U.S. Steel and Nippon Steel filed a separate lawsuit in the U.S. Court of Appeals in Washington, D.C., against the Biden administration to overturn the order and force a new review that could potentially lead to the deal. The Pittsburgh suit against Cliffs and McCall doesn't have any bearing on that decision.

Cleveland-Cliffs CEO Lourenco Goncalves criticized the deadline extension keeping Nippon Steel's bid to acquire U.S. Steel alive months longer than originally intended.

In the wake of President Joe Biden blocking Nippon Steel's bid to buy U.S. Steel, Cleveland-Cliffs has renewed its offer to become the new owner of the once-mighty steel giant.

There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, worth over $14 billion, citing national security.

"I have a plan, I have an all-American solution in place. The all-American solution centers on people, on workers," said Cleveland-Cliffs CEO Lourenco Goncalves.

Cleveland-Cliffs CEO Lourenco Goncalves on Monday expressed the company's interest in acquiring U.S. Steel at a press conference in Pennsylvania. He also attacked Japan as "evil," claiming that it taught China how to dump, build overcapacity and overproduce.

The renewed expression of interest from Cleveland-Cliffs comes less than two weeks after Mr. Biden blocked a $14 billion takeover of U.S. Steel by Nippon Steel, arguing that the sale posed a ...

The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday

The CEO of Cleveland-Cliffs Inc. (NYSE: CLF) is not holding back in his assessment of lawsuits filed by Nippon Steel and U.S. Steel Corp. that are aimed at salvaging a deal that has been blown up by President Joe Biden and, more broadly, political opposition.

U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the company, whose $14.1 billion buyout by Nippon Steel was recently blocked by President Joe Biden.

The second case, filed in Pennsylvania, alleges that Cleveland-Cliffs, Goncalves and McCall collaborated in a bid to undermine Nippon Steel’s acquisition “as part of a broader illegal campaign ...

Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said Monday that he wanted to make a new bid for U.S. Steel.