Steelmaker Cleveland-Cliffs on Monday indicated interest in acquiring U.S. Steel, less than two weeks after President Joe Biden blocked Japan-based Nippon Steel’s bid to buy the embattled ...
Cleveland-Cliffs CEO Lourenco Goncalves didn’t directly confirm on Monday that his Cleveland steel company and its competitor Nucor are preparing a bid for U.S. Steel — but he also didn't deny ...
Cliffs' potential bid, first reported by CNBC, appeared aimed at ratcheting up pressure on Nippon Steel, whose imperiled $14.9 billion bid for U.S. Steel was blocked by President Joe Biden in a Jan. 7 ...
Cleveland-Cliffs expects to bounce back from a tough year for steel in 2024, with orders already showing signs of improving and benefits expected to flow through from the White House's sweeping ...
The two steelmakers filed a lawsuit against McCall, rival bidder Cleveland-Cliffs, its CEO Lourenco Goncalves last month "for ...
Nucor may be interested in acquiring parts of U.S. Steel if the $14.9 billion deal for Nippon Steel to purchase U.S. Steel ...
Cleveland-Cliffs reported preliminary 2024 results with a decrease in steel shipments and revenues, and plans to offer $750 ...