Facor Steels Ltd. announced that with reference to the earlier announcement dated January 07, 2013 informing about consensus lock-out at the company's mini steel plant located at MIDC Industrial Estate, Hingna, Road Nagpur, the company has now informed that the company has re-started operations and production at its mini steel plant from August 09, 2013 and phased wise consensus lock-out declared by the company on January 07, 2013 has been lifted. The lock-out was declared by the company due to economic reasons with the support of staff and workers of the company as operating the plant at low order position was resulting into heavy losses for the company. Post lock-out the company's debt has been restructured under the CDR mechanism and its operations have been reorganized enabling the company to restart operations/production in its mini steel plant located in Nagpur, Maharashtra.