Although there are around 40 steelmakers in Bangladesh, just four based in Chattogram are currently catering to 53 percent of the total demand, according to market studies and industry insiders.
Abul Khair Steel, a steel manufacturing company and a subsidiary of Abul Khair Group, recently organised a conference styled “EngineeringXcellence” at Sheraton Dhaka in Banani.
Superbrands Bangladesh has honoured 40 organisations from diverse industries, including The Daily Star in the newspaper category, as the most prestigious and valuable brands in the country for 2023-24.
The energy crunch, an increase in raw material prices in the international market, a shortage of foreign currency and economic instability throughout the country is severely hurting the steel industry
Fresh infrastructure projects in Bangladesh will drive significant steel demand and make doing business in the country easier in the coming years, Tapan Sengupta, the deputy managing director of steelmaker Bangladesh Steel Re-Rolling Mills (BSRM) told Fastmarkets in an exclusive interview