Steelmaker Cleveland-Cliffs Inc. announced Dec. 9 it closed its $1.4 billion purchase of ArcelorMittal USA LLC.
Steelmaker Cleveland-Cliffs Inc. has entered into a definitive agreement with ArcelorMittal S.A. to buy all operations of ArcelorMittal USA LLC and its subsidiaries in a deal estimated at $1.4 billion.
ArcelorMittal’s research in developing processes to use less energy in steel production secured a major boost.
Steel maker ArcelorMittal has landed industry honors from General Motors.
Steel Dynamics Inc. recently announced it will purchase a majority of the equity interest of United Steel Supply of Austin, Texas United Steel Supply is a distributor of painted Galvalume flat roll steel used for roofing and siding applications, according to Steel Dynamics. United Steel Supply operates a warehouse in Kingsbury, south of La Porte. […]