The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...

The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security ...

With the Nippon Steel purchase of U. S. Steel scuttled by presidential decree, might Cleveland-Cliffs join forces with Nucor ...

U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the ...

This is a developing story. Check back for updates. Cleveland Cliffs is partnering with rival Nucor in a potential bid for ...

Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday, Jan. 13, 2025, that ...

Action gives the companies hope that Nippon's acquisition of the Pittsburgh-based steelmaker could still be approved by the ...

Cleveland-Cliffs CEO Lourenco Goncalves didn’t directly confirm on Monday that his Cleveland steel company and its competitor Nucor are preparing a bid for U.S. Steel — but he also didn't deny it.

Cliffs examining bid for U.S. Steel in high-$30s per share-source Would then sell Big River Steel mill to partner Nucor-source Follows Biden blocking Nippon Steel's $55 a share cash bid for U.S ...

Cleveland-Cliffs is preparing a cash bid for U.S. Steel, aiming to sell Big River Steel to Nucor if successful. Nippon Steel's existing $14.9 billion bid was blocked by the Biden administration.

After Nippon Steel's bid was thwarted by the Biden administration, other American competitors are looking for an acquisition.

US Steel didn’t respond to requests for comment. Nucor declined to comment. President Joe Biden this month blocked Nippon Steel Corp.’s $14.1 billion takeover of US Steel on national security ...