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Cleveland-Cliffs, Nucor Prepare US Steel Bid
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,
'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 he wanted to make a new bid for U.S. Steel, which accepted the buyout offer from Nippon in 2023 after it rejected an offer by Cleveland-Cliffs.
Cleveland-Cliffs and Nucor Consider Joint US Steel Bid
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 confirmed his interest in the American steelmaker at a press event.
21h
Nucor price target lowered to $152 from $168 at JPMorgan
JPMorgan lowered the firm’s price target on Nucor (NUE) to $152 from $168 and keeps an Overweight rating on the shares as part of a Q4 earnings ...
7d
Nucor to expand business unit with new $200M facility
Nucor Corp. (NYSE: NUE) will build a $200 million plant at an existing campus in Utah as the Charlotte steelmaker further ...
1d
Nucor's Emissions Targets Certified by the Global Steel Climate Council
Nucor Corporation (NYSE: NUE) announced that the Global Steel Climate Council (GSCC) certified the Company's Science-Based Emissions Targets (SBET). The SBET submitted by Nucor, a Founding Member ...
2d
Nucor (NUE): New Buy Recommendation for This Basic Materials Giant
Bank of America Securities analyst Lawson Winder maintained a Buy rating on Nucor (NUE – Research Report) on January 14 and set a price target ...
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 ...
1d
Wedmont Private Capital Lowers Stock Position in Nucor Co. (NYSE:NUE)
Wedmont Private Capital lessened its stake in Nucor Co. (NYSE:NUE – Free Report) by 16.9% in the fourth quarter, according to ...
IndustryWeek
16h
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 ...
4d
Nucor: An Oldie And Still Somewhat Goldie
Nucor Corporation faces headwinds from weak demand in the construction, manufacturing, and automotive sectors. Read why I ...
18h
on MSN
The Ultimate Steel Stock to Buy With $1,000 Right Now
Nucor is one of the largest steel companies in North America. It has a long history of success behind it, highlighted by the ...
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