30. Joint ventures, joint operations and associates

30. Joint ventures, joint operations and associates

Classification

Products

2026 Turnover

Issued capital

Shares held

€m

Number of shares

%

Mexico

Hoogovens Gan Multimedia SA de CV

Joint Venture

Inactive company (in liquidation)

-

-

-

50

The Netherlands

GietWalsOnderhoudCombinatie B.V.

Associate

Maintenance of parts of direct sheet plant

14

Shares of €454

100

50

Hoogovens Court Roll Surface Technologies VOF

Joint Operation

Processing chrome deposit on rolls

4

-

-

50

Laura Metaal Holding B.V.

Joint Venture

Trading and processing of non-prime metal

113

Shares of €454

5,600

49

Wupperman Staal Nederland B.V.

Associate

Purchase, process, refine and sale of steel products and other metal products

255

Shares of €1,000

8,000

30

Tata Steel Ticaret AS

Joint Venture

Sales office

3

Shares of TL1

80,000

50