the ultimate motto of the company. Our products are being used at Govt. sector, real estate, and concrete roads, fly over & bridge etc. nationwide.
Our products are being used at Govt. sector, real estate, and concrete roads, fly over & bridge etc. nationwide. RRM is manufacturing High Quality international Standard TMT bar in brand name of ‘RANI TMT 500-550W GOLD’. We want to achieve our long term goal rather than short term goal by implementing new technologies, developing new products and attributes.
RATANPUR STEEL Re-rolling Mills Ltd. since 1984http://www.rsrmbd.com/,Kabir Steel Re-rolling Mills LTD from 1984http://www.ksrm.com.bd/,AKS, Anwar ISpat, Rahim Steel Mills LTD, Seema Steel Re-rolling Mills LTD, Bashundhara Steels etc.[2][3][4]
Bangladesh Steel industry is emerging as one of the major industrial sectors of the country. It consists of small up to the largest scale of steel melting and re-rolling factories across the country that mostly produce deformed bar rod of different grade (40, 60, 500), angel, channel and coil for the construction industry. Though the history of Steel Industry is not older one but it can make a glorious future. Before 1971 Bangladesh did not have any steel mill and even after the liberation there were only a few steel factories in the country.
In 1990s the actual development began in this sector through a revolution. During that period the building constructing agencies or developer companies came forward to build modern infrastructure. Then with the increasing demand, new investors started investing in steel or rod production.
In 2012 we have almost 400 mills across the country including Dhaka, Chittagong. Although most of them are manual steel plants, 30 mills among them are automated.
Many steel producing companies have gained reputation as a brand. Among them, BSRM,RSRM,KSRM,RRM, Anwar Steel, AK steel, Rahim steel, Abul khayer Group are worth mentioning. Today the highest steel producing company is BSRM. They are doing business for 60 years. Their production is almost six and half lakh ton per year which meets 26% demand of the local market.
Now grade 60 rods are being slowly replaced by g500 rods which a number of rolling mills in our country are now manufacturing. With g500, the real estate builders and developers can also save minimum 15% further quantity of steel than g60.
Market
The domestic consumers of steel products include contractors, property developers, export processing zones, road and bridge construction companies, shipbuilding companies etc. The demand of steel is growing day by day due to the increased public works and some on going large projects.
The steel exporters of Bangladesh have ensured strong foothold especially in the African markets. As a result, Bangladesh is now considered as a major emerging player in the global stage.[1][2][3]
References
- ↑ Marshall Cavendish Corporation (2007). World and Its Peoples: Eastern and Southern Asia. Marshall Cavendish. pp. 491–95. ISBN 9780761476313.
- ↑ Bangladesh Economic Association (2011). The Bangladesh Journal of Political Economy, Volume 9, Issues 1-2. University of Michigan.
- ↑ World Bank (2010). World Bank South Asia Economic Update 2010: Moving Up, Looking East. World Bank Publications. ISBN 9780821383889.