The BSRM group was established in 1950 in steel business under the splendid initiates of five brothers

(African Origin) of a single family. Later on, the business concerns under of this group were run by the
families of late Mr. Akberali. Since its inception, the Group is involved only in the steel sector. The family
has been successfully running the group for the last 68 years and regarded as the best managed steel
units in the country. The group is also the largest contributor to the national exchequer under the steel
sector and also having largest set up in the country considering its integration in all areas of steel
industry.

The BSRM Group of Companies traces its origins and inception to a set of 4 small manual rolling mills in
Nasirabad, Chittagong. The mill produced reinforcing bars and structural sections. The mill gradually
expanded, adopting new technology by setting up a cross country European mill in 1987 which included
a wire-rod mill. In 1996 the group added a captive billet making plant to ensure a steady supply of
quality billets for its rolling mills. A pilot cold rolling mill to manufacture ribbed high strength wires was
installed in 2006. Finally in 2008 a state-of-the-art DANIELI built rolling mill, incorporating technological
features such as:

Horizontal / Vertical housingless stands.

Multiple slit rolling for sizes 14 mm to 8 mm.
Stepless DC drives for accurate speed control, for tension free rolling.
A large “Quench and Temper” facility for up to 75 tons/hr. production of 500 Mpa strength bars.

The new rolling facility is one of the largest in the region, producing world quality bars conforming to all
major international standards.

Milestone - 1987
The four old manual mills were scrapped and an automatic billet-based rolling mill was installed with
continuous up gradation. The two highway bridges over the rivers Meghna and Gumti, the Chittagong
Airport, the KAFCO Fertilizer factory, most of the country’s large prestigious projects and many high-rise
buildings in Bangladesh were then built with BSRM bars.

Achievement - 1996
A captive billet-making plant was commissioned, under the name of Meghna Engineering Works. Cost-
saving Technology - 2006The first and only ribbed wire cold-rolling plant in the country started
operations using European technology to make 500 Mpa yield strength wire reinforcements in sizes
4.5mm, 5.7mm and 7.1mm, significantly reducing construction costs
In the steel industry, BSRM is operating as a subsidiary of the market leader in Re-rolling industry,
experienced management team, State-Of-The-Art Plant, Quality products, sound infrastructural
arrangement
and sound debt servicing history of the Group. The first of its kind in the country, BSRM was set up to
produce plain bars for the construction industry. Since 1952 it has started its journey and has always
been in the leading position in the market.

Attaining the 31% of the market share of steels re-rolling industry, BSRM is in the leading position. The
nearest competitors are Abul Khair steel, KSRM, Rahim Steel, RSRM, GPH Ispat, and Anwar Ispat all
consecutively holding 26.5%,11%, 4%, 6%, 6.5%, and 9%. The rest 6% is of other companies.