Tata Steel Europe
 | |
| Formerly | Corus Group plc (1999–2010) |
|---|---|
| Type | Subsidiary |
| Industry | Steel industry |
| Predecessor |
|
| Defunct | 1 October 2021 |
| Fate | Separation |
| Successor |
|
| Headquarters | London, England, UK |
Area served | Europe |
| Key people | Dr. Henrik Adam, Chairman TSE |
| Revenue |  US$2.167 billion (2017) |
| −US$127 million (2016) | |
| Total assets |  US$6.22 billion |
| Total equity | US$2.79 billion |
Number of employees | 21,000 (2017) |
| Parent | Tata Steel |
| Website | tatasteeleurope |
Tata Steel Europe Ltd. (formerly Corus Group plc) was a steelmaking company headquartered in London, England, with its main operations in the United Kingdom and the Netherlands. In 2021, the company was split into a British and a Dutch branch: Tata Steel Netherlands (TSN) and Tata Steel UK, both of which fell directly under the Indian parent company Tata Steel.
Corus Group was formed through the merger of the Koninklijke Hoogovens and British Steel plc in October 1999. A constituent of the FTSE 100 Index, Corus operated steelmaking plants (blast furnaces) in Port Talbot and Llanwern, Wales; Scunthorpe and Hartlepool, England; and IJmuiden, Netherlands, with additional steelmaking facilities in Rotherham, England (electric arc furnace), as well as downstream steel production of both long and flat steel. In August 2006, Corus divested its aluminium rolled products and extrusions businesses to Aleris International, Inc..
In 2007, Corus Group was taken over by the Indian conglomerate Tata Group; it was rebranded as Tata Steel Europe in September 2010. The business' profitability was negatively impacted by the Great Recession, resulting in the Hartlepool plant being mothballed and sold in the late 2000s. During April 2016, the long products division, including the steelworks at Scunthorpe, was sold for a nominal sum to Greybull Capital.