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PANOCEAN LIMITED is proud to maintain a partnership with HANDERSON-Cypress, ARATA- Japan, BIZZSOL LLC-USA for procuring following –
Scrap Iron –HMS 1,2
Paper Pulp
Wheat/ rice,
Medical Equipment
Machinery
Spares etc.
HMS is ‘Heavy Melting Scrap’. It is the generic term for most types of heavy steel scrap, normally cut to a size not exceeding 1.5m x 0.5m. It may and will consist of cut lengths of pipe, re-bar, angles, steel poles, H or I beams, ships plate. HMS 1 is the term for heavier scrap which has a density of at least 0.7 tons per cubic meter, whereas HMS 2 would be lighter steel scrap such as thin wall tubing (eg bicycle frames), sheet scrap less than 3.2mm thick and so on. HMS 2 may contain galvanized and blackened steel whereas HMS 1 does not.
Therefore, HMS 1 consists of heavy melting steel scrap containing no galvanized or blackened steel, and having a minimum
thickness of 1/4 inch. Further categories include:
ISRI-200: Pieces no larger than 60 x 24 inches optimized for charging
ISRI-201: Pieces no larger than 36 x 18 inches optimized for charging
ISRI-202: Pieces no larger than 60 x 18 inches optimized for charging.
HMS 2 consists of heavy melting steel scrap containing galvanized or blackened steel, having a minimum
thickness of 1/8 inch. Further categories include:
ISRI-203: Pieces no larger than 60 x 24 inches optimized for charging
ISRI-204: Pieces no larger than 36 x 18 inches optimized for charging. May include automobile scrap
ISRI-205: Pieces no larger than 36 x 18 inches optimized for charging. May include automobile scrap, but
must be free of sheet iron or thin gauge material
must be free of sheet iron or thin gauge material
Steel Industry in Bangladesh
Bangladesh is one of the emerging steel markets and has a growing need for raw materials and semi-finished materials. Bangladesh is one of the Asia’s leading emerging steel markets & has a growing need for raw materials and steelmaking technologies. About 35 mills make billet by importing scrap. Local mills now produce around 60 lakh tonnes of billet annually, enough to manufacture 55 lakh tonnes of high-quality rods. As per estimate of 2018, Bangladesh requires 40 lakh tonnes of scraps to make billet for manufacturing steel and of the sum, 35 lakh tonnes are imported and the rest is collected from ship-breakers ( Source The Daily Star April 06, 2018.
Currently in Bangladesh, the major steel producers Abul Khair and BSRM plan on significantly raising their crude steel production. KSRM, GPH, Anwar, Rani, and SSRM are also expanding.
The GDP growth in Bangladesh is now 7.68%, which is significantly higher that of many other emerging markets. The movement towards a progressive national economy strongly depends on the how construction materials specially steels related industries have evolved and such products are readily available. Presently the market size of this industry is 300 billion dollars in our country.
Please do not hesitate to write to us for any of your needs.
LOgistics
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