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Cleveland-Cliffs Acquires ArcelorMittal USA
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Cleveland-Cliffs acquires ArcelorMittal USA for approximately $1.4 billion, positioning itself as a major steel and iron ore pellet producer in North America.
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How might this acquisition impact the competitive landscape of the steel and iron ore pellet industry in North America?
What potential environmental or social implications could arise from Cleveland-Cliffs' increased presence in the steel and iron ore pellet market?
What strategies could Cleveland-Cliffs employ to consolidate its position as a major steel and iron ore pellet producer?
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