“My understanding is steel consumers, steel customers are much happier with Nippon as the buyer,” Wolfe Research analyst Timna Tanners said at the Tampa Steel Conference.
Nucor acknowledges it was interested in acquiring some of United States Steel's assets, but dropped out of the bidding near the end over concerns about the price.
Transnet Freight Rail’s (TFR) groundbreaking manganese export project entered into with Kalagadi Manganese (Pty) Ltd, has yielded positive rewards for new emerging miner entrants.