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Iron & Steel

  • CANARA STEEL LTD.

    Incorporated: 1975.
    Regd.Office: Syndicate House, Upendra Nagar,
    Manipal - 576119.
    Factory: Industrial Area
    Baikampady, Mangalore - 575001
    Objects And Activities:
    Manufacture of alloy steel castings, chromium alloy castings, chilled alloy iron rolls, MS Billets, Ingots.

  • Jindal Vijayanagar Steel Ltd.
    PO: Vidyanagar (Toranagallu),
    Sandur Taluk,
    Dist: Bellary,
    Karnataka - 583 275
    Phone : +91 8395 50115 to 50129
    Fax: +91 8395 50138, 50665
    Email: admin.vijayanagar@jvsl.com

    On April 23, 2003 the company announced that they are setting up a slime disposal facility at it Toranagallu factory in Bellary district with an additional investment of Rs 11.76 crore.

  • Karnataka steel industry reels under mining ban

    Reeling under raw material shortages and the extension of a mining ban, the multi-billion dollar Karnataka steel industry is in the doldrums due to continuing uncertainty over iron ore supply to their plants.

    The jittery industry was not even optimistic over the release of 25 million tonne (MT) of iron ore, lying at various mines in the southern state, as the modalities are yet to be worked out.

  • ArcelorMittal signs MoU for steel plant in Karnataka

    ArcelorMittal formally signed a Memorandum of Understanding (MoU) to spend Rs 300 billion ($6.4 billion) to build a six million-tonne-a-year steel plant in Karnataka, on Friday, Jun 4.

    This deal was previously announced in Jan, 2010 by ArcelorMittal, the world's largest steel maker. It was signed on Thursday, Jun 3 at the Global Investors Meet organised by the Karnataka government.

  • ArcelorMittal to set up steel plant in Karnataka

    Arcelormittal, the world’s largest steel company, on Monday said it has approached the Karnataka government for setting up a steel plant in the state. The steel project in Karnataka will be in addition to ArcelorMittal’s existing plans to build steel plants in Orissa and Jharkhand, a company statement said.

    Although the company didn’t disclose any details, television channel ET Now, part of this newspaper, said that ArcelorMittal could be looking at a minimum size of 6 million tonnes. According to industry thumb rule, such a plant would cost about Rs 24,000 crore.

  • KSFC mulls setting up steel park at Koppal
    The state-owned Karnataka State Financial Corporation (KSFC) is actively considering to set up a steel park at Koppal, Deputy Chief Minister B S Yediyurappa said today.

    Talking to newspersons here, he said a detailed project report was being prepared to set up the park, which would add value to the iron ore available abundantly in the area.

  • Electronic, steel, IT industry shows robust growth
    Registering an impressive 20-25 per cent growth in production, Karnataka's Electronics, Steel and IT industry have been buoyant during October 2006 - March 2007, according to a survey by the Confederation of Indian Industry (CII).

    The bi-annual Industry Monitor Survey forecast a robust 25 per cent growth in production for the industries in the State during April-September 2007.