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0.000375375375375434 0.00150150150150147 0.00375375375375381 0.00337837837837837 -0.00563063063063058 -0.00638138138138131 -0.0105105105105104 -0.010518018018018
Stock impact report

Cleveland-Cliffs Completes Acquisition of Stelco [Yahoo! Finance]

Cleveland-Cliffs Inc. (CLF) 
Last cleveland-cliffs inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
acquisition of Stelco Holdings Inc. ("Stelco"). The addition of Stelco enhances Cliffs' position as the largest flat-rolled steel producer in North America, diversifies Cliffs' end-markets and expands its geographical presence in Canada. Stelco will continue operations as a wholly-owned subsidiary of Cliffs, preserving the name and iconic Canadian legacy of the business. Lourenco Goncalves, Chairman, President and CEO of Cliffs, stated: "Today marks a transformative step forward for Cleveland-Cliffs. By bringing Stelco into the Cliffs family, we are building on our commitment to integrated steelmaking and good paying union jobs in North America. This acquisition allows us to further diversify our customer base and lower our cost structure. We are excited about the opportunities this acquisition brings and appreciate the warm welcome we have received from all government officials in Canada. We take our permission to operate very seriously and aim to continue the Stelco legacy with de Show less Read more
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