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 ...

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.

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.

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 ...

Joint bid for U.S. Steel assets would have Cleveland-Cliffs acquiring blast furnace mills and Nucor taking over Big River Steel, according to CNBC and Bloomberg. Reports published online are ...

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 ...

Cleveland-Cliffs would purchase all of U.S. Steel for all cash and then sell off the Big River Steel subsidiary to Nucor, sources told CNBC's David Faber. U.S. Steel's headquarters would remain in ...

Cleveland-Cliffs (NYSE: CLF) is collaborating with its rival Nucor (NYSE: NUE) on a potential bid to acquire US Steel (NYSE: X), CNBC reported on Monday. This development follows the Biden ...

US Steel (NYSE:X) jumped 8% amid a report that Cleveland-Cliffs (CLF) is partnering with Nucor Corp. (NUE) for a potential bid for the steelmaker in the high $30s a share in cash. Cliffs ticked ...