The Business Standard

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Anwar Group looks beyond slowdown – invests Tk5,000cr

Currently, BSRM has the highest rod production capacity of 16 lakh tonnes per year. The company is also waiting for a new factory with a production capacity of 5 lakh tonnes. BSRM holds about 23%-24% of the local rod market. After BSRM, Abul Khair Group’s AKS Steel has the second highest production capacity of 14 lakh tonnes. Anwar Group is expected to take over AKS Steel as the second largest rod-maker once its new factory opens late-2023.

4h | Economy