Steelmaker Cleveland-Cliffs on Monday indicated interest in acquiring U.S. Steel, less than two weeks after President Joe Biden blocked Japan-based Nippon Steel’s bid to buy the embattled ...
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 ...
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 ...
Cleveland-Cliffs expects to bounce back from a tough year for steel in 2024, with orders already showing signs of improving and benefits expected to flow through from the White House's sweeping ...