[5] In 2016, the company started its expansion project in Sitakunda, Chittagong in association with Primetals Technologies, a joint venture of Siemens VAI and Mitsubishi Heavy Industries & Partners as the equipment supplier.
[12][13] In August 2024, the company announced its plans to issue rights shares to raise BDT 242 crore in order to enhance production capacity and meet the increasing demand both locally and internationally.
[14] In April 2019, Forest department of Bangladesh Government filed a case against GPH Ispat Limited authorities accusing them of destroying the environment by cutting 15,175 ft3 hills and constructing makeshift dams in a protected area, and by stopping the flow of water in the area, changing course and character of the natural stream and damaging biodiversity that caused heavy financial loss.
[17] In August 2023, as per request of the company, the case was transferred to the High Court of Bangladesh, which issued a stay order.
In June 2024, news reports indicated that the company had constructed a concrete dam in the same natural reservoir, despite the stay order from the High Court remaining in effect.