Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, a person familiar with the matter told ...
Cliffs would purchase all of U.S. Steel for all cash and then sell off the Big River Steel subsidiary to Nucor, sources told ...
Cleveland-Cliffs Inc. is partnering with Nucor Corp. to weigh a potential joint bid for United States Steel Corp., according ...
US Steel ( NYSE: X) jumped 8% amid a report that Cleveland-Cliffs ( CLF) is partnering with Nucor Corp. ( NUE) for a ...
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.
With the Nippon Steel purchase of U. S. Steel scuttled by presidential decree, might Cleveland-Cliffs join forces with Nucor ...
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 ...
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 ...
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday, Jan. 13, 2025, that ...
United States Steel Corp. shares rose Monday after cable financial news channel CNBC reported that Cleveland-Cliffs Inc. and ...
Nippon's offer to buy USS was $14 billion while, according to Cliff CEO Lourenco Goncalves, Cliffs' final bid was $13.8 ...
Development follows the Biden Administration's decision to block Japan's Nippon Steel from taking over US Steel.