BSRM
The Bangladesh Steel Re-Rolling Mills Ltd., commonly known as BSRM, is a Bangladeshi steel manufacturing company based in Chittagong.[1] It is the largest construction steel manufacturer company in Bangladesh.
Type | Public |
---|---|
DSE: BSRMSTEEL CSE: BSRMSTEEL | |
Industry | Engineering |
Genre | Steel |
Founded | 1952 |
Headquarters | Sadarghat Road, , |
History
In 1952, five Indian businessman named Akberali Africawala, Alibhai Africawala, Taherali Africawala, Abdul Hussain Africawala, and Rajabali Africawala, set up the first BSRM steel re-rolling mill of the then East Bengal in Nasirabad, Chittagong. It started its journey with four manual rolling mills.[2][3] In 1970 the manual rolling mills were replaced with the state-of-the-art Italian built rolling mill.
In 1996, the company installed and commissioned their billet casting plant under the name "Meghna Engineering Works Limited".
In 2008, the company built another rolling unit at Fouzdarhat, Chittagong. On 18 January 2009, BSRM was listed with the Dhaka Stock Exchange (DSE) Ltd. and Chittagong Stock Exchange (CSE) Ltd.[4] BSRM has a subsidiary in Hong Kong named BSRM (Hong Kong) Limited.[5]
- BSRM: Bangladeshi steel manufacturing conglomerate based in Chittagong. It was founded in 1952. The company generates $800 million revenue.
References
- "Company Information - BSRMSTEEL". Archived from the original on 18 January 2017. Retrieved 11 January 2017.
- "History of BSRM". Archived from the original on 2013-06-27. Retrieved 2013-06-09.
- "A night to recognise business luminaries". The Daily Star. 26 June 2011. Retrieved 11 January 2017.
- Ria, Aayrin Saleha (2019-03-10). "A Brief History Of BSRM". Future Startup. Retrieved 2019-10-07.
- "BSRM to set up subsidiary company in Hong Kong". The Financial Express. 10 June 2018. Retrieved 22 November 2020.