CommoditiesDeals09 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 ImpactSteelmakers’ 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 TagsTopics of Interest: CommoditiesDealsType: Reuters BestSectors: Commodities & EnergyRegions: AsiaCountries: JapanWin Types: ExclusivityStory Types: Exclusive / ScoopMedia Types: TextCustomer Impact: Significant National Story

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