'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.
Nucor Corporation faces headwinds from weak demand in the construction, manufacturing, and automotive sectors. Read why I ...
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...
Enforcement of Biden's order, which mandated the unwinding of the deal within 30 days, has been postponed until June due to ...
Nucor Corp. (NYSE: NUE) will build a $200 million plant at an existing campus in Utah as the Charlotte steelmaker further ...
U.S. Steel ( X 6.75%) has been in the news for months since Japan's Nippon Steel made a generous offer for the iconic ...
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the ...
CEO Lourenco Goncalves is pulling no punches in his pursuit of United States Steel (X). After securing financing from ...
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