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 ...
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...
The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it ...
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 ...
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday, Jan. 13, 2025, that ...
Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, a person familiar with the matter told ...
United States Steel Corp. shares rose after CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a ...
Nippon's offer to buy USS was $14 billion while, according to Cliff CEO Lourenco Goncalves, Cliffs' final bid was $13.8 ...
Cleveland-Cliffs would purchase all of U.S. Steel for all cash and then sell off the Big River Steel subsidiary to Nucor, sources told CNBC's David Faber. U.S. Steel's headquarters would remain in ...