Portfolio
Shipbreaking
Habib steels was incorporated in 1985 at Shitakundu, Chittagong. The primary function of the company is to procure demolished ocean going vessels for breaking and scraping. This business plays a very important role to the economy of the country. As Bangladesh does not have any natural mines, the steel sector depends largely on scraps. The market of MS Rod, MS Angle, and billets are made from ship scraps.
Habib steels is one of the precursors of ship breaking business in Bangladesh. The growth of our business is always upward and we enjoy a large market share. Presently Habib Group has four ship breaking yards with the capacity of handling 200,000 tons per year.
There is a myth about the environmental hazards relating to this sector. Habib Group profoundly articulates that it maintains environment friendly yard as per international standard. More over, Habib Group assures the safety and welfare to all the employees related to this job.