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Cleveland-Cliffs eyes rival bid for US Steel
Cleveland-Cliffs partnering with Nucor on potential bid for U.S. Steel, sources say
Cliffs would purchase all of U.S. Steel for all cash and then sell off the Big River Steel subsidiary to Nucor, sources told CNBC's David Faber. U.S. Steel's headquarters would remain in Pittsburgh under the deal.
Cleveland-Cliffs, Nucor making joint bid for U.S. Steel: report
Nippon's offer to buy USS was $14 billion while, according to Cliff CEO Lourenco Goncalves, Cliffs' final bid was $13.8 billion. Before Biden killed the Nippon deal, a bipartisan group, including incoming President Donald Trump, also opposed the deal.
'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.
5d
Nucor to expand business unit with new $200M facility
Nucor Corp. (NYSE: NUE) will build a $200 million plant at an existing campus in Utah as the Charlotte steelmaker further ...
C&D Recycling
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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 ...
Hosted on MSN
5d
Nucor Towers & Structures Announces Expansion of Footprint
Nucor Corporation NUE has stated that its Towers & Structures unit will construct its third cutting-edge utility structure ...
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