China’s 2025 steel demand to fall 1.5% on year, state research institute says
China's steel consumption in 2024 and 2025 is forecast at 863 million metric tons and 850 million tons, respectively.
Anglo American Plc said it is has received an unsolicited non-binding combination proposal from BHP Group.
The company issued a statement after Bloomberg reported that BHP, the world’s biggest miner, was considering a potential takeover offer for Anglo.
The proposal comprises an all-share offer for Anglo American by BHP and would be preceded by separate demergers by Anglo American of its entire shareholdings in Anglo American Platinum Ltd. and Kumba Iron Ore Ltd. to Anglo American shareholders, Anglo said.
(By Thomas Biesheuvel)
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