GPH Ispat

GPH is the acronym of "God fearing", "Plain living" and "High Thinking". Ispat is the transliteration of the Bengali word ইস্পাত which means Steel.

The company was founded on 17 May 2006 and started its operation in 2008.[6] It was listed as a public limited company in 2012.[5]

In 2016, the company started its expansion project in Sitakunda, Chittagong in association with Primetals Technologies, a joint venture of Siemens VAI and Mitsubishi Heavy Industries & Partners as the equipment supplier. The company invested around US$200 million for the 0.8 MTPY steel manufacturing facility.[7] The new mill will use a Quantum electric arc furnace, a ladle furnace, a three-strand, high-speed continuous billet caster, and a bar and section mill. It will use WinLink Flex technology for rolling mill for the first time in world.[8] The company raised US$154 million from 12 financial institutions for its expansion project in May 2016.[9]

In April 2019, Forest department of Bangladesh Government filed a case against GPH Ispat Limited for constructing a makeshift dam on the stream of a reserve forest in Sitakunda to secure water supply for its new factory.[10] Later on, GPH ispat published a clarification through national dailies. According to them, it was a pre-preparatory work of the rain water harvesting project, not makeshift dam.[11]

• BSRM Steels Limited