Bangladesh-based Elite Iron & Steel Industries Limited has built two induction furnaces and a modern continuous billet caster in Ghorashal to meet the growing market demand for high quality steel products, according to media reports.
The two induction furnaces have a capacity of 25 mt each. The company will now be able to produce 120,000 mt of billet and 5,000 mt of rebar annually with the continuous billet caster.
In addition, the furnaces and caster have an air pollution control system to capture fumes and smoke released from the scrap melting process, SteelOrbis understands.