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.
U.S. Steel shares rose after CNBC reported that Cleveland-Cliffs is partnering with Nucor for a possible bid to buy U.S.
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday, Jan. 13, 2025, that ...
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 ...
United States Steel Corp. shares rose after CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a ...
Nucor Corp. (NYSE: NUE) will build a $200 million plant at an existing campus in Utah as the Charlotte steelmaker further ...
Cleveland Cliffs (CLF), another American steelmaker, is collaborating with its peer, Nucor (NUE), on a potential bid for U.S.
Action gives the companies hope that Nippon's acquisition of the Pittsburgh-based steelmaker could still be approved by the ...
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