Cleveland-Cliffs Inc.’s chief executive officer said improving US steel prices and stronger demand from the American auto industry are taking the pressure off closing a deal with South Korea’s POSCO Holdings Inc.
Cleveland-Cliffs Inc.’s chief executive officer said improving US steel prices and stronger demand from the American auto industry are taking the pressure off closing a deal with South Korea’s POSCO Holdings Inc.
The Cleveland-Cliffs Inc. Cleveland Works steel mill in Cleveland.
The Canadian government has cleared Anglo American Plc’s proposed takeover of Teck Resources Ltd. on national security grounds, the Globe and Mail reported, removing one hurdle for the two companies to combine.
The Canadian government has cleared Anglo American Plc’s proposed takeover of Teck Resources Ltd. on national security grounds, the Globe and Mail reported, removing one hurdle for the two companies to combine.
Attendees ride escalators past Teck Resources Ltd. signage during the Prospectors & Developers Association of Canada (PDAC) conference in Toronto, Ontario, Canada, on Monday, March 2, 2020. While other big conferences have been canceled, including the CERAWEEK summit in Houston which was due to start on March 9, miners declared last week that the show would go on despite the coronavirus -- with vigorous sanitation protocols in place.
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