January 30, 2015 7:28 AM ET

Metals and Mining

Company Overview of Corus Group Limited

Company Overview

Corus Group Limited manufactures, processes, and distributes steel products in Europe and internationally. It operates in three divisions: Strip Products, Long Products, and Distribution and Building Systems. The Strip Products division offers hot rolled steel strips, and cold rolled and metallic coated steel products; light gauge coated steel for packaging and non-packaging applications; pre-finished steel; plated precision strip products with specialist finishes; and electrical steel and transformer cores. The Long Products division provides plates, sections, wire rods, and semi-finished steel products; railway products and services; special profiles and engineering services; engineering b...

30 Millbank

London,  SW1P 4WY

United Kingdom

Founded in 1988

Phone:

44 20 7717 4444

Fax:

44 20 7717 4455

Key Executives for Corus Group Limited

Executive
Age: 77
Other Professional
Other Professional
Age: 79
Other Professional
Age: 72
Compensation as of Fiscal Year 2014.

Corus Group Limited Key Developments

Tata Steel To Reportedly Divest Corus' Assets

Tata Steel Limited (BSE:500470) is believed to have appointed investment bakers to carry out valuation of some European assets and may be considering to sell UK and Netherlands assets of Corus Group Limited. Tata Steel will retain Corus as a 100% subsidiary. Tata Steel shares were trading down by 1.24% at INR 311.4 on May 21, 2013.

Tata Steel Reportedly To Sell UK Assets

Tata Steel Limited is seeking to sell its U.K. assets, two people with knowledge of the matter said. According to people, selling its U.K. units, part of takeover of Corus Group Limited, would help Tata cut debt, the people said, asking not to be identified as the information is private. Also, another person added that it is also considering selling part of its Australian operations, but the people didn’t specify which of the assets Tata Steel may sell. Charudatta Deshpande, Spokesman for Tata Steel, declined to comment to Bloomberg on a potential sale. Tata Steel fell 0.5% to INR 304.4.

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