Karnataka wants sufficient supply of iron ore

The state government of Karnataka has sought the intervention of the Centre for sufficient supply of raw material from NMDC Ltd to sponge iron units in the state.

Karnataka Industries Minister R V Deshpande today called on Union Steel Minister Chaudhary Birender Singh and requested him to ensure proper supply from the country’s top iron ore producer.

Speaking to reporters, Deshpande said, “More then 75 per cent of the sponge iron units are shut down due to non-availability of raw material. The issue was discussed in detail with the Steel Minister,”

“Presently, small and medium scale sponge iron units in the state are struggling to survive in the absence of enough supply of raw material. They have also been hit by high power rate and lower prices of finished goods,” he added

Research Desk

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