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 ...
President Donald Trump on Monday imposed a 25% tariff on one of the Mid-South’s largest exports. All steel and aluminum ...
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 ...
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 ...
Cleveland-Cliffs (CLF) would purchase all of US Steel (NYSE:X) and would sell Big River Steel to Nucor (NUE), according to a report from CNBC's David Faber on Monday, who cited people familiar ...
United States Steel Corporation (NYSE: NYSE:X), commonly known as U.S. Steel, is a major integrated steel producer with ...
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 ...
US Steel's board is sticking to the Nippon deal for now, but shareholder pressure is building, with the stock sitting at nearly $37 in today's morning. The deal's linchpin? Valuing Big River Steel ...