# BSRM Steels opens new steel plant in Mirsharai, Bangladesh

BSRM Steels Limited launched a new steel manufacturing facility in Mirsharai, Chittagong, on February 1, 2025. The plant adds 500,000 metric tons of rebars, 100,000 metric tons of wire rods, and 250,000 metric tons of billets annually. IDCOL disbursed BDT 500 crore to finance the plant.

- Type: New facility
- Announced: 2025-02-01
- Where: Mirsharai, Chittagong, Bangladesh
- Value: $45.4M (5.00B BDT)
- Starts operating: 1 Feb 2025
- Status: completed
- Capacity: 500,000 metric tons of rebars, 100,000 metric tons of wire rods, and 250,000 metric tons of billets annually
- Products: rebars, wire rods, billets
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [BSRM Steels](https://endata.com/companies/80949.md)
- [Infrastructure Development Company Limited (IDCOL)](https://endata.com/companies/82843.md) (investor)

## Sources

- [tbsnews.net](https://www.tbsnews.net/economy/corporates/idcols-game-changing-investment-green-steel-manufacturing-1065371), 2025-02-10: "IDCOL believes that industrial progress and environmental sustainability must go hand in hand."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.