Wednesday, July 13,
Steel mills in Goa are facing acute shortage of iron ore that is mainly sourced from Karnataka. Considering the matter, Goa government has asked Karnataka to lift the ban on supply of iron ore across its borders soon.
State Industries Secretary of Goa T M Balakrishnan has written a letter to his counterpart in Karnataka urging him to lift the ban in force from June 15 this year.
Six industrial units, dealing with production of sponge iron and pig iron, may face closure as they have run out of the high-grade ore that was previously supplied from Bellary, Chitradurga, Sandur and Hospet regions of Karnataka.
“If the ban continues beyond next week, it will lead to closure of these units on account of the halt in supply of raw materials, which may further lead to the loss of employment for a number of people,” Balakrishnan said in the letter.
Goa Chamber of Commerce and Industry (GCCI) Chairman Manguirish Pai Raiker stated that the Goa government is in the process of sorting out the issue.
All the six units in Goa, transport sponge and pig iron to various industries in Karnataka as they are essential raw materials for manufacturing steel. So, Raiker said that Karnataka’s ban will hit back on them, as their own steel industries will face shortage of sponge and pig iron.
Leave a Reply