The Iron Giant: Cleveland-Cliffs Strives for Bigger, Better Things with ArcelorMittal USA Acquisition

SUGAR LAND--September 29, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--With the stroke of a pen, along with $1.4 billion in cash and equities payments to ArcelorMittal S.A. (NYSE:MT) (Luxemburg City, Luxemburg), Cleveland-Cliffs Incorporated (NYSE:CLF) (Cleveland, Ohio) plans to become the largest producer of flat-rolled steel and iron ore pellets in North America.

Within this article: Details of Cleveland-Cliffs' planned acquisition of ArcelorMittal USA