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 ...
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 ...
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 ...
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.
United States Steel Corp. shares rose after CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a ...
Development follows the Biden Administration's decision to block Japan's Nippon Steel from taking over US Steel.
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 ...
US Steel's board is sticking to the Nippon deal ... Valuing Big River Steel, which could make or break Cliffs' partnership with Nucor. With Washington's political heavyweights weighing inboth ...
An offer would involve Cleveland-Cliffs acquiring most of U.S. Steel and Nucor taking its so-called mini-mill assets, a ...