Get to know Karnataka Steels as the #1 Steel Distributor in Bangalore . Our company was founded in 1968, when our founder, MOOLCHAND BHANSALI, noticed there was a gap between industry needs and what suppliers were offering. Since then, we have been growing in both size and reputation at an astonishing rate. We lead the way in customer care and satisfaction, and we strive to provide the very best service to everyone we work with.