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The plant was taken over by the government in 1881 and renamed Barakar Iron Works In 1889 it was taken over by the newly formed Bengal Iron Steel Co In 1892 Martin Company came in as managing agents Around 1904 Bengal Iron Steel Co converted the open top furnaces into closed top furnaces and installed facities for producing steel

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NMDC is the eighth largest iron ore producer in the world as is Tata Steel in its line of business Never before has a miner and a steel company come forward to work together on all fronts — mining steelmaking beneficiation and infrastructure sharing

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Calcutta Dec 23 Tata Steel has decided to acquire an Odisha-based iron ore beneficiation and pellet plant for an enterprise value of Rs 900 crore to secure raw material for its Kalinganagar operations Tata Steel executed definitive agreements to acquire a 100 per cent equity stake in Brahmani

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