04
Jan
11:36
Bangladesh's BSRM to set up Kenya longs JV
BSRM Ltd. plans to invest into a new joint venture long products mill in Kenya under the name BMS Steel, Kallanish learns from the Bangladeshi steelmaker.
The firm is contributing BDT 39 crore ($4.67 million) or 18% of the equity required for the establishment of the new JV company. The balance is being provided by partners from Mauritius and United Arab Emirates who BSRM has not named. These partners do, however, have existing operations in Kenya and other Afri…
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Anonymous
Very good overview of the weekly steel market.
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