Cleveland-Cliffs Secures Canadian Competition Bureau Approval for Stelco Acquisition

Cleveland-Cliffs has obtained clearance from the Canadian Competition Bureau for its acquisition of Stelco. This approval marks a significant step in the process, allowing the company to move forward with the transaction. The acquisition is expected to enhance Cleveland-Cliffs’ position in the market and contribute to its growth strategy. With this regulatory hurdle cleared, the company can focus on integrating Stelco and reaping the benefits of the merger.