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.
