THE BLOG
March 27, 2025
Bangladesh is on the verge of a transformative milestone in its steel industry as Bashundhara Multi Steel Industries Ltd (BMSIL) prepares to become the country’s first-ever producer of rebar and wire rod. This development, spearheaded by the Bashundhara Group, represents a major leap forward for Bangladesh’s industrial and economic growth, reducing reliance on imports and positioning the country as a key player in the global steel market.
With an ambitious investment of Tk 150 billion (approximately $1.37 billion USD), BMSIL is set to revolutionize the local steel industry by mid-2026. This cutting-edge steel plant will not only enhance domestic steel production but also boost employment, infrastructure development, and technological advancements in Bangladesh’s manufacturing sector.
March 23, 2025
The iron ore market continues to experience a turbulent ride in 2025, with spot prices rising slightly in mid-March despite ongoing market challenges. The increase comes after months of fluctuating demand, supply chain disruptions, and economic uncertainty driven by global steel production trends and geopolitical factors.
While this slight rise offers a temporary reprieve for producers and traders, analysts predict that iron ore prices will remain under pressure throughout 2025 due to weaker demand, China’s evolving steel output strategy, and seasonal weaknesses in the market.
March 22, 2025
The United Kingdom's steel industry, a cornerstone of its manufacturing sector, is currently grappling with escalating challenges that threaten its competitiveness and sustainability. Among these challenges, soaring electricity prices and international trade tensions, particularly those arising from policies implemented by former U.S. President Donald Trump, have placed immense pressure on the industry. In response, industry leaders are advocating for government intervention to cap energy prices, aiming to level the playing field with European counterparts and safeguard the future of domestic steel production.
March 21, 2025
China has long been a dominant force in global steel production, accounting for more than half of the world’s output. The industry, however, has traditionally relied heavily on coal, making it one of the most significant contributors to carbon emissions worldwide. In a groundbreaking technological advancement, China has reportedly developed a revolutionary steel production method that is 3,600 times faster than conventional methods and does not require coal. This development marks a significant milestone in the global transition toward greener, more sustainable industrial processes.
March 16, 2025
China is home to some of the world’s most prominent aluminium profile manufacturers, catering to industries such as construction, transportation, electronics, and cleanroom applications. These manufacturers have established themselves as leaders in aluminium extrusion, producing high-quality, customizable aluminium profiles with advanced technology and sustainable manufacturing practices.
With China being the world's largest producer and exporter of aluminium products, businesses worldwide rely on Chinese manufacturers for durable, cost-effective, and innovative aluminium solutions. In this blog, we will explore some of the leading aluminium profile manufacturers in China, their key offerings, and what makes them stand out in the global market.
March 15, 2025
Construction sites are among the most hazardous workplaces, with risks ranging from falls, heavy equipment accidents, electrical hazards, and exposure to hazardous materials. Ensuring worker safety is not just a legal requirement but also a fundamental responsibility of employers. One of the most effective ways to safeguard workers is through the proper use of Personal Protective Equipment (PPE).
PPE serves as the last line of defense against workplace hazards and is essential for preventing injuries and fatalities. In this article, we will explore the importance of PPE on construction sites, various types of PPE required, best practices for selection and usage, and general safety measures that should be followed to maintain a secure working environment.