Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday, Jan. 13, 2025, that ...
U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the ...
Cleveland-Cliffs offered the company roughly $7.3 billion for a buyout in July 2023, though it was rebuffed. In a lawsuit ...
An all-American bid for U.S. Steel is shaping up to push Nippon out. But the problem is the new bid is much weaker, and it ...
After Nippon Steel's bid was thwarted by the Biden administration, other American competitors are looking for an acquisition.
Cleveland-Cliffs CEO Lourenco Goncalves’ nearly two-hour news conference Monday afternoon was called to mark five years since ...
Cleveland-Cliffs CEO Lourenco Goncalves has lined up financing for a US Steel takeover bid in the $8 billion range, bringing ...
U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential ... in December of that year. The Ohio-based company's initial offer had the ...
(The Center Square) – An Ohio-based company won’t give up on ... the iconic company with the help of North Carolina’s Nucor Steel. This, after President Joe Biden blocked Japanese-owned ...
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the ...
Funding from West Virginia will help upgrade infrastructure supporting the recycled-content steel mill Nucor is building in that state ... content electric arc furnace (EAF) mill along the Ohio River ...