SS Steel to acquire Saleh Steel

SS Steel, a newly listed company, plans to acquire Saleh Steel Industries with the view to staking a larger claim on the Tk 55,000 crore-industry, in yet another indication of the impending recovery of the Bangladesh economy from the fallout of the global coronavirus pandemic. The 19-year-old steelmaker will invest a total Tk 158.75 crore in Saleh Steel. Of the sum, Tk 24.75