Cleveland-Cliffs is discussing joining with Nucor on a possible bid for U.S. Steel that is still likely months away from ...

KEY TAKEAWAYS U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a ...

Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday, Jan. 13, 2025, that ...

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 ...

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

Nippon Steel is determined to proceed with its acquisition of U.S. Steel despite President Joe Biden blocking the $14.9 ...

China Saw Opportunity in the Panama Canal as US Interest Dwindled: Over decades, a shift in US military strategy, larger ...

Nippon's offer to buy USS was $14 billion while, according to Cliff CEO Lourenco Goncalves, Cliffs' final bid was $13.8 ...

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.

Cleveland-Cliffs is preparing a cash bid for U.S. Steel, aiming to sell Big River Steel to Nucor if successful. Nippon Steel's existing $14.9 billion bid was blocked by the Biden administration.

United States Steel Corp. shares rose after CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a ...