BHP-Anglo American deal raises alarm in Japan’s steel industry 



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

Source link