Magnum Steel Industries Limited Information

The legacy of Akij is over half a century old and over the year, Akij has established itself as the full of confidence and much revered industrial family of Bangladesh. Akij is another name for quality, Millions of lives in Bangladesh are already using many popular brands in food and non-food category. Akij has been serving the consumers in the building materials segment since 2002 with it’s flagship brand Akij Cement. Later it also introduced Ready-Mix Concrete & Stone Chips in to the segment. In order to contribute more in the development of the country through the building materials segment, Akij Resources Limited recently invested in the steel industry by acquiring Magnum Steel Industries Limited (MSIL) in 2021. Akij Resources Limited now has an array of solutions to offer in the building materials segment to the consumers which leads to the vision to become a benchmark of customers choice in the category. Steel is the heart of modern civil construction. Steel bars, commonly known as MS Rods in Bangladesh, provide the required reinforcement to concrete, adding strength and support to structures. Ordinary concrete cannot withstand 'lateral' or 'tensile' stress caused by vibrations, earthquakes or such occurrences; hence the importance and necessity of using steel bars. Magnum was established in 2007 to meet the country's growing demand for steel. Our steel bars are used to reinforce concrete in structures such as high-rise buildings, industrial plants, residential blocks, bridges, culverts and flyovers. Led by an elite team of managers and engineers, Magnum's state-of-the-art mill uses machinery from Japan, Europe and other countries to produce the highest quality of products in Bangladesh. You can expect fast delivery of competitively priced steel bars that have been produced in a world class facility by world-class professionals. MSIL will continue to provide quality product to the consumers and innovate to ensure continuous improvement.