Alihussain Akberali FCA -Chairman BSRM Steels Limited

In 1952, five Indian businessman named Akberali Africawala, Alibhai Africawala, Taherali Africawala, Abdul Hussain Africawala, and Rajabali Africawala, set up the first BSRM steel re-rolling mill of the then East Bengal in Nasirabad, Chittagong. It started its journey with four manual rolling mills. In 1970 the manual rolling mills were replaced with the state-of-the-art Italian built rolling mill. In 1996, the company installed and commissioned their billet casting plant under the name “Meghna Engineering Works Limited”.
In July 2002, BSRM Group incorporated a new company, BSRM Steels Ltd, to fund and operate a turnkey re-rolling mill from Italian supplier Danieli. Construction of the plant began in 2005 on 11 acres just off the Dhaka-Chittagong Highway at Latifpur in Fouzderhat, Chittagong. It was completed at a cost of 3.7 billion Bangladeshi taka (equivalent to $54 million in 2008). The facility began commercial operation in April 2008 with an annual production capacity of 375,000 metric tons. On 18 January 2009, BSRM Steels Ltd was listed on the Dhaka Stock Exchange and Chittagong Stock Exchange. As of 2019, holding company BSRM Ltd retained about 45% of the shares in BSRM Steels Ltd.

BSRM has a subsidiary in Hong Kong named BSRM (Hong Kong) Limited.
The 3rd son of late Akberali A. Africawala Alihussain Akberali was born in 1949. He is the most experienced industrialists in steel sector and a seasoned business entrepreneur; always eager to harness any unexploited opportunity in the industry. He was recognized as CIP from large scale industry sector for ten times. Alihussain is a Chartered Accountant and a Fellow Member of the Institute of Chartered Accountants of Bangladesh (ICAB).
He is also engaged in various social communities like Rotary Club, Ma O Shishu Hospital, Chirayata Shanti Society, Patient Welfare Committee of Chittagong Medical College and Hospital and founded the BSRM Burhani School at Nasirabad, Chittagong which imparts free education to more than 350 underprivileged students. He is also the Vice Chairman of Chittagong Metropolitan Chamber of Commerce and Industry.
“One has to be objective and focused on anything he or she does. That is the key to success. Never give up and keep the work going. There is no shortcut to success and there is no substitute for hard work” says Akberali.
BSRM is the leading steel manufacturing company and one of the prominent corporate houses in Bangladesh. Over the years, BSRM steel products have been chosen solely for building major National landmarks and infrastructures. To name a few, the Padma Bridge, Rooppur Nuclear Power Plant, Hatirjheel Project, Zillur Rahman Flyover, Mayor Hanif Flyover and Shah Amanat Bridge were built with BSRM.
BSRM Xtreme is a product that was introduced when there were no graded steel. It was a major change in the steel industry of Bangladesh. The core driver was the belief in evolution in steel products, which resulted in bringing the first EMF tested rod, the first steel brand that passed 5 million cyclic loading Fatigue testing in the U.K. and conformed to 10 Global standards. With the largest steel producing factory in the country and employing the best technology from Europe, the company maintains volume with uncompromising quality. BSRM is dedicated to providing the best solution for the construction industry. The first ever 50 mm rod was specially designed and rolled for the deep pilling requirements of Padma Bridge. Various specialized products of BSRM are also designed to meet special needs for the construction industry.