its Charlotte-based rival in a bid that will see Cliffs buy USS before selling a subsidiary to Nucor. According to the report, Cliffs would buy USS and sell Big River Steel, based in Arkansas, to ...

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. Cliffs’ top boss later ...

are formulating an offer that would involve Cleveland-Cliffs acquiring most of U.S. Steel and Nucor taking its minimill EAF assets, which are based in Arkansas and operate under the Big River Steel ...

Cleveland-Cliffs is partnering with Nucor to weigh a potential joint bid for United States Steel, according to a person familiar with the matter. Cliffs’ top boss later confirmed his interest in ...

United States Steel Corp. shares rose after CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a takeover bid of the iconic American steelmaker. Cliffs would purchase all of ...

Nucor Steel would end up with U.S. Steel's new mini-mills in Arkansas while Cleveland-Cliffs would take over its integrated steel mills, including Gary Works and the Midwest Plant in Portage.

Nucor CEO Leon Topalian said steel demand softened throughout 2024 but noted that market conditions were starting to improve. Average sales price per ton fell 10% in 2024, from a year ago.

U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the company. The news comes after Nippon Steel's $14.1 billion takeover of ...