Stelco ships about 2.6 million net tons of flat-rolled steel annually, primarily hot-rolled steel to service center customers.
Cleveland Cliffs stock down 6% after steel producer says it’s buying Canada’s Stelco in $2.5 billion cash-and-stock deal
Read Next
- ‘Dirty 15’ countries targeted for ‘reciprocal’ duties
- FBI searches homes of Indiana University professor
- Newsmax stock starts trading on NYSE
- AMC bets on premium screens as Hollywood slate boasts blockbusters
- United Microelectronics shares pop on GlobalFoundries deal report
- XTB’s Head of Risk Management Andrzej Przybylsk to step down
- Takes on rivals OpenAI, Anthropic
