Cleveland-Cliffs finalizes $775 million acquisition of Ferrous Processing and Trading Co.
Cleveland-Cliffs finalized a $775 million deal that allows it to enter the scrap business and make more recycled steel.
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Cleveland-Cliffs finalized a $775 million deal that allows it to enter the scrap business and make more recycled steel.
The Cleveland-based steelmaker, one of Northwest Indiana's largest employers, pulled in record profit of $1.3 billion, record revenue of $6 billion and recorded adjusted Earnings Before Interest, Taxes, Depreciation and
The latest earnings reveal some of the crosscurrents in the stock market right now.
The steel stock stunned the market with exceptionally strong third-quarter numbers.
The steel stock stunned the market with exceptionally strong third-quarter numbers.