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

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. The latest deal could result in the merger of U.S. assets of Luxembourg-based ArcelorMittal that are worth between $2 billion and $3 billion with Cleveland-Cliffs, one of the sources said. …read more

Source:: Yahoo Finance

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