BSEC to set up steel mill to check rod prices

Bangladesh Steel and Engineering Corporation has taken initiative to set up a modern and combined steel mill with latest technology in order to make the rod prices stable.
It was disclosed at the 11th meeting of the Parliamentary Standing Committee on Industries Ministry on Thursday, reports UNB.
The meeting was held at the Parliament Bhaban with its chairman Amir Hossain Amu in the chair, said a press release.
In the meeting, the committee was informed that the move for the establishment of the standard factory came as part of modernising Dhaka Steel Works Limited.
The parliamentary watchdog recommended raising the prices of sugarcanes with a view to supporting farmers amid the price-hike of essentials in the market.
The committee will visit Savar tannery industrial estate and Ghorashal Industrial zone within the next one or two months. So, the Industries Ministry was asked to take necessary steps for the visits.
Besides, various other issues such as transformation of the office of Chief Inspector of Boilers into the Directorate of Boiler Engineering, implementation of the government's decision about procuring cars for government officers, the progress in implementation of projects under the Industries Ministry and the sugar industry came up for discussion in the meeting.
Committee members, including Industries Minister Nurul Majid Mahmud Humayun, State Minister Kamal Ahmed Majumder, Abu Reza Mohammad Nezam Uddin Nadwi, Mohammad Shahiduzzaman, Kazim Uddin Ahmed and Parveen Haque Sikder, attended the meeting.