Chittagong Ship breaking and recycling Industries started operation in 2008 at Shitakundu, Chittagong. The primary function of the company is to procure demolished ocean going vessels for breaking and scraping. As Bangladesh does not have any natural mines, the steel sector depends largely on scraps. The company Recycling 8-10 old ships of total approximately 85,000 MT every year to recover steel both in form of reusable steel plates sections as well as steel melting scrap apart from lot of valuable items including diesel generators, furniture and metals like copper and aluminum. Propeller scrap.Gunmetal scrap, Cuni scrap , stainless steel scrap etc .