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Cleveland-Cliffs, Nucor plan bid for US Steel Corp
U.S. Steel Takeover by Cleveland-Cliffs and Nucor Reported. Why Trump Is Key.
After a takeover by Japan’s Nippon Steel was blocked, a new deal may be gaining traction. The politics of Joe Biden and Donald Trump are center stage.
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.
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.
21h
Nucor Corp. stock falls Tuesday, underperforms market
Nucor Corp. closed $81.25 short of its 52-week high ($203.00), which the company achieved on April 9th.
2d
Nucor: An Oldie And Still Somewhat Goldie
Nucor Corporation faces headwinds from weak demand in the construction, manufacturing, and automotive sectors. Read why I ...
12h
Nucor Co. (NYSE:NUE) Shares Purchased by Czech National Bank
Czech National Bank increased its position in shares of Nucor Co. (NYSE:NUE – Free Report) by 5.3% during the fourth quarter, ...
IndustryWeek
1h
New US Manufacturing Lighthouses: So That Happened
IndustryWeek editors look into that story, what's going on with utility steel structures, a supply chain reading list and ...
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 ...
12d
Time to Buy Nucor (NUE) Stock Near 52-Week Lows?
Based on Zacks estimates, Nucor’s annual earnings are now expected to drop 53% in fiscal 2024 to $8.35 per share compared to ...
6d
Nucor Corp. stock falls Wednesday, underperforms market
The stock's fall snapped a three-day winning streak.
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Related topics
U.S. Steel
Cleveland-Cliffs Inc.
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