8th World Antimony Forum

Jun 11-12, 2020
Guiyang, Guizhou, China

12th Rare Earth Summit

May 18-19, 2020
Hangzhou, Zhejiang, China

11th Aluminum Raw Materials Summit

May 14-15, 2020
Hangzhou, Zhejiang, China

9th Magnesium Summit

TBD
Hangzhou, Zhejiang, China

13th World InBiGeGa Forum

TBD
Hangzhou, Zhejiang, China

7th World Antimony Forum

June 13-14, 2019
Changsha, Hunan, China

7th Refractory & Abrasive Materials Summit 2019

May 23-24, 2019
Qingdao, Shandong, China

10th Aluminum Raw Materials Summit

May 16-17, 2019
Zhengzhou, Henan, China

11th Rare Earth Summit

May 9-10, 2019
Qingdao, Shandong, China

8th Magnesium Summit

April 11-12, 2019
Zhuhai, Guangdong, China

12th World InBiGeGa Forum

March 14-15, 2019
Zhuhai, Guangdong, China

Cleveland-Cliffs to acquire AK Steel in $1.1b deal

2019-12-05 10:17:56   【Print】
US-based Cleveland-Cliffs Inc.Asian Metal CopyrightUS-based Cleveland-Cliffs Inc.Asian Metal Copyright said onTuesday it will acquire all of the issued and outstanding shares of AK Steel Holding Corporation for $1.Asian Metal CopyrightUS-based Cleveland-Cliffs Inc.Asian Metal Copyright1 billion.

Under the terms of the merger agreement, AK Steel's shareholders will receive 0.40 shares of Cleveland-Cliffs common stock for each outstanding share of AK Steel common stock they own.Asian Metal Copyright Cleveland-Cliffs' shareholders will own approximately 68% and AK Steel shareholders will own approximately 32% of the combined company, respectively, on a fully diluted basis.Asian Metal Copyright Cleveland-Cliffs' shareholders will own approximately 68% and AK Steel shareholders will own approximately 32% of the combined company, respectively, on a fully diluted basis.

The transaction will combine Cleveland-Cliffs, North America's largest producer of iron ore pellets, with AK Steel, the producer of flat-rolled carbon, stainless and electrical steel products, to create a vertically integrated producer of value-added iron ore and steel products.

.Asian Metal Copyright Cleveland-Cliffs' shareholders will own approximately 68% and AK Steel shareholders will own approximately 32% of the combined company, respectively, on a fully diluted basis.Asian Metal Copyright