The incident occurred at around 3 PM at Steel Melting Shop (SMS) section of Godavari Ispat Ltd, located in Siltara industrial area under Dharsinwa police station limits.
"One labourer, identified as Mahendra Kashyap (30), a native of Janjgir-Champa district, was killed in the incident while another Ishwar Sahu of Raigarh district sustained injuries," City Superintendent of Police (Urla area) Uttam Chandrvanshi told PTI.
As per preliminary information, the two labourers were working at the SMS section, when the cable which holds the magnetic crane (meant to lift iron slabs) snapped, releasing the heavy crane which crashed on the duo.
On receiving the information, a police team was rushed to the spot and the injured Sahu was admitted to a local hospital.
A death report has been registered by the police and further investigation is on, the SP said.