Tata Steel Limited (BSE:500470) is working towards making its European business stand on its own, and is “not in a hurry to look for buyers” for the unit, its Managing Director said. The company is also actively looking at various refinancing options for its current high-cost debt, TV Narendran told ET in an interview. “We are not in a hurry to look for buyers…our first objective was to make the European business stand on its own. The Dutch business was always strong enough to stand on their own, and now the UK is also getting better,” Narendran said.