$CLF $AKS $X $SPX $DJIA: Why Cleveland-Cliffs/AK Steel Merger Deal Hurts the Sector

Date: Tuesday, December 3rd, 2019

Stock(s) mentioned: , , , ,

Source: Barron’s (https://www.barrons.com)

Summary: Consolidation is usually a good thing in commodity-producing industries. But steel stocks are getting hammered after Cleveland-Cliffs announced plans to buy AK Steel.

Full article address: https://on.barrons.com/2ONnrgs

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