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Kalunga Industrial is mostly known for the sponge Iron & Chemical factories. It is main hub for the production of steel & chemicals for the export in Odisha. The city industrial hub of Kalunga, have residence of mainly industrial laborers who work in the factories.
Kalinganagar, Odisha: Mideast Integrated Steel (MISL) MSP Metallics Odisha Steel Plant 2008 Marakuta, Odisha: Orissa Metaliks (OMPL) Orissa Sponge Iron & Steel Limited 1995 Palasponga, Odisha: Orissa Sponge Iron & Steel Limited Nagarnar Steel Plant: 2019: Jagdalpur, Chhattisgarh: NMDC Steel Ltd: Neelachal Ispat Nigam Limited: 1982: Kalinganagar ...
The Barbil–Joda region is the highest iron ore-producing region in the country. The annual output is around 40 million tonnes of lump and fines. State-wise, Odisha is the largest producer of iron ore in the country. It is the basic raw material for sponge iron and steel producers, many of whom who do not have access to captive mines.
The company manufactures and sells sponge iron, mild steel slabs, rails, mild steel, structural, hot rolled plates, iron ore pellets, and coils. [6] Jindal Steel and Power set up the world's first MXCOL plant at Angul, Odisha that uses the locally available and cheap high-ash coal and turns it into synthesis gas for steel making, reducing the ...
Usha Martin (Steel division) in 2019: Tata Sponge Iron Limited, a subsidiary of Tata Steel Limited, acquired the steel business of Usha Martin Limited in 2019 for Rs.4,094 crore. The acquisition involved UMLs 1.0 MnTPA specialty steel plant in Jamshedpur that makes alloy-based long products, a functional iron ore mine, a coal mine under ...
The company produces long product structural steel, ferro alloys, pellet and sponge iron. [6] SMEL got listed at Bombay Stock Exchange and National Stock Exchange of India on 24 June 2021. [7] At the time of its IPO the company used to operate three manufacturing plants located at Sambalpur in Odisha, and Jamuria and Mangalpur in West Bengal. [8]
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As of March 2016, the net worth of Orissa Minerals Development Company Limited is ₹ 834.91 crore (US$98 million). [4] It ranks #6 in the Top 10 Loss Making CPSEs for 2018–19 with a net loss of ₹ 452 crore (US$53 million), as per the list released by the Public Enterprises Survey, Ministry of Heavy Industries and Public Enterprises .