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Bid for U.S. Steel in works, Nucor part of deal
Cleveland-Cliffs partners with Nucor to potentially bid for US Steel, CNBC reports
Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, CNBC reported on Monday, citing sources. According to the report, Cleveland-Cliffs would purchase U.S. Steel in an all-cash deal and then sell the company's Big River Steel subsidiary to Nucor.
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.
Nucor could be part of Cliffs’ next US Steel bid, reports say
Joint bid for U.S. Steel assets would have Cleveland-Cliffs acquiring blast furnace mills and Nucor taking over Big River Steel, according to CNBC and Bloomberg.
4d
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 ...
4d
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 ...
C&D Recycling
1d
Nucor emissions targets receive GSCC approval
Recycled-content steelmaker sets a target of less than 1 ton of emissions for each ton of steel produced by its hot-rolled ...
IndustryWeek
1d
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 ...
2d
on MSN
Nucor Corporation (NUE): A Bull Case Theory
We came across a bullish thesis on Nucor Corporation (NUE) on Max Dividends’s Substack by Serhio MaxDividends. In this ...
4d
Steel Titans Clash: Cleveland-Cliffs' Bold Bid to Take Over US Steel Sparks Industry-Wide Drama
But the drama doesn't stop there. Goncalves isn't just throwing money aroundhe's weaponizing patriotism. Labeling Nippon ...
5d
Nucor: An Oldie And Still Somewhat Goldie
Nucor Corporation faces headwinds from weak demand in the construction, manufacturing, and automotive sectors. Read why I ...
C&D Recycling
5d
Nucor to expand downstream products capacity
“Nucor has a strong presence in the West, and locating this new facility in Utah positions us to meet growing demand for ...
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