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U.S. Steel, Cleveland-Cliffs

Cleveland-Cliffs could rename, relocate if it acquires U.S. Steel

There is only one Fortune 500 Company with "Cleveland" in its name. Why it matters: Maybe not for long. Driving the news: Cleveland-Cliffs CEO Lourenco Goncalves announced Monday in a rambling two-hour press conference that if a proposed acquisition of U.

Cleveland · 16h

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.

Yahoo · 1d

Cleveland-Cliffs renews effort to purchase U.S. Steel

In a fiery press conference, the Cleveland-Cliffs CEO vowed to renew his efforts to purchase U.S. Steel following the blocking of the sale of the Pittsburgh company to Japan-based Nippon Steel. KDKA's Andy Sheehan has more on this story.

Seeking Alpha on MSN · 1d

Cleveland-Cliffs CEO says he has funding for US Steel deal - Semafor

CEO Lourenco Goncalves said he has the funding for a US Steel (NYSE:X) potential acquisition in the $8 billion range. Goncalves declined to say which banks had committed to financing an offer, the Cliffs CEO told Semafor in an interview published on Tuesday.

New rival bid for US Steel emerging

The Associated Press on MSN · 1d

A new rival bid for US Steel is emerging as the US extends deadline on Nippon’s bid blocked by Biden

The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, now that the Biden Administration pushed back the deadline it imposed for the Japanese steelmaker to abandon its plan to acquire the storied Pittsburgh company.

Hosted on MSN · 15h

Nippon Steel wants to work with Trump administration on US Steel deal, Mori tells WSJ

Japan's Nippon Steel remains interested in working with the incoming administration of Donald Trump to try to seal a takeover of U.S. Steel, its vice chairman Takahiro Mori said an opinion piece in the Wall Street Journal.

Newsweek on MSN · 1d

Biden Extends Deadline for Nippon's US Steel Bid, Keeping Deal Alive

President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.

Bid for U.S. Steel in works, Nucor part of deal

The New York Times · 1d

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.

Arkansas Democrat-Gazette · 1d

Possible takeover bid for US Steel reported

United States Steel Corp. shares rose Monday after cable financial news channel CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a takeover bid of the American steelmaker.

Charleston Gazette-Mail · 8h

'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.

20mon MSN

U.S. Steel contributes $30K to support Bidwell Training Center program

Amid the ongoing saga of its proposed $14.9 billion acquisition by Japanese steelmaking giant Nippon Steel, and with big ...

US Steel spat strengthens case for deal guardrails

A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...

United States Steel Represents A Great Risk To Reward Prospect At Current Pricing

United States Steel's strategic investments position it well for future growth and modernization. See why X stock is a Buy.

Boston Herald9d

Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled

WASHINGTON (AP) — Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition of the Pittsburgh ...

Shapiro could support new U.S. Steel buyout offer

A joint bid for U.S. Steel from two domestic rivals has the potential support of Gov. Josh Shapiro. In a statement to The ...

8hon MSN

Cleveland-Cliffs CEO blames US 'weakness' for keeping Nippon deal alive, putting wrench in rival bid plans

Cleveland-Cliffs CEO Lourenco Goncalves criticized the deadline extension keeping Nippon Steel's bid to acquire U.S. Steel ...

U.S. Steel, Its Merger Blocked, Faces Stark Alternatives

The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it ...

15h

Mon Valley mayor reacts to Cleveland-Cliffs potential bid to buy U.S. Steel

Pete Hegseth quickly proved in his confirmation hearing how unqualified he is to be U.S. defense secretary. DC about to get ...

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U.S. Steel, Cleveland-Cliffs

New rival bid for US Steel emerging

Bid for U.S. Steel in works, Nucor part of deal

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