Megnha Re-rolling and Steel Mills steel plant

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Megnha Re-rolling and Steel Mills steel plant is a steel plant in Meghna, Chittagong, Bangladesh that operates electric arc furnace (EAF) technology.

Location

The map below shows the exact location of the plant in Meghna, Chittagong, Bangladesh:

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• Location: Cumilla Economic Zone
• Coordinates (WGS 84): 23.585487, 90.648875 (exact)

Background

In August 2024, International FInance Corporation (IFC) announced that it will provide a loan of upto US $100 million to Bangladesh-based Megnha Re-rolling and Steel Mills Limited (MRSML) to build an electric arc furnace-based steel plant with a melting capacity of 1.4 million metric tonnes per annum (mtpa) and a rolling capacity of 0.9 mtpa. M/s Danieli SPA, Italy has been retained to supply and establish the greenfield steel milling and rerolling plant.

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	Power source
2024-08-21	unknown

Table 2: Ownership and Parent Company Information

Parent company	Parent company PermID	Parent company GEM ID	Owner	Owner company PermID	Owner company GEM ID
Meghna Group of Industries Ltd	5001217552	E100000120835	Meghna Re-rolling and Steel Mills Ltd	unknown	E100002005771

Table 3: Process and Products

Steel product category	Steel products	Main production equipment
finished rolled	billet, rebar	EAF

Table 4: Plant-level Crude Steel Production Capacities (thousand tonnes per annum)

¹Please see our Frequently Asked Questions page for an explanation of the different capacity operating statuses.

Capacity operating status1	Electric arc furnace steelmaking capacity	Nominal crude steel capacity (total)
announced	1400	1400

Unit Details

Table 5: Electric Arc Furnace Details

Unit name	Status	Announced date	Furnace manufacturer and model	Current capacity (ttpa)	Current size (tonnes)
unknown EAF (1)	announced	2024-08-21	Danieli SPA DC furnace	1400	150.0

Table 6: Electric Arc Furnace Feedstock Details

Unit name	Scrap-based	% scrap	% other iron
unknown EAF (1)	yes	90.00	10.00

Articles and Resources

Additional data

To access additional data, including an interactive map of steel power plants, a downloadable dataset, and summary data, please visit the Global Iron and Steel Tracker on the Global Energy Monitor website.