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Cleveland-Cliffs eyes rival bid for US Steel
Cleveland-Cliffs and Nucor Mull Fresh Bid for U.S. Steel
Cleveland-Cliffs is discussing joining with Nucor on a possible bid for U.S. Steel that is still likely months away from happening, according to people familiar with the matter. U.S. Steel had planned to sell itself to Japanese steelmaker Nippon Steel,
Cleveland-Cliffs CEO says he wants to buy U.S. Steel if Nippon deal fails
The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security grounds.
Cleveland-Cliffs, Nucor making joint bid for U.S. Steel: report
Nippon's offer to buy USS was $14 billion while, according to Cliff CEO Lourenco Goncalves, Cliffs' final bid was $13.8 billion. Before Biden killed the Nippon deal, a bipartisan group, including incoming President Donald Trump, also opposed the deal.
4d
on MSN
US Steel Stock Jumps as Cleveland-Cliffs and Nucor Reportedly Mull Joint Bid
KEY TAKEAWAYS U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a ...
Charleston Gazette-Mail
2d
'All-American solution': Bid for U.S. Steel in the works, Nucor part of the deal
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday, Jan. 13, 2025, that ...
4d
American Competitor Signals Possible New Bid for U.S. Steel
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...
devdiscourse
3d
Nippon Steel's U.S. Steel Acquisition Saga: A Diplomatic Business Battle
Nippon Steel is determined to proceed with its acquisition of U.S. Steel despite President Joe Biden blocking the $14.9 ...
4d
on MSN
Biden administration delays enforcing order to kill U.S. Steel-Nippon deal
Action gives the companies hope that Nippon's acquisition of the Pittsburgh-based steelmaker could still be approved by the ...
Crain's Chicago Business
4d
U.S. Steel rises on report of American rivals mulling bid
United States Steel Corp. shares rose after CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a ...
IndustryWeek
14h
Steel in the Spotlight, China's Path to the Panama Canal: IndustryWeek's Weekly Reads
China Saw Opportunity in the Panama Canal as US Interest Dwindled: Over decades, a shift in US military strategy, larger ...
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