...STEEL INDUSTRIES OF BANGLADESH REPORT ON FOCUS The report “Bangladesh on its way of becoming self sufficient in rod production, export is also a possibility” by Shuvankar karmakar, that was analyzed here, was published in the Daily Prothom Alo, on 17th November, 2012. BACKGROUND 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, KSRM, Anwar Steel, AK steel, Rahim steel, Abul khayer Group are worth mentioning. Today the highest steel producing company is...
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...Steel Industry The Bangladesh Steel Re-Rolling Mills, commonly known as BSRM, is a Bangladeshi steel manufacturing conglomerate based in Chittagong. It was founded in 1952, when the Ismaili Africawala brothers established the first steel rolling plant in erstwhile East Bengal.[2][3][4] Products: XTREME 500W GRADE 60 STRUCTURAL SECTION SPRING STEEL BSRM was the first steel company in Bangladesh to receive ISO 9001:2000 certification. The system has been continuously modified and developed in many surveillance visits by the lead assessors and BSRM continues to develop it in a manner consistent with International Certification Practices. The company is also in the process of securing the globally acknowledged, U.K. based CARES product certification and registration. The aim of the system is to work for the consistent assurance of quality and its implementation will ensure product quality and thus customer satisfaction. Due to the nature of the industry, where in-process materials are not present, final product testing is done in a modern testing lab equipped with computerized testing machines to measure chemical and mechanical properties. Finished goods are stored in intermediate quarantine until clearance from Quality Control and then stored in the finished goods storage area ready for delivery. Product traceability is ensured through a label that shows the date of production and other information such as diameter, length, weight of bundle and grade. This quality system...
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...2010 The International Conference on Marine Technology 11-12 December 2010, BUET, Dhaka, Bangladesh SHIP RECYCLING PROSPECTS IN BANGLADESH Kh. Akhter Hossain, K. Shahriar Iqbal and N. M. Golam Zakaria Department of Naval Architecture and Marine Engineering, Bangladesh University of Engineering and Technology, Dhaka, Bangladesh E-mail: ksiqbal@yahoo.com ABSTRACT This paper deals with the recent status of ship-recycling industry in Bangladesh which has received considerable attention during last two decades. The social and environmental impacts of the ship recycling in Bangladesh have also been covered. Considering its positive economical contribution as well as some negative effect like lack of occupational health and safety standard, the search has made to address whether Bangladesh should continue supporting this business on their soil. Some viable recommendations are made at the conclusion. Keywords: Ship breaking, ship dismantling, industrial safety, safety hazards, environmental hazards. 1. INTRODUCTION Ship recycling is the process of dismantling old ship to recover steel scrap and other materials. This industry had begun in Bangladesh in 1960, when a cargo vessel named M D Alpine of Greek was affected by violent storm and beached near sea shore of Fauzdarhat at Chittagong. The ship had to remain there for a long time. In 1965, the vessel was scrapped by Chittagong Steel House. In 1974, Al Abbas, a salvaged Pakistan Navy vessel, which was sunk during liberation...
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...Streel Industry: Steady demands nourish robust growth | Bangladesh Ec... 1 of 3 https://bangladesheconomy.wordpress.com/2009/05/12/streel-industry-st... Bangladesh Economic News Positive News about the Bangladeshi Economy. http://www.bangladesh-economy.org/ Streel Industry: Steady demands nourish robust growth Posted on May 12, 2009 | Leave a comment http://www.newagebd.com/2009/may/12/busi.html#1 STEEL INDUSTRY Steady demands nourish robust growth The file photo shows workers busy at Bangladesh Steel Re-rolling Mills that produces high-grade steel. The file photo shows workers busy at Bangladesh Steel Re-rolling Mills that produces high-grade steel. Shakhawat Hossain The country’s steel industry has been getting continuous investment boom due to steady demands. Steel manufacturers see no major negative impact on their industry as they believe the country’s economy will keep its impressive growth despite the global financial recession. They said the country with nearly six per cent growth in the last three years provides enough clues to consume higher production of mild steel rod to be generated by the big players with their proposed new investments. ‘The rod industry will not face major problem due to growing investment in the sector,’ said Bangladesh Steel Re-rolling Mills chairman Ali Hossain Akbar Ali. ‘Chance is slim even for the small players to become sick as the growing consumption rate of steel will remain in the coming years despite...
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...BSRM Steels Ltd. Work Plan for SWOT Analysis Duration: 2 months (15th February to 15th April) Project Manager: Mr. Mahmud SWOT Steps/Activities | Data Sources | Data Collection Method | Responsible Person | Working Group | Logistics Supports | Required Fund | Timeline | Remarks | Analysis of General Environment | Primary & Secondary | Survey, govt. & regulatory publications, etc. | Mr. Adnan & Mr. Masud | 4 | Transport, survey instruments, technological support. | TK. 100,000 | 15th Feb to 14th March | Info gathered from both sources. | Analysis of Industrial Environment | Secondary | SEC publications, industry competitive analysis, business journal, industrial publications etc. | Ms. Shanila& Ms. Sinthia | 3 | Company’s database access, Technological support, analyzing tools. | TK. 70,000 | 15th Feb to 14th March | | Analysis of Internal Environment | Secondary | Company profile, minutes of meetings, financial statement etc. | Mr. Muhib | 2 | Factory inspection, company’s database access, analyzing tools. | TK. 50,000 | 15th March to 31st March | | Describing 1. General OT 2. Industry OT 3. Internal SW | Secondary | Findings from external & internal environment analysis | Ms. Tahmina | 1 | Technical support, fact finding tools. | TK. 20,000 | 1st April to 14th April | Describe the findings of previous steps | Strategic Conclusion | This work plan will be taken as cornerstone of SWOT analysis of BSRM Steels...
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...Papers Home Page » Business and Management Steel Industries of Bangladesh In: Business and Management Steel Industries of Bangladesh STEEL INDUSTRIES OF BANGLADESH REPORT ON FOCUS The report “Bangladesh on its way of becoming self sufficient in rod production, export is also a possibility” by Shuvankar karmakar, that was analyzed here, was published in the Daily Prothom Alo, on 17th November, 2012. BACKGROUND 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...
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...RESEARCH ON THE FUTURE OF FLAT STEEL INDUSTRIES OF BANGLADESH – A RESEARCH REPORT OF STANDARD CHARTERED BANK” By Mohammed Mashud Ur Rahman ID: 0811084 An Internship Report Presented in Partial Fulfillment Of the Requirements for the Degree Bachelor of Business Administration INDEPENDENT UNIVERSITY, BANGLADESH May 2012 Letter of Transmittal May 29, 2012 Ms. Momtaj Khanam Senior Lecturer School of Business Independent University Bangladesh Dhaka Subject: Submission of Internship Report. Maam, This is a great pleasure for me to submit the Internship Report after successfully completion of all the courses of BBA program in your university. I have undertaken my internship program in Standard Chartered Bank Bangladesh (Main Branch, Chittagong) from February 20, 2012. While preparing the report on “Advance Research on the future of Flat Steel Industries of Bangladesh – A research report of Standard Chartered Bank” I have tried to gather as much information as possible. I was appointed under Commodity Traders and Agriculture (CTA) Department of Standard Chartered Bank, and it was a worthwhile experience for me working there. I believe that the internship program has enriched both my knowledge and practical expectance which has helped me in developing this report for you. Thanking you, Yours sincerely, Mohammed Mashud ur Rahman ID: 0811084 BBA Independent University Bangladesh PREFACE I appreciate that Independent University Bangladesh has this internship program...
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...MARTEC 2010 The International Conference on Marine Technology 11-12 December 2010, BUET, Dhaka, Bangladesh SHIP RECYCLING PROSPECTS IN BANGLADESH Kh. Akhter Hossain, K. Shahriar Iqbal and N. M. Golam Zakaria Department of Naval Architecture and Marine Engineering, Bangladesh University of Engineering and Technology, Dhaka, Bangladesh E-mail: ksiqbal@yahoo.com ABSTRACT This paper deals with the recent status of ship-recycling industry in Bangladesh which has received considerable attention during last two decades. The social and environmental impacts of the ship recycling in Bangladesh have also been covered. Considering its positive economical contribution as well as some negative effect like lack of occupational health and safety standard, the search has made to address whether Bangladesh should continue supporting this business on their soil. Some viable recommendations are made at the conclusion. Keywords: Ship breaking, ship dismantling, industrial safety, safety hazards, environmental hazards. 1. INTRODUCTION Ship recycling is the process of dismantling old ship to recover steel scrap and other materials. This industry had begun in Bangladesh in 1960, when a cargo vessel named M D Alpine of Greek was affected by violent storm and beached near sea shore of Fauzdarhat at Chittagong. The ship had to remain there for a long time. In 1965, the vessel was scrapped by Chittagong Steel House. In 1974, Al Abbas, a salvaged Pakistan Navy vessel, which was sunk during liberation war...
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...have tried to follow your guidelines in every aspect of preparing this paper. Concentrating on the most relevant and logical areas to make the model coherent as well as feasible, has been key priority. We hope the Business Opportunity Strategy Paper charms your kind appreciation. Sincerely, Group 11 Ahamed Najeeb Rahman Tasnia Azim Choudhury Saifur Rahman Zahin Azad Moslem Abdullah Ar Rafee Section B, BBA 20th Batch IBA, University of Dhaka ZR74 RH76 ZR89 ZR121 ZR127 ii Table of Contents 1.0 Background ..................................................................................................................................... 1 2.0 Bangladesh: Country Overview ..................................................................................................... 3 2.1 Significance of Ship breaking in Bangladesh ............................................................................................... 3 3.0 Bottom of the Pyramid ................................................................................................................... 4 4.0 Nation Branding...
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...Executive Summery BSRM Steel Limited, a high grade steel manufacturing company has been operating as a sister concern of BSRM Group of Companies, the most successful and highly regarded group in the steel sector of the country. The BSRM Group is known for its long exposures in all sub- sectors of steel industry since 1952 including ship breaking, scrap processing, and billet manufacturing, manufacturing of MS rod as well as in other ancillary operations. Bangladesh Steel Re- rolling Mills Limited (BSRM), the flagship company of BSRM Group was established in 1985 for automated steel re- rolling mill and has been operating successfully. In order to cater to the increased market demand, the group established BSRMS with a production capacity of 375000 M ton, per year in 2002. It is the first ever fully automated steel re- rolling plant in the country and also regarded as the largest plant in terms of capacity in the country. The product has come out under the brand name of “BSRM Xtreme 500W” round bars. Such rods are superior equipment in the construction. The project has been conceptualized by German requirements in construction. The project has been conceptualized by German Consultants “Badische Stahl Engineering (BSE)” and the complete plant & machineries have been supplied by Danieli Group, Italy- one of the three largest suppliers of equipments and plants in metal industry worldwide. It was incorporated on 20 July 2002 under the companies Act 1994 as a private...
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...Proceedings of MARTEC 2010 The International Conference on Marine Technology 11-12 December 2010, BUET, Dhaka, Bangladesh STUDY ON SOME COMPETITIVE PARAMETERS FOR SHIPBUILDING INDUSTRY IN BANGLADESH N. M. Golam Zakaria, M.M. Rahaman and Kh. Akhter Hossain Department of Naval Architecture and Marine Engineering, Bangladesh University of Engineering and Technology, Dhaka, Bangladesh gzakaria@name.buet.ac.bd ABSTRACT Despite Bangladesh has glorious history & heritage as a shipbuilding nation since ancient time, shipbuilding has been in focus only from the last couple of years. The optimism about this industry arose from the success attained by a number of local entrepreneurs who brought the name and fame to Bangladesh as a country with great potentials in shipbuilding by building and handing over some ocean-going vessels to overseas buyers. Since then, the shipbuilding in Bangladesh did not have to look back and now new opportunities are knocking at the door to flourish this industry further. However, due to global nature of this industry, an assessment of suitability to modern shipbuilding in terms of global standard is of prime importance. This paper focuses on studying some crucial competitive factors like labour skill, labour availability, labour man-hour, labour cost & productivity for local shipbuilding which are the inherent part for expansion of this industry. The analysis also focuses on the existing access to the resources like materials, knowledge and capital for shipbuilding...
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...STRICTLY CONFIDENTIAL BSRM Information Memorandum for: Term Loan Facility: BDT 1,987 Million Arranger Agrani Bank Co-Arranger IDLC of Bangladesh Limited February 2006 Disclaimer This confidential Information Memorandum (IM) on BSRM Steels Limited, in connection with the proposed Syndicated Term Loan of BDT 1,987 Million has been compiled by Agrani Bank (Lead Arranger) & IDLC of Bangladesh Ltd. (Co-arranger) with a view to assisting the lenders in assessing the merits of the offer. The information, opinion and projections contained in this Information Memorandum have been supplied by the client. BSRM Steels Limited has confirmed to the Arranger & Coarranger that, to the best of its knowledge and belief and except as otherwise provided in this Information Memorandum, such information is true and fair in all material respects as at February 2006, that all such opinions are honestly held by the company, that all such projections are fair and accurate in all material respects having regard to the circumstances now prevailing and in the light of the assumptions made and that the Information Memorandum does not omit any information such that its omission would make this Information Memorandum or any information contained herein inaccurate, untrue, or misleading in any material respect. Agrani Bank & IDLC Of Bangladesh Ltd., in their role as Arranger and Co-arranger respectively have not independently verified the information, opinions or projections referred to in the IM. No...
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...this report in time. I like take the opportunity to thank my supervisor – Mr. Abu Sohel Mahmood, Assistant Professor, Independent Business School, Chittagong Independent University, for his guidance, constant and spontaneous support and constructive suggestion. Without his help this report could not have been possible. This is the way by which I can extend my heart felt thanks to the contributors of generous help I have received from many sources of BSRM Group of Companies. I like to express my tributes and gratitude to BSRM Group of Companies, Head Office, Ali Mansion, Sadarghat Road, Chittagong, Bangladesh for giving me the opportunity, appointment for discussions and collection of data from internal sources. I will never forget the contribution of all the staff and managers of BSRM Group of Companies, Head Office, Ali Mansion, Sadarghat Road, Chittagong, Bangladesh who have spread their valuable advice, suggestion, opinion and time to me. Thank you all the guys who are directly or indirectly related to this report. EXECUTIVE SUMMARY The report deals with an important topic described “Marketing Mix Procedures: A Case Study on BSRM Xtreme 500W”. The principal objective of the report is to...
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...Title: The analysis of Profitability and Liquidity management of Bangladesh Steel Re-Rolling Mills Limited. (The Comparative Ratio analysis of the Financial Statement between 2011 and 2012). Abstract: Liquidity and its management determines to a great extent the growth and profitability of a firm. This is because either inadequate liquidity or excess liquidity may be injurious to the smooth operations of the organization. This seeming controversy has attracted a lot of interest in the subject of liquidity management. The present study aims to reveal the Comparative analysis of liquidity and profitability of Bangladesh Steel Re-Rolling Mills Limited so that the company has to maintain this relationship while in conducting day to day operations. The results show that there is a significant impact of only liquid ratio on ROA while insignificant on ROE and EPS; the results also show that ROE is no significant effected by three ratios current ratio, quick ratio and liquid ratio while EPS is greatly affected by current ratios, quick ratios and liquid ratio. The main results of the study demonstrate that each ratio has a significant effect on the financial positions of enterprise with differing amounts and that along with the liquidity ratios in the first place. Profitability ratios also play an important role in the financial positions of enterprises. Every stakeholder has interest in the liquidity position of a company. Suppliers of goods will check the liquidity of the company...
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...to invest in new fields, including manufacturing and trading. More enterprises were established in the early 1990s, covering diverse activities involving the production of cement, paper and pulp, tissue paper, steel, LP Gas bottling and distribution, and a trading company, among others. The group experienced this tremendous growth in a span of less than 10 years. During this period, additional schemes on land development and real estate were launched and those projects focused more sharply on increasing responsiveness to client needs. The Group's first publicly-traded company, the Meghna Cement Mills Limited, is currently listed on the two Stock Exchanges of Bangladesh. The Group now has over 20 major concerns located in different areas of the country. The multi-faceted shopping mall and recreation centre called the Bashundhara City has added glamour to the growth of the group. The Bashundhara City Development Ltd is one step ahead in the longstanding effort to strengthen links with the general people through the unique offering of commercial operations and recreation facilities under single roof. East West Media Group Ltd is the mass media enterprise of the Bashundhara Group that was established in 2009. It now owns Bangla dailies – “The Kaler Kantho” and “The Bangladesh Pratidin”, English newspaper the “Daily Sun” and...
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