Argus has reported that Tata Steel Netherlands has declared force majeure on supply of cold-rolled & hot-dip galvanised steel. Tata Steel Netherlands said “The company has been upgrading cold mill 21 since August to improve surface quality and gauge control, but several problems have extended the outage. This is putting extreme pressure on the IJmuiden supply chain and that it cannot fully meet delivery obligations. The force majeure impacts cold-rolled coil and some hot-dip galvanized. The company deeply regrets the impact this situation has on customers and will continue to explore all options to minimize disruption to customers' operations.”Koninklijke Hoogovens known as Koninklijke Nederlandse Hoogovens en Staalfabrieken until 1996 or Hoogovens was a Dutch steel producer founded in 1918. The IJmuiden steelworks based in IJmuiden, the Netherlands was built between 1920 and 1940, first producing iron, later steel, with hot and cold rolling producing flat products. In the 1960s the company diversified into aluminium production. The company briefly merged its IJmuiden steel plant with German steel company Hoesch from 1972 forming the joint venture Estel but separated in 1982. In 1999, the company merged with British Steel to create the Corus Group steel company. In 2007, Corus Group was purchased by Tata Steel and was renamed Tata Steel Europe in 2010. In 2021, the company was split into a 5 million tonne per year British Tata Steel UK and 7 million tonne per year Dutch Tata Steel Netherlands branch, which fall directly under the Indian parent company Tata Steel and Tata Steel Europe ceased to exist.
Argus has reported that Tata Steel Netherlands has declared force majeure on supply of cold-rolled & hot-dip galvanised steel. Tata Steel Netherlands said “The company has been upgrading cold mill 21 since August to improve surface quality and gauge control, but several problems have extended the outage. This is putting extreme pressure on the IJmuiden supply chain and that it cannot fully meet delivery obligations. The force majeure impacts cold-rolled coil and some hot-dip galvanized. The company deeply regrets the impact this situation has on customers and will continue to explore all options to minimize disruption to customers' operations.”Koninklijke Hoogovens known as Koninklijke Nederlandse Hoogovens en Staalfabrieken until 1996 or Hoogovens was a Dutch steel producer founded in 1918. The IJmuiden steelworks based in IJmuiden, the Netherlands was built between 1920 and 1940, first producing iron, later steel, with hot and cold rolling producing flat products. In the 1960s the company diversified into aluminium production. The company briefly merged its IJmuiden steel plant with German steel company Hoesch from 1972 forming the joint venture Estel but separated in 1982. In 1999, the company merged with British Steel to create the Corus Group steel company. In 2007, Corus Group was purchased by Tata Steel and was renamed Tata Steel Europe in 2010. In 2021, the company was split into a 5 million tonne per year British Tata Steel UK and 7 million tonne per year Dutch Tata Steel Netherlands branch, which fall directly under the Indian parent company Tata Steel and Tata Steel Europe ceased to exist.
