Our Story, Mission & Vision
From a bold vision to become Bangladesh's most trusted steel consortium — rooted in Korean engineering excellence and built for national infrastructure.
HSS Consortium — Brief of Engagements
HSS Consortium officially started operations in September 2023, sourcing various types of steel sheet in coil and importing to Bangladesh to meet the country's steel demand — primarily for development projects.
After import, HSS Consortium distributes steel through multiple sales channels via Dhaka and Chittagong-based traders, manufacturers, and agents. HSS Consortium is also the sole distributor of HANSUNG STEEL from South Korea — a leading Korean steel trader with over 400 shipments from FY 2022–2024, totalling 40,000+ tons of diverse steel products valued at over $30 million.
From the Hazrat Shahjalal International Airport to the Matarbari Deep Sea Port and Power Plant, from furniture to the country's growing transportation sector, our supplied steel can be found everywhere.
Sep 2023
Operations Started
40,000+
Tons Traded (FY22–24)
$30M+
Portfolio Value
400+
Hansung Shipments
600–700T
Annual Import Volume
2 Cities
Dhaka & Chittagong Hubs
Mission & Vision
The principles that drive every shipment, every partnership, and every ton of steel we deliver.
Our Mission
Delivering Steel Excellence to Bangladesh
To source, import, and distribute premium-grade steel products with maximum efficiency and reliability — supporting Bangladesh's infrastructure, manufacturing, and construction sectors with direct access to world-class Korean and Taiwanese steel.
- check_circle Competitive bulk procurement to minimize costs for end-users
- check_circle Advance sales secured before imports arrive at port
- check_circle Direct partnerships with POSCO, Hyundai Steel, and Hansung Steel
- check_circle Reliable supply chain from mill to project site
Our Vision
Establishing Our Own Steel Mill
HSS Consortium has a clear vision to establish its own steel mill — meeting the future demand for high-value steel goods in Bangladesh. Our strife for excellence is continuous as we work toward making Bangladesh self-sufficient in premium steel production.
Long-Term Goal
Reduce Bangladesh's dependence on imported steel by building a domestic high-value steel production facility aligned with Korean metallurgical standards.
Business Policy
Advance Sales Policy
Before any import, HSS Consortium secures confirmed sales channels for each specific batch of steel. We pride ourselves on having a very sustainable and trustworthy sales network — meaning no idle inventory.
Bulk Import Collaboration
To minimize procurement costs, HSS collaborates with other importers to import in bulk. This guarantees more competitive sourcing than individual importers — and savings are passed directly to clients.
Quality Assurance
HSS sources primarily Prime Steel and Secondary Steel (over roll or prime excess) from certified mills. Every product is sourced with full traceability back to the originating Korean or Taiwanese mill.
Regulatory Compliance
All import operations comply fully with Bangladesh trade regulations. LC processing, customs documentation, and VAT obligations are managed in-house by dedicated compliance specialists.
Multi-Channel Distribution
Different steel types have dedicated sales channels. HR Coil goes to major processors; CR Coil to fan manufacturers; GI/GP to pipe and prefab firms; GA and Color Coil to transport and construction sectors.
Continuous Growth
Annual import volumes are steadily increasing from 600–700 tons per fiscal year. HSS reinvests operational learnings and partnerships into expanding product range and market reach.
Our Journey
Sep 2023
HSS Consortium formally established and began steel trade operations in Bangladesh.
FY 2023–24
Secured sole distributor agreement for Hansung Steel (South Korea) in Bangladesh market.
2024
400+ Hansung Steel shipments completed; 40,000+ tons traded; $30M+ portfolio value achieved.
Future
Expanding import volumes, adding product categories, and progressing toward own steel mill establishment.
Learn More About Our Operations
Explore our sourcing strategy, distribution network, or meet the leadership team behind HSS Consortium.