Cleveland-Cliffs is discussing joining with Nucor on a possible bid for U.S. Steel that is still likely months away from ...
The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security ...
Cliffs would purchase all of U.S. Steel for all cash and then sell off the Big River Steel subsidiary to Nucor, sources told ...
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...
Nippon's offer to buy USS was $14 billion while, according to Cliff CEO Lourenco Goncalves, Cliffs' final bid was $13.8 ...
United States Steel Corp. shares rose after CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a ...
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 ...
After Nippon Steel's bid was thwarted by the Biden administration, other American competitors are looking for an acquisition.