22
Jan
15:04
Bangladesh Steel Re-Rolling Mills merges with billet subsidiary
The Bangladesh Steel Re-Rolling Mills board of directors has approved the merger of the company with its subsidiary BSRM Steel Mills Limited with effect from 1 February, Kallanish notes.
BSRM Steel Mills, in which Bangladesh Steel Re-Rolling Mills owns a 44.97% stake, produced 605,726 tonnes of billet in the fiscal year through June 2020 (FY20), down -34% on-year. It supplies Bangladesh Steel Re-Rolling Mills with billet feedstock that is then rolled into rebar. T…
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Anonymous
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