ArcelorMittal in talks to merge U.S. assets with Cleveland-Cliffs

ArcelorMittal is in talks to merge its U.S. assets, valued between $2 billion and $3 billion, with Cleveland-Cliffs. The deal would follow Cleveland-Cliffs' acquisition of AK Steel for $3 billion in March 2020.

“It would come after Cleveland-Cliffs acquired AK Steel, a U.S. maker of flat-rolled carbon steels, including stainless steel, for $3 billion, including debt, last March.”wallstreetreporter.com

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• wallstreetreporter.comExclusive: ArcelorMittal in talks to merge U.S. assets with Cleveland-CliffsadminSep 27, 2020

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