South Australian premier says more than 15 national and international parties have passed final EOI phase

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Australia’s largest steelmaker, BlueScope, is part of an international consortium considering a takeover of the embattled Whyalla steelworks, which was stripped from the control of British industrialist Sanjeev Gupta earlier this year.

A consortium consisting of the Australian steelmaker, Japan’s Nippon Steel, Indian company JSW Steel and South Korean manufacturer POSCO, has submitted a non-binding expression of interest in the South Australian steelworks, BlueScope told shareholders on Monday.

Source: Guardian - World News