Tata Steel Gets $130 Mn On Arbitration Pact

<?xml version="1.0" encoding="UTF-8"?><root available-locales="en_US," default-locale="en_US"><static-content language-id="en_US"><![CDATA[<p>Tata Steel said on Wednesday it had received about $130 million as part of an arbitration settlement between its subsidiary and certain third parties relating to the Teesside Cast Products business.<br><br>Earlier this year, the world's No.7 steelmaker said it signed a $469 million agreement to sell some assets of Teesside Cast Products (TCP) to Thailand's SSI.<br><br>TCP, based in the northeast of England, was mothballed a year ago after a consortium of offtakers withdrew from a 10-year supply agreement.<br><br>(Reuters)</p>