Which steel company resulted from Tata Steel’s 2007 acquisition of Corus?

Tata Steel Europe resulted from Tata Steel’s 2007 acquisition of Corus.

Tata Steel, part of India’s Tata Group, completed its purchase of Anglo-Dutch steelmaker Corus in 2007 after a bidding contest with CSN of Brazil. The transaction gave Tata Steel a substantial European manufacturing and distribution presence, including major operations in the United Kingdom and the Netherlands.

The acquired business was initially known as Tata Steel Europe, although its plants and products retained local identities and histories. Corus itself had been formed in 1999 through the merger of British Steel and Koninklijke Hoogovens. This means the Tata transaction was part of a longer sequence of consolidation in the global steel industry.

A common mistake is to answer ArcelorMittal, which came from the 2006 combination of Arcelor and Mittal Steel. Tata Steel Europe was a separate deal involving Tata Steel and Corus.