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.

Ancora Holdings, a Mayfield Heights-based institutional asset management company and private wealth advisor, is calling on U.S. Steel to drop its merger agreement with Japanese-owned Nippon Steel, end its litigation against the federal government seeking to keep the deal alive and oust its Chief Executive.

If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not Cleveland.

Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday that U.S. Steel CEO David Burritt and the company’s board have prioritized a sale to Nippon because they stand to receive more than $100 million if it goes forward.

The Clean Energy Buyer's Association found that by 2050, the U.S. steel industry will require 10 times as much electricity as it does now.

Cleveland-Cliffs Inc. (NYSE: CLF) ("Cliffs") will announce its full-year and fourth-quarter 2024 earnings results after the U.S. market close on Monday, February 24, 2025.

Cleveland-Cliffs Inc (CLF) stock saw a decline, ending the day at $10.09 which represents a decrease of $-0.18 or -1.75% from the prior close of $10.27. The stock opened at $10.42 and touched a low of $10.

Cleveland-Cliffs CEO Lourenco Goncalves said he wants to make an "all-American solution" bid to save U.S. Steel.

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.

Construction is underway and will continue throughout 2025 on the rehabilitation of the decades-old Armco/AK Steel Research building in Middletown that when completed will be the combined home of several area ceramic refractory plants.

U.S. Steel yesterday disavowed a push from activist investor Ancora Holdings to drop its proposed sale to Japan's Nippon Steel Co. Why it matters: The future of the Pittsburgh icon is in limbo after a proposal to sell the company to Nippon was blocked by then-President Biden four weeks ago,

Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday that U.S. Steel CEO David Burritt and the company's board have prioritized a sale to Nippon because they stand to receive more than $100 million if it goes forward.