Cleveland-cliffs completes acquisition of stelco

Cleveland--(business wire)--cleveland-cliffs inc. (nyse: clf) (“cliffs”) today announced that it has successfully completed its 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 busines.
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