Acquirer(s)

  • BlueScope Steel Limited

Target(s)

  • OneSteel Sheet & Coil business from Arrium Limited

Market definition

Please refer to the attached Public Competition Assessment.

Competition analysis

Please refer to the attached Public Competition Assessment.

Public competition assessment

Timeline

Date Event

ACCC commenced review under the Merger Review Process Guidelines.

Closing date for submissions from interested parties. ACCC assessing information provided during market inquiries and consulting with merger parties on any relevant issues or concerns arising.

ACCC requested further information from merger parties.

ACCC received further information from the merger parties. ACCC amended former provisional date for announcement of findings (5 December).

ACCC published a Statement of Issues outlining preliminary competition concerns.

Closing date for submissions relating to Statement of Issues. ACCC assessing information provided during market inquiries and consulting with merger parties on relevant issues or concerns arising.

Draft 87B undertaking proffered by BlueScope.

ACCC commenced market inquiries on draft s87B undertaking.

Closing date for submissions regarding BlueScope's draft s87B undertaking.

ACCC announced it would not oppose the proposed acquisition, subject to a section 87B undertaking accepted by ACCC.