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On April 25, 2023, Gabriel Cabral, 32, and Sean MacPherson, 56, suffered fatal burns while replacing siding on a quench tower at the Stelco steel mill in Nanticoke.
"By bringing Stelco into the Cliffs family, we are building on our commitment to integrated steelmaking and good paying union jobs in North America.” Some steelmakers use the term “integrated” to ...
Cleveland-Cliffs (CLF) announced that it has successfully completed its acquisition of Stelco Holdings (STZHF). “The addition of Stelco enhances Cliffs’ position as the largest flat-rolled ...
Cleveland-Cliffs led Northeast Ohio's mergers and acquisitions activity for the week by completing its $2.8 billion acquisition of Stelco Holdings. Society Brands leads this week's M&A deals in ...
Just a day after securing antitrust clearance in the United States, Cleveland-Cliffs landed a regulatory green light in Canada for its $2.5 billion acquisition of the Canadian steelmaker Stelco, which ...
Cleveland-Cliffs agreed to buy Canadian steelmaker Stelco Holdings for about $2.8 billion, in the company’s first major move after losing out in its bid for U.S. Steel Corp. last year.
Under the terms of the agreement, Stelco shareholders will receive CAD $60.00 per Stelco common share in cash and 0.454 shares of Cliffs common stock per share of Stelco common stock (or CAD $10. ...
Cleveland-Cliffs Inc. agreed to buy Canadian steelmaker Stelco Holdings Inc. for about $3.85 billion, in the company’s first major move after losing out in its bid for United States Steel Corp. last ...
Stelco ships about 2.6 million net tons of flat-rolled steel each year, most of which is hot-rolled steel for steel service center customers, and employs about 2,400 people, Cleveland-Cliffs said.
Hamilton-based steelmaker Stelco Holdings Inc. is set to be acquired by Cleveland-Cliffs Inc. for $3.4 billion.Stelco said it has agreed to sell all issued and outstanding common shares for $70 per ...
Cliffs and Stelco say the transaction has been structured to provide benefits to and considerations toward Canada that include: maintaining the Stelco name and office presence in Hamilton; committing ...
Cleveland-Cliffs will buy Canadian steelmaker Stelco Holdings for C$3.85 billion ($2.8 billion), it said on Monday, marking its first acquisition since a failed bid for rival U.S. Steel last year.
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