Cleveland-Cliffs Reportedly In Talks To Buy NLMK's US Plants
Portfolio Pulse from Benzinga Newsdesk
Cleveland-Cliffs is reportedly in talks to acquire NLMK's US plants, according to Bloomberg.
May 28, 2024 | 1:54 pm
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Cleveland-Cliffs is in discussions to acquire NLMK's US plants, which could expand its production capacity and market share in the steel industry.
The acquisition of NLMK's US plants would likely enhance Cleveland-Cliffs' production capabilities and market presence, which is positive for the company's growth prospects.
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