Iron mining and steelmaking firm’s CEO cites sluggish domestic auto sector for lack of demand for American steel.
No matter how dead Nippon Steel’s bid to buy U.S. Steel might look, don’t rule out a victory by the Japanese suitor just yet.
Buying U.S. Steel below $55 or even $10 doesn't change the big picture. This is a special-situation stock operating in a ...
Cleveland-Cliffs is asking a judge to dismiss a U.S. Steel and Nippon Steel that alleges it has conspired with the United Steelworkers union to block their $14.9 billion deal.
United States Steel has become an unlikely darling, with many parties vying for control of the century-old-plus American icon ...
Shares of steel producer Cleveland-Cliffs ( CLF 7.86%) were moving higher today as steel stocks jumped broadly after President Trump said on Sunday that he would impose 25% tariffs on all steel and ...
Cleveland-Cliffs: Strong fundamentals, a vertical model, and tariff protection sustain a Buy rating despite falling steel ...
Cliffs has also expressed interest in making another run for U.S. Steel. “There’s no connection to this with Cleveland-Cliffs, plain and simple,” Kestenbaum said of the proxy battle with U.S ...
It also emboldened Lourenco Goncalves, the pugilistic Cleveland-Cliffs boss, to pursue an unsolicited $7 billion takeover bid in August 2023, which then attracted the Japanese buyer. U.S. Steel ...
Shares of American steel and aluminum producers jumped, after President Trump said he plans to impose 25% tariffs on imports ...
The president’s plan to impose 25 percent tariffs on foreign steel and aluminum could protect U.S. suppliers, while ...
Goncalves has also been aiming to acquire U.S. Steel, which was recently blocked from being bought by Nippon Steel. According to media reports, Cleveland-Cliffs has discussed partnering with Nucor ...