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Will AK Steel be a steal or a raw iron deal for Cliffs?

By January 8, 2020Industry News

Cleveland Cliffs AK Steel Acquisition FreightWaves Freight Intel Group

In episode 10 of Great Quarter, Guys Kevin Hill and Andrew Cox discuss Cleveland-Cliffs pending acquisition of AK Steel. Is Cleveland-Cliffs buying AK Steel as an opportunity to go from a supplier to a producer of steel, or is it a defensive move to bail out a troubled customer?

Then we dive into the Q1 Carrier Outlook and who has the pricing power between shippers and carriers and our long/short segment.