{
  "id": 13897316,
  "title": "Tata Steel slips marginally as draft steel policy 2047 puts sector in focus",
  "url": "https://urgent.news/2026/10/12/tata-steel-slips-marginally-as-draft-steel-policy-2047-puts-sector-in",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-12T06:56:50.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/stock-markets/tata-steel-slips-marginally-as-draft-steel-policy-2047-puts-sector-in-focus/article71573962.ece"
  },
  "original_language": "en",
  "account": "Tata Steel experienced a slight decline in its stock price on Monday morning, trading down 0.05 per cent to ₹173.72 on the NSE as of 11:44 AM. The stock, which initially opened higher at ₹174.80, reached an intraday peak of ₹177.25 but ultimately closed lower, with the majority of orders being sell orders, accounting for 63.56 per cent of the order book compared to 36.44 per cent buy orders. A total of 186.42 lakh shares were traded, valued at ₹326.77 crore. The stock's performance has been closely watched following the release of the draft National Steel Policy Vision 2047 by the government, aimed at stakeholder consultation over the weekend. The policy sets ambitious targets for crude steel production capacity at 604 million tonnes, per capita consumption of 302 kg, and export of 45 million tonnes by 2047, essentially doubling the goals set under the current National Steel Policy 2017. The draft places emphasis on high-value steel production, technological advancements, securing raw materials for iron ore and coking coal, and pursuing environmentally sustainable operations, all of which align with Tata Steel's strategic priorities. Despite the potential benefits from the policy, the stock continues to face pressure. Over the past month, Tata Steel's shares have slipped over 4 per cent, and year-to-date, they have declined nearly 4 per cent, although they have seen a modest gain of about 0.66 per cent over the past year. The stock's 52-week high was reached at ₹224.40 in May 2026, while its 52-week low was recorded at ₹160.06 in December 2025.",
  "summary": "The stock touched an intraday high of ₹177.25 before paring gains, with sell orders outweighing buys — 63.56 per cent of the order book was on the sell side versus 36.44 per cent on the buy side.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}