MMG Offers Nickel Pig Iron Supply Guarantee to Europe to Address EU Concerns Over Anglo American Brazil Deal

The remedy reframes the deal as a supply-security question for European stainless steel producers rather than a pure consolidation issue, which is the more persuasive framing before the Commission. It also sharpens the stakes: Anglo American's closure warning means a blocked deal could remove the very supply the guarantee is meant to protect. The open question is whether a supply commitment satisfies competition concerns that are typically about market structure, not continuity of supply.