MMG's Anglo American deal may divert nickel from Europe, EU warns

Core Viewpoint - MMG's acquisition of Anglo American's Brazilian nickel business may negatively impact European stainless steel production by redirecting ferronickel supplies from Europe, according to EU antitrust regulators [1] Group 1 - MMG is a Hong Kong-listed mining and metals company [1] - The acquisition involves a Brazilian nickel business from Anglo American [1] - EU antitrust regulators have raised concerns regarding the potential impact on European stainless steel production [1]