Posted on 31 Mar 2023
Bangladesh-based Elite Steel says it has installed two induction furnaces with 25 tonnes capacity each and a modern continuous billet casting machine in Ghorashal.
With its second unit added, the company will be able to produce 120,000 tonnes/year of billet and 5,000 t/y of rebar.
According to Elite Steel, the expansion comes at a time when Bangladesh’s infrastructure development is growing fast, with an appetite for high-quality steel products.
"Our brand-loyal customers have been asking for this increase in capacity for a while; it is our hope that we can now start servicing their requirements and play an even stronger role as a development partner for infrastructure development in Bangladesh," Elite Steel director Shayaan Seraj says in a note seen by Kallanish.
The new units have an air pollution control system, ensuring the capture of fumes and smoke released from the scrap melting process. Moreover, all wastewater is treated, recycled, and used internally to ensure efficient water consumption, the company adds.
Source:Kallanish
