1.20 (0.64%) Tata Steel is ramping up production at its Khondbond iron ore mine in Odisha in order to fuel expansion of the Kalinganagar plant. However, the requirement for coking coal will be met through imports and the company will keep looking for opportunities to bid for fresh leases of coking coal.
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.