The sale of AK Steel to Ohio-based Cleveland-Cliffs is expected to happen Friday.
The $3 billion deal will be finalized despite questions about the plant’s future.
Cleveland-Cliffs CEO Lourenco Goncalves said last week that he would shut down the newly-acquired plants in Butler and Zanesville, Ohio unless a loophole was closed in the steel tariffs put in place by President Donald Trump.
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