Cleveland-Cliffs, Inc., is planning to acquire ArcelorMittal USA in a deal valued at $1.4 billion, Hubbard Broadcasting sister station WDIO-TV reported Monday. Cliffs is North America’s largest ...

Essar Steel Minnesota said Monday that it will sell some of the pellets from its now-under-construction taconite plant in Nashwauk to ArcelorMittal USA. The 10-year deal likely will start next year ...

ArcelorMittal North America Holding, a wholly owned subsidiary of ArcelorMittal SA (‘ArcelorMittal’ or ‘the Company’) announces today the conclusion of the sale of its remaining 38.2 million common ...

ArcelorMittal announces that the sale of ArcelorMittal USA to Cleveland-Cliffs for a combination of cash and stock has completed today. Under the terms of the sale, ArcelorMittal has received $505 ...

Cliffs Natural Resources announced Thursday that it will keep its Empire taconite operation in Michigan's Upper Peninsula open beyond the end of this year, when the plant had been scheduled to close.

The global steelmaker lifted its net income in the second quarter of 2025 compared with the first three months and has surpassed its 2024 profit pace. “Section 232 tariffs have also increased costs ...

Analyst Cole Hathorn from Jefferies maintained a Buy rating on ArcelorMittal (0RP9 – Research Report) and keeping the price target at €33.00. Cole Hathorn has given his Buy rating due to a combination ...

ArcelorMittal benefited greatly from its new contract with the United Steel Workers union, which helped drive a $1.1 billion profit in the second quarter. The Luxembourg-based steelmaker posted its ...

ArcelorMittal said Friday that it has concluded the sale of its remaining stake in Cleveland-Cliffs Inc. and that the proceeds will be returned to shareholders via a share buyback. The steelmaker’s ...

Global steel producer still nets $9.3 billion for the full year; predicts better steel industry spreads in 2023. ArcelorMittal produced about 14.6 percent less steel last year compared with 2021.