Industry News

Bangladesh SS Steel acquires Saleh Steel

Views : 186
Update time : 2020-08-07 16:57:02
It was reported Bangladesh SS Steel acquired its competitor Saleh Steel for roughly BDT 247 million taka.

SS Steel will own 99% of Saleh Steel's shares and promised to inject another approximately BDT 1.34 billion to maintain the smooth operation of the Saleh plant.

Saleh Steel has an annual capacity of 84,000 tons of steel. Once the two steel mills are merged, the annual output of SS Steel will be increased to 192,000 tons.
Related News
Read More >>
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Mar .12.2025
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Mar .12.2025
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they? Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
Mar .12.2025
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
International crude oil prices increase on Mar 11 International crude oil prices increase on Mar 11
Mar .12.2025
International crude oil prices increase on Mar 11