Orissa Sponge Iron & Steel has lifted the lock-out with effect from December 30, 2013 following amicable settlement with the Workers Union. The company had earlier on October 14, 2012 declared a lock-out following illegal strike of workmen on October 12, 2012.
Orissa Sponge Iron & Steel is engaged in manufacturing and marketing of iron and steel. The products include sponge iron and MS billets.