Bangladesh Steel Re-Rolling Mills

What Bangladesh Steel Re-Rolling Mills does

BSRM (Bangladesh Steel Re-Rolling Mills Limited) is Bangladesh's largest and longest-established steel manufacturer, founded in 1952 and headquartered in Chattogram. The company produces reinforcement steel bars (rebar) and related construction products under brands including BSRM Xtreme, BSRM Maxima, BSRM Ultima, BSRM Centura, BSRM Xtrong, and BSRM Square Bar, alongside wire products (galvanized wire, ACSR core wire, LRPC, Mig Wire, Welding Electrode) manufactured at its BSRM Wires facility in Mirsharai with 77,000 tons per annum capacity. The company operates multiple rolling units, melting units, recycling units, and a newly inaugurated state-of-the-art steel plant at Jorarganj, Mirsharai (February 1, 2025) equipped with Danieli technology, advanced Air Pollution Control systems, and water treatment/recycling facilities. BSRM also offers FastBuild prefabricated construction services (BBS, Cut & Bend, Stirrups/SecuRing, Couplers, WWR) and converts industrial slag into eco-friendly BSRM Slag construction material.

The company serves four primary customer segments: infrastructure and construction companies, real estate developers, government infrastructure projects, and individual home builders across Bangladesh. BSRM distributes through a nationwide network of 20+ offices spanning Chattogram, Dhaka, and 18 regional cities, plus overseas offices in Kolkata and Agartala, India. Revenue is generated through B2B direct sales with negotiated quote-based pricing for bulk orders and an online ordering portal for individual customers. BSRM has been recognized as Bangladesh's No. 1 steel brand for 14 consecutive years (Nielsen Bangladesh Best Brand Award) and is the only organization in Bangladesh holding EPD certification, alongside ISO QMS, ISO EMS, and ISO-45001 certifications.

BSRM is publicly listed on the Bangladesh Stock Exchange (DSE: BSRMLTD) and operates through two listed entities: Bangladesh Steel Re-Rolling Mills Limited and BSRM Steels Limited. The company is family-controlled, led by Chairman Alihussain Akberali and Managing Director Aameir Alihussain, with products used in major national projects including the Padma Bridge. The company employs 1,001-5,000 people and has secured multiple ESG and corporate governance awards including Bloomberg ESG ratings, ICMAB Best Corporate Gold Awards, ICSB National Award for Corporate Governance Excellence, NBR Highest Taxpayer Awards, and the National Export Trophy.

Name

Bangladesh Steel Re-Rolling Mills

Legal name

Bangladesh Steel Re-Rolling Mills Limited

Website

https://bsrm.com

Company type

Public

Founded year

1952

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Bangladesh's largest and longest-established steel manufacturer, producing reinforcement steel bars, wire products, prefabricated FastBuild construction solutions, and eco-friendly slag-based materials for infrastructure, real estate, government, and individual builder customers across Bangladesh.

Ownership category

akta.pro rank

Headquarters

HQ city

Chittagong

HQ country

Bangladesh

HQ region

Asia

Offices12 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Steel Products Sales: Manufacturing and sale of steel rebars (BSRM Xtreme, BSRM Maxima, BSRM Ultima, BSRM Centura, BSRM Xtrong), square bars, and wire products. Revenue generated through direct sales to construction companies, real estate developers, government projects, and individual builders across Bangladesh and exports.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels13 records

Core offering

BSRM manufactures and sells reinforcement steel bars (rebar) across grades including Xtreme B500 DWR/CWR, Maxima 500D/B600D-R, Ultima, Centura, Xtrong, and Square Bar, alongside wire products (galvanized wire, ACSR core wire, LRPC, Mig Wire, Welding Electrode) and a value-added BSRM FastBuild prefabricated construction solutions service (BBS, Cut & Bend, Stirrups/SecuRing, Couplers, WWR). The company also produces BSRM Slag, an eco-friendly construction material made from recycled steel slag, all distributed across Bangladesh and India via direct sales offices.

Product overview

BSRM (Bangladesh Steel Re-Rolling Mills) is Bangladesh's leading steel manufacturing company operating as a single unified product portfolio centered on steel reinforcement bars and construction solutions. The core product lines include reinforcement steel bars (BSRM Xtreme, BSRM Maxima, BSRM Ultima, BSRM Centura, BSRM Xtrong, BSRM Square Bar) and supplementary construction solutions through BSRM FastBuild Services (including BBS/Cut & Bend, Stirrups/SecuRing, Couplers, WWR). The company also operates a wire manufacturing subsidiary (BSRM Wires) producing galvanized wire, ACSR core wire, LRPC, Mig Wire, and Welding Electrode. Additionally, BSRM converts steel manufacturing waste into eco-friendly construction material through its BSRM Slag product line. All products are distributed through an extensive network of offices across Bangladesh and international locations in India.

Differentiator

Problem solved

Functional benefit

Brands

• BSRM Xtreme: Premium steel rod product line including Xtreme B500 DWR and Xtreme B500 CWR variants.
• BSRM Maxima
• BSRM Ultima
• BSRM Centura
• BSRM Xtrong
• BSRM Square bar
• BSRM FastBuild Services
• BSRM Slag
• BSRM Wire Rod
• BSRM Wires

Products and services

• BSRM Xtreme Premium reinforcement steel bar designed for high-strength construction applications; includes Xtreme B500 DWR and Xtreme B500 CWR variants sold to construction companies, real estate developers, and government projects.
• BSRM Maxima High-grade reinforcement steel bar product line including Maxima 500D and Maxima B600D-R variants for construction companies and infrastructure developers requiring high-strength rebar.
• BSRM Ultima Premium reinforcement steel bar offering superior strength and durability for critical construction projects.
• BSRM Centura Quality reinforcement steel bar designed for construction applications requiring reliable structural performance.
• BSRM Xtrong Reinforcement steel bar product offering enhanced structural strength for construction projects.
• BSRM Square Bar Square-shaped steel bar for specialized construction and industrial applications.
• BSRM FastBuild Services BSRM FastBuild provides prefabricated steel construction solutions including BBS (Bar Bending Schedule), Cut & Bend services, Stirrups (BSRM SecuRing), Couplers, and Welded Wire Reinforcement (WWR), engineered to project specifications for construction companies and real estate developers.
• BSRM Slag Eco-friendly construction material produced from recycled steel slag waste, used as an alternative to bricks and recognized for innovative waste-to-product conversion.
• BSRM Wire Rod Steel wire rod products for various industrial and construction applications.
• BSRM Wires Wire manufacturing product line from the Mirsharai, Chattogram unit producing galvanized wire, ACSR core wire, LRPC, Mig Wire, and Welding Electrode with 77,000 tons annual capacity.

Quantifiable outcome

• Zero factory emissions - BSRM is proud to be Zero in factory emissions and effects on environment
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• DanielicoreTechnology or Integration · 1 February 2025Executive Vice President Andrea Diasparro attended the inauguration of BSRM's new steel plant. Danieli is the equipment/technology provider for the state-of-the-art steel manufacturing facility.
• YPSA (Young Power in Social Action)coreStrategic or Co-development Partner · 20 November 2024BSRM has partnered with YPSA since 2013 for community upliftment programs. Recent MoU signed for 'Climate-Smart Agricultural for Sustainable Rural Livelihoods' project in Sitakunda and Mirsharai. Initiatives include livelihood programs, integrated agro projects, warm blanket distribution, and flood relief efforts supporting displaced and landless people.
• The Green Savers AssociationcoreStrategic or Co-development Partner · 10 November 2024MoU signed for 'Future Green Initiative' aimed at promoting urban greenery and fostering environmental awareness. Partnership will engage teachers and students from 15 educational institutions across Dhaka and Chattogram, providing plants, tools, and training to empower communities in climate action.
• Chattogram Imperial College of Nursing (CICN)minorStrategic or Co-development Partner · 31 October 2023MoU signing ceremony to introduce education scholarship and education loan programs for nursing students of CICN, supporting education access and social development.
• BRAC UniversitycoreStrategic or Co-development Partner · 17 November 2022Partnership to rename BRAC University School of Engineering as 'BSRM School of Engineering'. BSRM committed to recruiting world-class faculty, funding cutting-edge research, promoting curriculum innovation, and providing merit-based scholarships including five full-tuition awards for engineering students. Inauguration ceremony held April 30, 2025.
• Laureate GlobalminorImplementation/ SI/ Consulting Partner · 4 October 2022Laureate Global facilitated a workshop named 'Leader's Edge in Accountability towards People' for BSRM leadership development, with Mr. Rahul Dev (Executive Director) and Ms. Priyanka Das (Director of India) as facilitators.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Regional players

• JSW Steel: Major Indian long-steel and rebar producer with strong South Asian distribution; competes indirectly with BSRM via Indian export flows into Bangladesh.

Broad incumbents

• Tata Steel: Global integrated steel giant with a presence in South Asia; comparable on product category (long steel, rebar) and serving similar construction end markets, though at vastly larger scale and broader portfolio.
• Steel Authority of India Limited (SAIL): India's largest state-owned steelmaker producing rebars and structural steel; relevant incumbent benchmark for South Asian rebar pricing and capacity dynamics that affect BSRM's import competition.

Others

• Danieli: Equipment and technology supplier for BSRM's new Mirsharai plant; included as an ecosystem participant given its central role in BSRM's capacity-expansion strategy.

Direct peers

• Abul Khair Steel: One of the largest steel re-rolling manufacturers in Bangladesh, producing MS billet, deformed bars, and angle/channel sections for the same domestic construction and infrastructure customers as BSRM.
• Karnaphuli Steel Re-Rolling Mills (KSRM): Direct Bangladesh rebar and billet competitor with overlapping product portfolio (deformed bars, wire rod) and shared customer base in construction and infrastructure.
• Ratanpur Steel Re-Rolling Mills: Bangladesh steel re-roller with a national distribution footprint and a comparable portfolio of deformed bars and structural sections.
• Anwar Khan Steel and Re-Rolling Mills: Bangladesh-based re-rolling mill producing mild steel deformed bars and billets, operating in the same Chattogram-centered steel cluster as BSRM.
• GPH Ispat: Bangladesh-based integrated steel manufacturer producing billets and deformed bars, competing head-to-head with BSRM in the domestic rebar market.
• Beximco Steel: Diversified Bangladeshi manufacturer of steel products including rebar and structural steel, competing with BSRM across real estate and infrastructure channels.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/c/BSRMsteel
• Facebookfacebook.com/bsrmbangladesh
• LinkedInlinkedin.com/company/bsrmbangladesh
• Instagraminstagram.com/bsrmbangladesh

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bangladesh Steel Re-Rolling Mills