Property worth million was gutted when a fire broke out at Jagadamba Steels’ factory in Simara on Sunday morning.

According to police, the fire was caused by an oil leakage from the factory’s furnace and it has completely destroyed GI wire section of the factory.

Police Inspector Purshottam Khadka said that fire brigades from Birgunj and Hetauda have taken the fire under control. No loss of lives have been reported yet.