Steelmaker Cleveland-Cliffs Inc. announced Dec. 9 it closed its $1.4 billion purchase of ArcelorMittal USA LLC.
Cleveland-Cliffs Inc. buying ArcelorMittal USA for $1.4 billion
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 secures $3.3 million in federal research grants
ArcelorMittal’s research in developing processes to use less energy in steel production secured a major boost.
ArcelorMittal wins supplier excellence awards from General Motors
Steel maker ArcelorMittal has landed industry honors from General Motors.
Steel Dynamics buying 75 percent stake in United Steel Supply
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. […]