When it comes to choosing reliable construction materials, BSRM Rod Price is a key factor for builders and engineers in Bangladesh. Renowned for its unmatched quality and durability, BSRM rods are a trusted choice for constructing strong and long-lasting structures. In this blog, we’ll explore the current BSRM rod price, factors affecting its variation, and why BSRM rods remain the industry favorite.
BSRM (Bangladesh Steel Re-Rolling Mills Ltd.) is a leading steel manufacturing company in Bangladesh, renowned for its high-quality steel products and significant contributions to the nation’s infrastructure development.
History and Evolution
Established in 1952 in Nasirabad, Chittagong, BSRM began its journey with four manual rolling mills. In 1970, these were replaced with a state-of-the-art Italian-built rolling mill, marking a significant technological advancement. The company further expanded in 1996 by installing a billet casting plant under the name “Meghna Engineering Works Limited.” In 2008, BSRM Steels Ltd., a subsidiary, commenced commercial operations with an annual production capacity of 375,000 metric tons.
Product Range
BSRM offers a diverse array of steel products tailored to various construction needs, including:
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Xtreme B500DWR: High-strength steel bars designed for reinforced concrete structures.
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Centura: Specialized steel suitable for specific construction requirements.
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Ultima and Maxima: Products engineered for enhanced durability and performance.
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Square Bar and BSRM Slag: Additional offerings catering to diverse construction applications.
Notable Projects
BSRM’s steel products have been integral to numerous national landmarks and infrastructure projects, such as:
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Padma Bridge: A major infrastructure project in Bangladesh.
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Rooppur Nuclear Power Plant: The country’s first nuclear power facility.
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Hatirjheel Project: An urban development and beautification initiative in Dhaka.
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Mayor Hanif Flyover: A significant overpass in Dhaka improving traffic flow.
BSRM Steel Price as of 2nd January 2025
The construction industry in Bangladesh heavily relies on high-quality steel, and BSRM (Bangladesh Steel Re-Rolling Mills) continues to be a trusted name. As of 2nd January 2025, the price of BSRM Steel stands at 86,500 BDT per ton.
What Influences BSRM Steel Prices?
- Raw Material Costs: Prices of iron ore and scrap metal directly affect the cost of production.
- Market Demand: High construction activity can push up steel prices.
- Energy Costs: Steel manufacturing is energy-intensive, and fluctuating power prices impact production costs.
- Economic Factors: Inflation and currency exchange rates can alter the cost of importing raw materials.
Why BSRM Steel?
- Superior Quality: BSRM steel meets international standards, ensuring strength and durability.
- Variety: BSRM offers steel products catering to various construction needs.
- Reliability: With a proven track record, BSRM steel is a preferred choice for major infrastructure projects.
Is the Current Price Competitive?
Compared to market alternatives, 86,500 BDT per ton is reflective of BSRM’s premium quality and consistent supply chain. While the price might seem higher than some competitors, it ensures long-term value due to enhanced durability and reduced maintenance costs.
Tips for Buying BSRM Steel
- Purchase from Authorized Dealers: Ensure you are getting genuine BSRM products.
- Bulk Discounts: Consider buying in bulk to avail discounts.
- Check Market Trends: Regularly monitor price fluctuations to make informed purchasing decisions.
The current price of BSRM Steel reflects its unparalleled quality and reliability in the construction sector. Whether you are planning a small-scale project or a large infrastructure build, investing in BSRM steel ensures strength, safety, and longevity.
For more updates on BSRM steel prices and construction material trends, stay tuned!