Anglo American is trading 6.5% down at €46.60 after EU regulators prepared a formal statement of objections to its Brazilian nickel-business sale to MMG.
- Reuters reported concerns that the transaction could divert ferronickel from European markets and undermine stainless-steel competitiveness.
- Broader risk-off conditions, elevated oil prices, inflation concerns, and higher yields pressured miners and cyclical equities.
- Bitcoin and Ethereum fell only about 1.5%, so crypto was not the primary driver.