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09 Sep
10:35

NSSMC could fight to block BHPB coal dominance

BHP Billiton (BHPB) is by far the largest player on the spot seaborne coking coal market, and is set to get bigger if it gets its hands on Anglo American’s Australian coal mines. Japanese steelmakers, which rely on imports for their raw materials, are increasingly wary of BHPB’s influential position, and are willing to move to block BHPB’s ambitions, reports monitored by Kallanish suggest. A Nippon Steel and Sumitomo Metal Corporation (NSSMC) o…
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