'Chance to get Tata Steel Netherlands back to being a benchmark in Europe'

The Netherlands operation is structurally one of the most competitive assets in the steel industry across peers in Europe

Tata Steel recently announced a major transformation programme at its Netherlands operation that is expected to impact 1,600 jobs. In a video interview, Koushik Chatterjee, executive director and chief financial officer, Tata Steel, discusses with Ishita Ayan Dutt a wide range of issues – from the genesis of the transformation programme to safeguard duty on steel in the domestic market and the India story which is expected to get stronger in a volatile world. Edited excerpts:

 

Tata Steel’s Netherlands operations have always been self-sustaining in contrast to the UK operations. But it appears to have slipped lately, why?

 

The Netherlands