Deterioration of our infrastructure cannot be totally avoided due to severe conditions to which they are exposed to. A significant number of steel structures, especially bridges, undergoes deterioration due to corrosion as they are situated outdoors and subjected to moisture and other deleterious chemicals. Due to economic and other constraints, replacement of all these deteriorating structures is not feasible. Therefore, their effective rehabilitation is paramount. One of the effective ways to rehabilitate steel structures is with the use of fibre-reinforced polymers (FRP). This paper explores the effectiveness of rehabilitating corroded webs in steel I-shaped beams with unidirectional basalt fibre reinforcement polymer (BFRP) fabric. The structural deficiency was induced to the web of the beam by cutting a circular shaped area out of the web. The section loss was repaired with BFRP fabric using the wet lay-up technique. Overall, seven beams were tested utilizing a 4-point test setup, including a control (undamaged) beam, control corrosion (damaged) beam, and five rehabilitated specimens. Two patterns of rehabilitation were performed by attaching BFRP fabrics in horizontal and vertical orientations. The study concluded that the BFRP fabrics were effective in restoring elastic stiffness, yield load, and ultimate load capacity of rehabilitated beams to that of an undamaged steel beam. The tests also showed that there was a direct correlation between the improvement of structural behaviour and thickness and orientation of the BFRP fabric. Nonlinear finite element analysis was successfully used in this study to determine the optimum pattern of rehabilitation with BFRP fabrics.