In an expansion deal that will mean a more direct market for a key Iron Range taconite producer, Cleveland-Cliffs has agreed to buy another Ohio company, AK Steel Holding, in a $1.1 billion stock deal ...
As an investor, one of my favorite hunting grounds for stock ideas is deals. I’ve written about merger arbitrage. It’s basically betting that Company A will successfully close on an acquisition of ...
Company cites weaker demand and pricing as contributing to its $230 million loss in this year’s third quarter. The CEO of Cleveland-Cliffs says its presence in the automotive sheet steel in the third ...