Cleveland-Cliffs/AK Steel Acquisition: How the Deal Hurts Steel Sector – Barron’s

Cleveland-Cliffs/AK Steel Acquisition: How the Deal Hurts Steel Sector – Barron’s

Investors might be expected to cheer the latest deal in the embattled steel industry. Consolidation, after all, is usually a positive in commodity-producing industries. Fewer producers, in theory, give an industry more control over supply and demand and, ther…

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Investors might be expected to cheer the latest deal in the embattled steel industry. Consolidation, after all, is usually a positive in commodity-producing industries. Fewer producers, in theory, give an industry more control over supply and demand and, ther…
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