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


Interview
06 February 2026

Perspectives: Kexim ups emphasis on equity and project fund...

Seung-Hoon Lee is now head of Export-Import Bank of Korea (Kexim’s) investment finance team, having recently been director of the new development finance team in the agency’s...

Video
12 February 2026

Dealmakers: Cenk Olcay Seran, ECC

TXF spoke with Cenk Olcay Seran, director of international development at ECC, to outline the EPC contractor's global footprint, from structuring DFI and ECA-backed debt for...