This is a developing story. Check back for updates. Cleveland Cliffs is partnering with rival Nucor in a potential bid for ...
With the Nippon Steel purchase of U. S. Steel scuttled by presidential decree, might Cleveland-Cliffs join forces with Nucor ...
The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security ...
Cleveland-Cliffs is discussing joining with Nucor on a possible bid for U.S. Steel that is still likely months away from ...
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday, Jan. 13, 2025, that ...
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...
Appealing to Donald Trump's penchant for business dealmaking could provide a lifeline for Nippon Steel Corp.'s seemingly ...
Nippon's offer to buy USS was $14 billion while, according to Cliff CEO Lourenco Goncalves, Cliffs' final bid was $13.8 ...
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.
U.S. Steel ( X 0.41%) has been in the news for months since Japan's Nippon Steel made a generous offer for the iconic ...
Labeling Nippon Steel and Japan as threats to U.S ... Valuing Big River Steel, which could make or break Cliffs' partnership with Nucor. With Washington's political heavyweights weighing inboth ...
Nucor declined to comment. U.S. Steel "remains committed to completing" its merger agreement with Nippon, the company said in a statement Monday. "Only Nippon Steel's partnership will deliver $55 ...