Tata Steel Australasia Tata Steel Australasia
Tata Steel Australasia
Tata Steel Australasia
Company » Company History

Company History

 

1953
RTSC and Gollin (N.Z.) Ltd was initially incorporated in New Zealand, representing the interests of British steel trader RTSC Exports Ltd and Australasian steel distributor Gollin & Co.

1956
British steel companies RTSC and Baldwins Steel joined forces, and subsequently took over Gollin & Co’s shareholding. Our company name was then changed to Richard Thomas & Baldwins (N.Z.) Ltd.

 

1967
The ‘Iron and Steel Act’ brought into public ownership 90% of British Steelmaking. British Steel Corporation (BSC) was formed from the UK's 14 main steel producing companies. As a result our company name was changed to British Steel Corporation (New Zealand) Ltd.

1988
The 1980’s had seen national steel strikes, mill closures, and major cost & productivity improvements. The heavy losses of a few years before were replaced by significant pre-tax profits. This resulted in the UK Government privatising the British Steel Corporation. Our company name was then changed to British Steel (New Zealand) Ltd.

  1999
As a result of the merger between British Steel and Dutch steel and aluminium producer Koninklijke Hoogovens. the new multi metals company Corus was formed. Our company name was changed to Corus New Zealand Ltd, with the stainless steel division trading as Corus Metals.

2007
April 2007 saw completion of the acquisition of Corus Group by Tata Steel of India (a division of Tata Group, India’s largest private sector employer). The combined resources of Corus and Tata create the world’s 5th largest steel producer, and the 2nd most global steel producer with a combined presence in 45 countries. Our company name remains Corus New Zealand Ltd.
  2010
The introduction of our new name Tata Steel International (Australasia) Ltd was launched in January 2010. The international market interface of Corus is the first division to re-brand to Tata Steel. It is anticipated that our European based production mills will re-brand towards the end of 2010.