News
28 September 2020

Cleveland-Cliffs to buy US assets of ArcelorMittal in $1.4bn deal

In:
Metals and Mining
Region:
Americas

Cleveland-Cliffs, the largest US producer of iron ore pellets, has agreed to buy the US assets of steelmaker ArcelorMittal for about $1.4 billion in cash and shares.The deal will make Cleveland-Cliffs the largest flat-rolled steel producer in North America, and gives ArcelorMittal up to a quarter...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
19 May 2026

lill Global Symposium: Chris Mitman, Acre Impact Capital

On the sidelines of the lill Global Symposium in Oxford this month, TXF spoke with Chris Mitman, a partner at Acre Capital to find out how deployment is going for its Export...

Video
26 May 2026

UKEF’s Reid talks ‘times like these’

UKEF’s Chief Executive, Tim Reid, sat down with TXF in his offices in Horse Guards Road to discuss origination strategies for UK exporters, practical partnerships, defence,...