CommoditiesDeals
09 May 2024, 6:18 pm 1 minute
Reuters exclusively reported that Japanese steelmakers have raised concerns with Australian authorities that BHP Group could become too dominant in the global supply of coking coal if it goes ahead with a takeover of Anglo American.
Market Impact
Steelmakers’ concerns about BHP’s coking coal market power could derail a deal if the Australian giant comes back with a revised bid for Anglo American, after being rebuffed with a $39 billion offer last month.
Article Tags
Topics of Interest: CommoditiesDeals
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Asia
Countries: Japan
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story