BSRM Steels Mirsarai plant
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BSRM Steels Mirsarai plant, also known as BSRM Steels Melting Plant-2, BSRMSL, BSRM Steels Limited, is a steel plant in Mirsarai, Chittagong, Bangladesh that operates induction furnace (IF) technology.
Location
The map below shows the exact location of the plant in Mirsarai, Chittagong, Bangladesh:
- Location: Kilmurari, Zorargonj, Mirsarai, Chattogram, Bangladesh
- Coordinates (WGS 84): 22.873774, 91.545562 (exact)
Background
In October 2016, BSRM Steels had announced their plans to set up a melting plant at the Mirsarai plant with a capacity of 430 ttpa of MS billets, to be operational within one and a half year.[1] The plant was established in 2017.[2] The new melting unit began commercial operation on 16 April, 2019.[3]
BSRM Steels Ltd has another melting plant in Nasirabad, Chittagong, Bangladesh, set up in 2010 by BSRM Iron and Steel Co. Ltd with an original capacity of 151 ttpa.[4][5] BSRM Iron and Steel Co. Ltd merged with BSRM Steels Limited in 2017.[4]
The company relies on 1.4 million tons of imported steel scrap and remaining sourced locally. The plant also buys direct reduced iron.[6]
On October 04, 2023, Japan International Cooperation Agency (JICA) signed a loan agreement with BSRM Steels Limited (BSRMSL) for private sector investment finance of USD 50 million to fund the construction of an environmentally friendly steel plant, planned by BSRMSL in Mirsharai, Chattogram District.[7][8] In 2021, BSRM announced plans to invest Tk 1,850 crore for setting up of new bar and wire rolling and expansion of melting unit to enhance the capacity of rolling by 600 ttpa and melting by 250 ttpa. The melting plant entered operation operation in 2024.[9][10][11][12] The new re-rolling mill with a capacity of 600 ttpa began operations in Jan 2025.[8][13]
BSRM Steels Ltd has another plant at Baizid Bostami Road, Nasirabad Industrial Area, Chattogram with a capacity of 250 ttpa.[14]
An extensive environmental impact report conducted by JICA for the 2024 melting plant expansion detailed potential environmental and social challenges including air quality, water usage, and effects on local wildlife and nearby communities. It especially cautioned the company to identify a source of water apart from groundwater, given the "huge" amount of water the plant would use.[15]
The Chittagong shipbreaking yards, known as the top destination in the world for end-of-life ships, where workers rip apart hundreds of vessels in dangerous conditions and with heavy pollution risks, are located near this plant.[16] Shipbreaking supplies 80%-90% of the scrap steel for the Bangladeshi steel industry.[17] This company has been tangentially linked to the shipbreaking yards, and likely sources all or most of its scrap steel there.[18]
Ownership Tree
This ownership tree is part of the Global Energy Ownership Tracker, a project of Global Energy Monitor.
Plant Details
Table 1: General Plant Details
| Announced date | Start date | Workforce size | Power source |
|---|---|---|---|
| 2016[19] | 2019[20] | 1250[21] | unknown |
Table 2: Ownership and Parent Company Information
| Parent company | Parent company PermID | Parent GEM entity ID | Owner | Owner company PermID | Owner GEM entity ID |
|---|---|---|---|---|---|
| BSRM Steels Ltd [100.0%] | 4298133733 [100.0%] | E100000130854 [100.0%] | BSRM Steels Ltd [100%][22] | 4298133733 | E100000130854 [100%] |
Table 3: Process and Products
| Steel product category | Steel products | Steel sector end users | ISO 14001 | ISO 50001 | Responsible steel | Main production equipment |
|---|---|---|---|---|---|---|
| semi-finished, finished rolled[23] | billet, rod[23] | automotive, building and infrastructure, energy, steel packaging, tools and machinery, transport[23] | unknown[23] | unknown[23] | unknown | IF |
Table 4: Plant-level Crude Steel Production Capacities (thousand tonnes per annum)
| Capacity operating status1 | Induction furnace steelmaking capacity | Nominal crude steel capacity (total) |
|---|---|---|
| operating | 770[24][25][26][27][28] | 770[24][25][26][27][28] |
Table 5: Upstream Products Production Capacities (thousand tonnes per annum)
| Sinter | Pellets |
|---|---|
| NF | NF |
Unit Details
Table 6: Induction Furnace Details
| Unit name | Status | Announced date | Start date | Furnace manufacturer and model | Current capacity (ttpa) | Current size |
|---|---|---|---|---|---|---|
| unknown IF (1) | operating[29] | 2016[19] | 2019[20][30] | – | 260[27][24][26] | 50.0 tonnes[26] |
| unknown IF (2) | operating[26] | 2016[19] | 2019[20] | Inductotherm[26] | 260[26] | 50.0 tonnes[26] |
| unknown IF (3) | operating[30] | 2021-10 | 2024[30] | – | 250[26][25][28] | 50.0 tonnes[31][26][28] |
Table 7: Induction Furnace Feedstock Details
| Unit name | Scrap-based | % scrap | % sponge iron (unknown if DRI or HBI) |
|---|---|---|---|
| unknown IF (1) | yes | 90.00[31] | 10.00[31] |
| unknown IF (2) | yes | 90.00[31] | 10.00 |
| unknown IF (3) | yes[31] | 89.00[31][26] | 11.00[31] |
Articles and Resources
Additional data
To access additional data, including an interactive map of steel plants, a downloadable dataset, and summary data, please visit the Global Iron and Steel Tracker on the Global Energy Monitor website.
References
- ↑ Report, Star Business (2016-10-10). "BSRM Steels to set up fourth melting plant". The Daily Star. Retrieved 2023-11-03.
{{cite web}}:|first=has generic name (help) - ↑ "BSRM Plant & Yard Visit" (PDF). Steel Mint Events. 22 September, 2022. Retrieved 03 November, 2023.
{{cite web}}: Check date values in:|access-date=and|date=(help)CS1 maint: url-status (link) - ↑ MarketScreener (2019-04-16). "BSRM Steels Limited Declares the Starting of Commercial Production of its New Melting Unit at Mirsarai -April 16, 2019 at 07:04 am EDT | MarketScreener". www.marketscreener.com. Retrieved 2023-11-03.
- ↑ 4.0 4.1 "A Brief History Of BSRM - Future Startup". 2019-03-10. Retrieved 2024-02-26.
- ↑ "Prospectus of BSRM Ltd" (PDF). SEC. February 2015. Retrieved 26 February, 2024.
{{cite web}}: Check date values in:|access-date=(help)CS1 maint: url-status (link) - ↑ Taylor, Brian (23 May 2021). "The FYI on BSRM". Recycling Today. Retrieved 10 October, 2023.
{{cite web}}: Check date values in:|access-date=(help)CS1 maint: url-status (link) - ↑ "Signing of a loan agreement for the 'Mirsharai Steel Plant Development Project' (Private Sector Investment Finance):Supporting the construction of an environmentally friendly steel plant in Bangladesh ｜ News & Media - JICA". www.jica.go.jp. Retrieved 2023-11-03.
- ↑ 8.0 8.1 Express, The Financial. "BSRM Steels to open new plant in Jan, expects a boost to revenue". The Financial Express. Retrieved 2025-01-15.
- ↑ "BSRM Steels to invest Tk 1,850cr to boost production". Business Post BD. 25 October, 2021. Retrieved 10 October, 2023.
{{cite web}}: Check date values in:|access-date=and|date=(help)CS1 maint: url-status (link) - ↑ "Annual report 2021-22" (PDF). BSRM Steels. 06 December, 2022. Retrieved 10 October, 2023.
{{cite web}}: Check date values in:|access-date=and|date=(help)CS1 maint: url-status (link) - ↑ Daily, ViBes (2023-10-24). "➡️ BSRM has taken a nearly Tk 1,900 crore scheme to set up its second re-rolling plant to expand…". Medium. Retrieved 2023-11-03.
- ↑ "Annual Report 2023-2024" (PDF).
{{cite web}}: CS1 maint: url-status (link) - ↑ "Pre-sensitive information" (PDF). BSRM.com. 2024-11-12. Retrieved 2025-01-15.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Independent Auditors' Report" (PDF). BSRM.com. 2024-10. Retrieved 2025-01-15.
{{cite web}}: Check date values in:|date=(help)CS1 maint: url-status (link) - ↑ "Environmental Impact Assessment" (PDF).
{{cite web}}: CS1 maint: url-status (link) - ↑ "Bangladesh: Shipping Firms Profit from Labor Abuse". Human Rights Watch. Retrieved 2025-12-10.
- ↑ "How shipbreaking is contributing to Bangladesh's economy | The Business Standard". www.tbsnews.net. Retrieved 2025-12-10.
- ↑ "Police recover truckload of BSRM scrap from ship-breaking yard".
{{cite web}}: CS1 maint: url-status (link) - ↑ 19.0 19.1 19.2 https://web.archive.org/web/20240229040441/https://www.thedailystar.net/business/bsrm-steels-set-fourth-melting-plant-1296652. Archived from the original on 2024-02-29.
{{cite web}}: Missing or empty|title=(help) - ↑ 20.0 20.1 20.2 https://web.archive.org/web/20240119032256/https://www.marketscreener.com/quote/stock/BSRM-STEELS-LIMITED-20706931/news/BSRM-Steels-Limited-Declares-the-Starting-of-Commercial-Production-of-its-New-Melting-Unit-at-Mirsar-34345695/. Archived from the original on 2024-01-19.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20220112121131/https://www.recyclingtoday.com/article/bsrm-bangladesh-steel-recycling-ferrous-scrap-alihussain/. Archived from the original on 2022-01-12.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20220112121050/https://bsrm.com/contact-us/. Archived from the original on 2022-01-12.
{{cite web}}: Missing or empty|title=(help) - ↑ 23.0 23.1 23.2 23.3 23.4 (PDF) https://web.archive.org/web/20220129220728/https://bsrm.com/wp-content/uploads/2020/12/Directors-Report-BSRM-Steels-2019-20.pdf. Archived from the original (PDF) on 2022-01-29.
{{cite web}}: Missing or empty|title=(help) - ↑ 24.0 24.1 24.2 "Director's Report 2023-24" (PDF). BSRM.com. 2024-11. Archived from the original (PDF) on 2024-12-07. Retrieved 2025-01-15.
{{cite web}}: Check date values in:|date=(help) - ↑ 25.0 25.1 25.2 (PDF). 2023 https://web.archive.org/web/20240221185239/https://bsrm.com/wp-content/uploads/2024/02/Annual-Report-BSRM-Steels-2022-23.pdf. Archived from the original (PDF) on 2024-02-21.
{{cite web}}: Missing or empty|title=(help) - ↑ 26.00 26.01 26.02 26.03 26.04 26.05 26.06 26.07 26.08 26.09 26.10 (PDF) https://www.jica.go.jp/english/about/policy/environment/id/asia/south/a_b_fi/bangladesh/__icsFiles/afieldfile/2024/09/12/MirsharaiSteelPlantConstructionProject_EIAReport.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ 27.0 27.1 27.2 (PDF) https://web.archive.org/web/20240217013453/https://bsrm.com/wp-content/uploads/2023/12/8663_Nov_23_BSRM-Steels-Ltd_Annual-Report_2022-23_Steels_Final_10-12-2023.pdf. Archived from the original (PDF) on 2024-02-17.
{{cite web}}: Missing or empty|title=(help) - ↑ 28.0 28.1 28.2 28.3 https://web.archive.org/web/20231022190659/https://www.thedailystar.net/business/economy/news/bsrm-takes-tk-1900cr-project-expand-production-capacity-3450481. Archived from the original on 2023-10-22.
{{cite web}}: Missing or empty|title=(help) - ↑ https://bsrm.com/investor-relations/bsrm-steels-limited/.
{{cite web}}: Missing or empty|title=(help) - ↑ 30.0 30.1 30.2 (PDF) https://bsrm.com/wp-content/uploads/2024/11/BSRMLTD-AR-2023-24.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ 31.0 31.1 31.2 31.3 31.4 31.5 31.6 https://web.archive.org/web/20221007201422/https://www.fastmarkets.com/insights/infrastructure-projects-will-spark-steel-boom-in-bangladesh. Archived from the original on 2022-10-07.
{{cite web}}: Missing or empty|title=(help)
