BANGLADESH CONTINUES INTEGRATED STEEL PRODUCTION GROWTH WITH GPH PLANNING NEW BILLET AND LONG PRODUCT PLANT
April 1st, 2016
Bangladesh’s GPH Ispat Ltd has announced it is building a major integrated steel plant in south-eastern Chittagong city, as the country’s steel sector continues to develop its billet production capacity. The company says is expecting robust demand for long products and billets enabling their production as the Bangladesh government responds to continuing economic growth by financing public infrastructure projects.
“We see good prospects. The government has undertaken many projects and the progress [of projects] is good. And steel use is increasing,” ...
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