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Published on September 9, 2014
Located in Chittagong, the factory is being built under a 50-50 joint venture inked in December 2013 with Bangladesh's McDonald Steel Building Products Limited, opening up employment opportunities for the local people.
Nippon and McDonald Steel Industries Limited is targeting mid-September to open up the factory with an initial capacity of annual 15,000 tonnes. The company is focusing on the country’s annual demand for steel worth TK 2,000 crore.
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