Tata Steel Shares Slip Chrome Demand

  Published 9 months ago

Tata Steel shares drop 2% after a demand letter over ore dispatch shortfall, impacting the metals index.

  • Department of Mines, Jaipur, claims Tata Steel owes 24.11 billion rupees for alleged dispatch shortfall payment
  • Tata Steel disputes the demand, saying it lacks justification, and the company can legally challenge it
  • Despite the drop, Tata Steel is up 25.5% YTD, outperforming the 17.6% rise in the NIFTYMET metals index overall

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