The arbitration tribunal upheld the Tata claim that agreement was not validly terminated. On January 5, Tata Steel UK received a partial final award in its favour. Tata Steel, in a statement issued to the stock exchanges in India, said, “Following that partial final award, a commercial settlement to all disputes relating to the offtake agreements was reached and on June 21, Tata Steel completed a full and final settlement of claims with the consortium of former offtakers. As a result of this settlement, Tata Steel has received an aggregate sum of approximately $130 million."
2599
2890
735
1290
649
1240
590
1990
2949
3400
275
799
1300
2600
269
499
9775
13740