Menu
Home
People
Places
Arts
History
Plants & Animals
Science
Life & Culture
Technology
Reference.org
Tata Steel Europe
open-in-new
<p>Tata Steel Europe Ltd. (formerly Corus Group plc) was a <a href="/facts/Steelmaking/95arHmry">steelmaking</a> company headquartered in <a href="/facts/London/KozCCsy9">London</a>, England, with its main operations in the United Kingdom and the Netherlands. The company was created in 2007, when <a href="/facts/Tata_Group/3rRVuaML">Tata Group</a> took over the British-Dutch Corus Group. </p><p>In 2021, the company was split into a British and a Dutch branch: <a href="/facts/Tata_Steel_Netherlands/A1zzKxuJ">Tata Steel Netherlands</a> (TSN) and Tata Steel UK, both of which fell directly under the Indian parent company <a href="/facts/Tata_Steel/5tx2czEm">Tata Steel</a>. </p><p>Corus Group was formed through the merger of the <a href="/facts/Koninklijke_Hoogovens/A1zzKxuJ">Koninklijke Hoogovens</a> and <a href="/facts/British_Steel_plc/V7kDPIec">British Steel plc</a> in 1999 and was a constituent of the <a href="/facts/FTSE_100_Index/spHl9KWk">FTSE 100 Index</a>. It was acquired by <a href="/facts/Tata_Group/3rRVuaML">Tata</a> of India in 2007, and renamed Tata Steel Europe in September 2010. </p><p>At formation Corus operated steelmaking plants (<a href="/facts/Blast_furnace/DJzUB2EG">blast furnaces</a>) in <a href="/facts/Port_Talbot/UmIdSX2M">Port Talbot</a> and Llanwern, Wales; <a href="/facts/Scunthorpe/f3WXClzX">Scunthorpe</a> and <a href="/facts/Teesside/DWLY4Akg">Teesside</a>, England; and <a href="/facts/IJmuiden/K2bltKX7">IJmuiden</a>, Netherlands, with additional steelmaking facilities in <a href="/facts/Rotherham/4xE35mQv">Rotherham</a>, England (<a href="/facts/Electric_arc_furnace/GgYK6Nz1">electric arc furnace</a>), as well as downstream steel production of both long and flat steel. </p><p>Profitability at the business was affected by the aftermath of the <a href="/facts/Financial_crisis_of_2007%E2%80%9308/qw8n1pSN">Financial crisis of 2007–08</a> (see <a href="/facts/Great_Recession/9LoVUhLf">Great Recession</a>): the Teesside plant was mothballed and sold in 2009/2010; the <a href="/facts/Long_products/LlmLTyqm">long products</a> division including the steelworks at Scunthorpe was sold for a nominal sum to <a href="/facts/Greybull_Capital/tpLfsy8t">Greybull Capital</a> in April 2016. </p>