Cleveland-Cliffs closes on blockbuster ArcelorMittal USA deal, ushering in a new era for Region’s steel mills, U.S. steelmaking – NWI Times

Cleveland-Cliffs, the 173-year-old iron ore mine operator that is becoming America's largest flat-rolled steel producer in North America, has closed on a deal to acquire ArcelorMittal USA for $1.4 billion.

The Cleveland-based company will take over most of ArcelorMittal USA's assets, including its steel mills along the South Shore of Lake Michigan in Northwest Indiana. It will become the new owner of ArcelorMittal Indiana Harbor East and West in East Chicago, ArcelorMittal Burns Harbor in Porter County, ArcelorMittal Riverdale just across the state line in Illinois, and ArcelorMittal's Gary heat treat and rolling facilities inside the Gary Works steel mill.