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