This is a developing story. Check back for updates. Cleveland Cliffs is partnering with rival Nucor in a potential bid for ...
U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the ...
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday, Jan. 13, 2025, that ...
Cleveland-Cliffs is discussing joining with Nucor on a possible bid for U.S. Steel that is still likely months away from ...
An all-American bid for U.S. Steel is shaping up to push Nippon out. But the problem is the new bid is much weaker, and it ...
The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security ...
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...
US Steel ( NYSE: X) jumped 8% amid a report that Cleveland-Cliffs ( CLF) is partnering with Nucor Corp. ( NUE) for a ...
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.
Action gives the companies hope that Nippon's acquisition of the Pittsburgh-based steelmaker could still be approved by the ...
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 ...
US steel companies Cleveland-Cliffs and Nucor are preparing a joint proposal to potentially acquire US Steel after the White House blocked a takeover by Japan's Nippon Steel, CNBC reported Monday.