Cleveland-Cliffs announced their acquisition of Stelco is expected to close on Friday
(Cleveland-Cliffs)
In just a couple of days, the merger between Cleveland-Cliffs and Stelco is expected to be finalized.
Cliffs announced Wednesday that it has received the last regulatory and program approvals needed for the acquisition.
The transaction is expected to close on Friday.
Stelco is a Canadian steelmaker with facilities in Ontario. Cliffs has said those will continue to operate under the name Stelco, as a wholly owned subsidiary.