GPH Ispat Ltd. Upcoming New Integrated Steel Plant having capacity
GPH Ispat Ltd and Primetal Technologies Austria GmBH (a joint venture of Siemens VAI & Mitsubishi Heavy Industries and partners) have signed the agreement on 19th January signed an agreement at to establish an integrated steel plant having most sophisticated production facilities which will be first of its kind in Bangladesh as well as in Asia Region.
Production Capacity: The state of the art technology will ensure world-class supreme quality products having production facilities including endless continuous casting & rolling for achieving the production of 840,000 MT per annum of liquid steel and out of which 640,000 MT of long products (rebars& sections).
M.S. Billet : 840,000 MT/Year
Rebars and Sections : 640,000 MT/Year
The total production capacity including existing one would be M.S. Billet 1,008,000 MT and Rebars & Sections 760,000 MT.
The state of the art Technology will not only ensure world class products but also reduce the use of power and gas consumption during production. Power consumption would be reduced by 300 KWh/MT and gas consumption would be reduced by 35 Nm3/MT against traditional practices of Bangladesh.
The new technology would also help to save foreign currency by importing HMS as raw materials instead of importing MS Billets, H-Beam, I Beam etc.