Nucor Corp.’s Towers & Structures business unit on Jan. 9, 2025, said it will build a $200 million utility structures ...
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 ...
The plant will bring in steel plate and sheet from Nucor steel mills by rail freight. “Nucor has been doing business in Brigham City for more than 40 years and we are excited to expand our existing ...
This is a developing story. Check back for updates. Cleveland Cliffs is partnering with rival Nucor in a potential bid for ...
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 it.
US steel companies Cleveland-Cliffs and Nucor are preparing a joint proposal to potentially acquire US Steel after the White House blocked a takeover by Japan's Nippon Steel, CNBC reported Monday.
Funding from West Virginia will help upgrade infrastructure supporting the recycled-content steel mill Nucor is building in that state. Left to right: West Virginia governor Jim Justice and Nucor Vice ...
U.S. Steel Corp. shares rose after CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a takeover bid of the iconic American steelmaker. Cliffs would purchase all of US Steel ...
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 ...
It will receive plate and sheet products from Nucor steel mills via rail to meet its raw material needs.