Cleveland-Cliffs Continues Steel Consolidation With Purchase of ArcelorMittal

Howard Smith, The Motley Fool

September 28, 2020 at 12:28 PM·2 min read

Cleveland-Cliffs Continues Steel Consolidation With Purchase of ArcelorMittal

Iron-ore mining company Cleveland-Cliffs (NYSE: CLF) took another step in transforming itself into a fully integrated steelmaker with the announcement that it is acquiring the U.S. operations of global steel giant ArcelorMittal (NYSE: AM). In December 2019, Cleveland-Cliffs announced it was purchasing integrated U.S. steel producer AK Steel. Today's announcement makes Cleveland-Cliffs the largest producer of flat-rolled steel in North America.

Yahoo Sports
Former MLB infielder, Little League World Series star Sean Burroughs dies at 43
The seven-year major leaguer collapsed while coaching his son's Little League game on Thursday.
Yahoo Sports
The best RBs for 2024 fantasy football, according to our experts
The Yahoo Fantasy football analysts reveal their first running back rankings for the 2024 NFL season.
Yahoo Sports
Juan Soto’s unapologetic intensity and showmanship are captivating the Bronx and rubbing off on teammates: ‘Literally every pitch is theater’
The 2024 Yankees have rediscovered their bravado and hold the second-best record in the AL, thanks in large part to the superstar outfielder.
Yahoo Finance
The FDIC change that leaves wealthy bank depositors with less protection
Affluent Americans may want to double-check how much of their bank deposits are protected by government-backed insurance. The rules governing trust accounts just changed.
Yahoo Finance
How rich homebuyers are avoiding high mortgage rates
Homebuyers with means are turning to an old strategy to get around a new crop of high mortgage rates: all-cash deals.
Autoblog
Which pickup trucks get the best fuel economy? Here are the tops for gas mileage (or diesel)
Trucks aren't known for being fuel efficient, though times are changing. These are the trucks with the best gas mileage in various segments.
Yahoo Sports
Dolphins owner Stephen Ross reportedly declined $10 billion for team, stadium and F1 race
The value of the Dolphins and Formula One racing is enormous.
Yahoo Sports
Timberwolves coach Chris Finch calls Jamal Murray's heat-pack toss on court 'inexcusable and dangerous'
Murray made a bad night on the court worse during a moment of frustration on the bench.
Yahoo Sports
Tight end rankings for fantasy football 2024
The Yahoo Fantasy football analysts reveal their first tight end rankings for the 2024 NFL season.
Yahoo Sports
Golf’s moment of truth is here, and the sport is badly flailing
Nonexistent negotiations and missed opportunities for reconciliation between the PGA Tour and LIV Golf have the sport stuck in place.
Yahoo Sports
2024 Fantasy Football Mock Draft, 1.0
The Yahoo Fantasy football crew got together for their very first mock draft of 2024. Andy Behrens recaps the results.
Yahoo Finance
Former House Speaker Paul Ryan says he’s not voting for Trump : 'Character is too important'
Ryan says he would be writing in a Republican candidate instead of voting for Donald Trump.
Yahoo Finance
Bud Light sales still falling as Modelo, Coors fight to keep their gains
The competition among beer giants is still brewing.
Engadget
The best budgeting apps for 2024
Budgeting apps can help you keep track of your finances, stick to a spending plan and reach your money goals. These are the best budget-tracking apps available right now.
Yahoo Sports
Is Pacers coach Rick Carlisle right to be upset about officiating in Knicks series and a big-market bias?
Indiana's head coach refused to blame the officiating following Game 1, then looked at the high road two days later and went a step away from nuclear.
Yahoo Sports
Yahoo Fantasy staff's Mock Draft 1.0: Shocking picks are plentiful
Teams have made their big splashes in free agency and made their draft picks, it's time for you to do the same. It's fantasy football mock draft time. Some call this time of year best ball season, others know it's an opportunity to get a leg up on your competition for when you have to draft in August. The staff at Yahoo Fantasy did their first mock draft of the 2024 season to help you with the latter. Matt Harmon and Andy Behrens are here to break it all down by each round and crush some staff members in the process.
Yahoo Sports
Blockbuster May trade by Padres, MVP Ohtani has arrived, Willie Mays’ 93rd birthday & weekend recap
Jake Mintz & Jordan Shusterman discuss the Padres-Marlins trade that sent Luis Arraez to San Diego, as well as recap all the action from this weekend in baseball and send birthday wishes to hall-of-famer Willie Mays.
Yahoo Sports
Please save 'Inside the NBA'
Appreciate 'Inside the NBA' while it's still here, because if this goes away, there may never be anything as good again.
Yahoo Finance
Social Security just passed Medicare as the government's most pressing insolvency risk
An annual government report offered a glimmer of good news for Social Security and a jolt of good news for Medicare even as both programs continue to be on pace to run dry next decade.
Yahoo Finance
Mortgage rates drop for the first time in five weeks with experts adjusting their forecasts
The average 30-year fixed mortgage rate edged back toward 7% this week but remains elevated, prompting housing experts to revise their forecasts for the rest of 2024.

News

Life

Entertainment

Finance

Sports

New on Yahoo

Cleveland-Cliffs Continues Steel Consolidation With Purchase of ArcelorMittal

Recommended Stories

Former MLB infielder, Little League World Series star Sean Burroughs dies at 43

The best RBs for 2024 fantasy football, according to our experts

Juan Soto’s unapologetic intensity and showmanship are captivating the Bronx and rubbing off on teammates: ‘Literally every pitch is theater’

The FDIC change that leaves wealthy bank depositors with less protection

How rich homebuyers are avoiding high mortgage rates

Which pickup trucks get the best fuel economy? Here are the tops for gas mileage (or diesel)

Dolphins owner Stephen Ross reportedly declined $10 billion for team, stadium and F1 race

Timberwolves coach Chris Finch calls Jamal Murray's heat-pack toss on court 'inexcusable and dangerous'

Tight end rankings for fantasy football 2024

Golf’s moment of truth is here, and the sport is badly flailing

2024 Fantasy Football Mock Draft, 1.0

Former House Speaker Paul Ryan says he’s not voting for Trump : 'Character is too important'

Bud Light sales still falling as Modelo, Coors fight to keep their gains

The best budgeting apps for 2024

Is Pacers coach Rick Carlisle right to be upset about officiating in Knicks series and a big-market bias?

Yahoo Fantasy staff's Mock Draft 1.0: Shocking picks are plentiful

Blockbuster May trade by Padres, MVP Ohtani has arrived, Willie Mays’ 93rd birthday & weekend recap

Please save 'Inside the NBA'

Social Security just passed Medicare as the government's most pressing insolvency risk

Mortgage rates drop for the first time in five weeks with experts adjusting their forecasts