U.S. Steel has warned that, without Nippon Steel's cash, it will shift production away from the blast furnaces to cheaper non-union electric arc furnaces and move its headquarters out of Pittsburgh.
Derek Hunter is the host of a free daily podcast ( subscribe!) and author of the book, Outrage, INC., which exposes how ...
U.S. Steel and Nippon Steel filed a separate lawsuit in the U.S. Court of Appeals in Washington, D.C., against the Biden ...
A joint bid for U.S. Steel from two domestic rivals has the potential support of Gov. Josh Shapiro. In a statement to The Center Square on Monday, the governor’s office said Cleveland-Cliffs CEO ...
If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not ...
Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, a person familiar with the matter told ...
There is only one Fortune 500 Company with "Cleveland" in its name. Why it matters: Maybe not for long. Driving the news: ...
The new deadline, now in mid-June, was viewed by US Steel — and investors, apparently — as an opportunity for the companies ...
Cleveland-Cliffs CEO Lourenco Goncalves said he wants to make an "all-American solution" bid to save U.S. Steel.
He said he would relocate Cleveland-Cliffs’ headquarters to Pittsburgh, keep the U.S. Steel name and make Cleveland-Cliffs ...
After Nippon Steel's bid was thwarted by the Biden administration, other American competitors are looking for an acquisition.