Mostafa-Hakim Group expands steel production capacity
2021-03-08 10:56:27 [Print]
On March 6, Mostafa-Hakim Group launched a new MS rod production facility to expand its annual production capacity by 4 lakh tonnes.
The move comes just four years after the company set up its first fully-automated rebar manufacturing unit called Golden Ispat.
The group invested Tk 1,000 crore to establish the new unit, HM Steel and Industries, in Chattogram's Karnaphuli upazila. HM Steel has the capacity to produce 4 lakh tonnes of billet, the semi-finished product, to produce MS rods, angles, square bars, flat bars and channels.
The move comes just four years after the company set up its first fully-automated rebar manufacturing unit called Golden Ispat.
The group invested Tk 1,000 crore to establish the new unit, HM Steel and Industries, in Chattogram's Karnaphuli upazila. HM Steel has the capacity to produce 4 lakh tonnes of billet, the semi-finished product, to produce MS rods, angles, square bars, flat bars and channels.
