President Donald Trump on Monday imposed a 25% tariff on one of the Mid-South’s largest exports. All steel and aluminum ...
Cliffs' potential bid, first reported by CNBC, appeared aimed at ratcheting up pressure on Nippon Steel, whose imperiled $14.9 billion bid for U.S. Steel was blocked by President Joe Biden in a Jan. 7 ...
CLF's potential acquisition of US Steel (X) faces significant risks, including high debt levels and uncertain benefits from X's assets like Big River Steel. The current steel market climate is ...
even as Japan-based Nippon Steel's bid to acquire Pittsburgh-based U.S. Steel -- the company that owns Big River Steel in Mississippi County -- sits at a standstill resulting from an ongoing court ...
Cleveland-Cliffs was proposing to purchase U.S. Steel for all cash and to sell the Big River Steel subsidiary to Nucor, the people said at the time. U.S. Steel's headquarters would remain in ...
Cliffs would purchase all of US Steel for cash and then sell off the Big River Steel subsidiary to Nucor, CNBC reported Monday, citing unidentified sources. The offer would be in the high $30s a ...
Last week, Cliffs and Nucor signaled plans to buy U.S. Steel, with Nucor taking the advanced electric arc furnace Big River Steel Works in Arkansas and Cliffs taking the rest. This arrangement ...
Today's reports say that Cliffs would make an all-cash purchase of U.S. Steel and subsequently sell off the Big River Steel subsidiary to Nucor. Nucor reportedly has prior interest in Big River ...