Tata Steel seeks Dutch deal as emissions rules squeeze IJmuiden
Chairman N. Chandrasekaran says tougher-than-EU rules make some fixes unviable as Tata Steel negotiates a long-term pathway for its IJmuiden works.
Tata Steel is in talks with the Dutch government and other stakeholders over a long-term pathway for its Netherlands business, where tougher environmental rules are pressuring older steelmaking at IJmuiden, one of Europe's major steel sites, chairman N. Chandrasekaran told shareholders. He said some legacy-asset emission norms had tightened to levels where viable solutions are not currently feasible within accepted regulatory timelines.
Under the first phase of a green-steel plan, Tata Steel Nederland intends to replace one of its two coal-based routes with cleaner installations initially running on natural gas, plus carbon capture, later shifting to biomethane and green hydrogen, cutting CO2 by about 5.4m tonnes a year, rising to 7.2m tonnes. The project is estimated at EUR 4-6.5bn, with the Dutch state offering up to EUR 2bn once a binding agreement is concluded.
The company has also flagged a possible faster closure of Coke and Gas Plants 1 and 2 after the regional environmental agency signalled intent to revoke their permits. Netherlands EBITDA tripled to EUR 267m in FY26.
Source: Press Insider (via Maasmond Maritime press clippings).
