Cleveland-Cliffs and Nucor Consider Joint US Steel Bid
Cleveland-Cliffs Inc. is partnering with Nucor Corp. to weigh a potential joint bid for United States Steel Corp., according to a person familiar with the matter. Cliffs’ top boss later confirmed his interest in the American steelmaker at a press event.
Nippon Steel rebuts Cleveland-Cliffs' US Steel takeover interest
Cleveland-Cliffs CEO Lourenco Goncalves on Monday expressed the company's interest in acquiring U.S. Steel at a press conference in Pennsylvania. He also attacked Japan as "evil," claiming that it taught China how to dump, build overcapacity and overproduce.
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Cleveland-Cliffs Stock Dips As CEO’s Anti-Japan Rant Adds Fuel to U.S. Steel Bid Controversy: Retail Sentiment SoursShares of Cleveland-Cliffs Inc. (CLF) dropped over 1% in mid-day trading Tuesday following controversial remarks by CEO ...
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 it.
Bank of America Securities analyst Lawson Winder maintained a Hold rating on Cleveland-Cliffs (CLF – Research Report) today. The company’s ...
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The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...
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