Cleary Gottlieb is representing ArcelorMittal in the sale of certain of its steel cord business in Asia, the United States and Europe to Kiswire Ltd., a Korean steel cord manufacturer and distributor. The transaction includes the sale of ArcelorMittal’s stake in a Korean steel cord joint venture with Kiswire. The deal was signed on December 9 and is expected to close early in the second quarter of 2014.