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BSRM (Steel)

DSE: BSRMLTD

Steel · BSRM

Bangladesh Steel Re-Rolling Mills (BSRM) is a leading Chittagong-based steel manufacturer producing reinforcing steel (rebar) and billets for the construction and infrastructure sectors. It is a major listed industrial group.

Business: Manufacture of MS billets and graded reinforcing bar (rebar) for residential, commercial, and large infrastructure projects, with integrated melting and re-rolling operations.

Market data

Market capitalisation
26,007 mn BDT
Paid-up capital
2,986 mn BDT
Outstanding shares
298,584,626
Last price
87.8 BDT
Listed
2015
Market category
A

Source: Dhaka Stock Exchange, fetched 2026-05

Policy exposure

Scrap and raw-material import dependence with forex exposure Steelmaking here relies on imported scrap and ferro-alloys, so taka depreciation and LC/trade-finance constraints raise rebar prices and feed construction-cost inflation. Source: analysis
High electricity intensity of melting operations Electric-arc steelmaking is power-hungry, so power supply reliability and industrial tariffs are decisive for output, costs, and the firm's competitiveness. Source: analysis
Demand linkage to public infrastructure spending Rebar demand tracks government megaprojects and real estate, tying the firm's fortunes to fiscal policy and the public investment cycle. Source: analysis