Global consortium led by Australia’s BlueScope weighs takeover of embattled Whyalla steelworks

South Australian premier says more than 15 national and international parties have passed final EOI phaseFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralia’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. Continue reading...

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