U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the company. The news comes after Nippon Steel's $14.1 billion takeover of ...
Shares of US Steel rose more than 10% after the CNBC report, to $37.75 — still well below Nippon Steel’s $55-a-share offer. Cliffs shares climbed as much as 6% while Nucor shares were up as ...
A joint bid for U.S. Steel from two domestic rivals has the potential support of Gov. Josh Shapiro. In a statement to The Center Square on Monday, the governor’s office said Cleveland-Cliffs CEO ...
Cleveland-Cliffs Inc. is partnering with Nucor Corp. to weigh a potential joint bid for United States Steel Corp., according to a person familiar with the matter. Cliffs’ top boss later ...
Mr. Burritt is the president and chief executive of U.S. Steel. This is a pivotal moment for the future of American manufacturing. The United States must make the right decision. U.S. Steel agreed ...
Update: President Biden announced Friday morning he is blocking the U.S. Steel-Nippon Steel deal "to ensure that, now and long into the future, America has a strong domestically owned and operated ...
Ten days after President Joe Biden killed the takeover of U.S. Steel (USS) by Japan's Nippon Steel, Cleveland-Cliffs is again preparing to make a bid — but this time with some help. CNBC reports that ...
Cleveland-Cliffs is partnering with Nucor to weigh a potential joint bid for United States Steel, according to a person familiar with the matter. Cliffs’ top boss later confirmed his interest in ...
TOKYO, Dec 25 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab is seeing support for its proposal to acquire U.S. Steel (X.N), opens new tab in the regions of the United States where steel ...
The Swedish startup Stegra has raised close to $7 billion to produce zero-emissions steel using green hydrogen starting in 2026. As of 2023, nearly 2 billion metric tons of it were being produced ...
To date, 300 teammates have been hired, and there are currently 1,000 contractors onsite building the sheet steel mill in Apple Grove. At peak construction, approximately 2,000 contractors will be ...
The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal. By Alan Rappeport and ...