U.S. Steel, Nucor and Cleveland-Cliffs

Cleveland-Cliffs CEO says he wants to buy U.S. Steel if Nippon deal fails
The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security grounds.
Cleveland-Cliffs and Nucor Mull Fresh Bid for U.S. Steel
Cleveland-Cliffs is discussing joining with Nucor on a possible bid for U.S. Steel that is still likely months away from happening, according to people familiar with the matter. U.S. Steel had planned to sell itself to Japanese steelmaker Nippon Steel,
'All-American solution': Bid for U.S. Steel in the works, Nucor part of the deal
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday, Jan. 13, 2025, that he wanted to make a new bid for U.S. Steel, which accepted the buyout offer from Nippon in 2023 after it rejected an offer by Cleveland-Cliffs.
American Competitor Signals Possible New Bid for U.S. Steel
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.
U.S. Steel rises on report of American rivals mulling bid
United States Steel Corp. shares rose after CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a takeover bid of the iconic American steelmaker.
Cleveland-Cliffs Eyes All-Cash Purchase of U.S. Steel
After Nippon Steel's bid was thwarted by the Biden administration, other American competitors are looking for an acquisition.
Cleveland-Cliffs and Nucor consider joint bid for U.S. Steel
An offer would involve Cleveland-Cliffs acquiring most of U.S. Steel and Nucor taking its so-called mini-mill assets, a source says.
Cleveland-Cliffs CEO renews efforts to purchase U.S. Steel: "I have an all-American solution."
It's a battle over U.S. Steel and the future of steelmaking in the region - with fiery words, the CEO of Cleveland-Cliffs said his company is once again trying to buy the company. "The United States of America,
If Cleveland-Cliffs acquires US Steel, its CEO says the headquarters of the new company would be in Pittsburgh
If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not Cleveland.
Cleveland-Cliffs CEO Speech Holds Some Gems for U.S. Steel Investors
After a takeover by Japan’s Nippon Steel was blocked, a new deal may be gaining traction. The politics of Joe Biden and Donald Trump are center stage.
Cleveland-Cliffs CEO believes U.S. Steel can stand on its own but would benefit from consolidation
Cleveland-Cliffs CEO Lourenco Goncalves said further consolidation of the steel industry would be beneficial for U.S. Steel and Cleveland-Cliffs, as it would result in more economies of scale. U.S. Steel's Clairton Coke Works Plant for instance could supply Cleveland-Cliffs' Indiana Harbor Works and Burns Harbor Works steel mills in Northwest Indiana,
Axios on MSN4d
U.S. Steel stock jumps on report of possible bid from Cleveland-Cliffs and Nucor
U.S. Steel shares rose after CNBC reported that Cleveland-Cliffs is partnering with Nucor for a possible bid to buy U.S.
Why U.S. Steel Stock Soared Today
U.S. Steel ( X 0.41%) has been in the news for months since Japan's Nippon Steel made a generous offer for the iconic ...
Nucor to expand business unit with new $200M facility
Nucor Corp. (NYSE: NUE) will build a $200 million plant at an existing campus in Utah as the Charlotte steelmaker further ...
Why U.S. Steel (X) Stock Is Climbing Today
Cleveland Cliffs (CLF), another American steelmaker, is collaborating with its peer, Nucor (NUE), on a potential bid for U.S.
Oil Prices Are Up, But Oil Stocks Are Not. Why Energy Markets Have Gotten So Unpredictable.
Crude prices are up, in part, on new U.S. sanctions on Russian oil. But sanctions have proven not be a good reason to invest.
The Score: Goldman Sachs, Nvidia, UnitedHealth and More Stocks That Defined the Week
On Wednesday, Goldman Sachs, JPMorgan, Wells Fargo and Citigroup all posted profits that were better than expected. Similar readings came from others during the week, such as Wells Fargo, Morgan ...
IndustryWeek16h
Steel in the Spotlight, China's Path to the Panama Canal: IndustryWeek's Weekly Reads
China Saw Opportunity in the Panama Canal as US Interest Dwindled: Over decades, a shift in US military strategy, larger ...
Nucor price target lowered to $152 from $168 at JPMorgan
JPMorgan lowered the firm’s price target on Nucor (NUE) to $152 from $168 and keeps an Overweight rating on the shares as part of a Q4 earnings ...