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Title | WISDRI Signs EP Contract for a Steel-Making Plant with Medium Frequency Induction Furnace in Bangladesh
Date | 2016-09-22

On August 24th, 2016, WISDRI successfully concluded and entered into an EP contract with Kabir group of Bangladesh for its steel-making plant comprising medium frequency induction furnaces, which marks the third time cooperation between the two following the bar mill revamping project and water treatment plant project since last year.

As Kabir family enjoys high reputation in local steel industry, such public recognition as has been and is to be built by WISDRI’ undertaking of these projects will bring about great market benefit. Meanwhile, with the advance of “Belt & Road” Initiative and Bangladesh-China-India-Myanmar Economic Corridor, the iron and steel market of Bangladesh now ushers in a new surge. It is fully believed that, smooth implementation of the above three projects will ensure a solid foundation for the following projects of Kabir as well as market exploration in Bangladesh, which will further promote the sound and rapid globalization of WISDRI.

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