[SMM Stainless Steel Flash] Anglo American’s Brazil nickel sale to MMG faces EU scrutiny over stainless feedstock

Published: Oct 20, 2026 10:20 (GMT+8)

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Anglo American’s roughly $500m sale of its Brazilian nickel business to MMG remains uncertain as the European Commission questions whether EU stainless mills would keep reliable access to ferronickel. Anglo is open to remedies, but if the deal fails the assets could go into care and maintenance, forcing European mills to seek alternative nickel units.

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