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