Tata Steel Ltd.

Tata Steel has reportedly re-started production from two of its four iron ore mines, cutting a shortage that had forced the company to import the raw material for the first time. Tata Steel reopened the iron ore mines in Odisha state after a court directed the local government to let the company operate them until a hearing on January 28. Tata Steel produces about 10 million tonnes from the mines in Odisha state.

The company is also close to reopening its top mine Noamundi in neighbouring Jharkhand state. The mine, which has a capacity of 10 million tonnes a year, stopped operations in September pending the renewal of its lease.

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.