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The news of import tariffs would make U.S. Steel more expensive but also gives Cleveland-Cliffs more flexibility to raise cash through an equity offering or to make a stock-based deal to acquire U ...
Here's why Nucor (NYSE: NUE) and Steel Dynamics (NASDAQ: STLD) are the smartest steel stocks to buy if you have $2,000 or $20,000 right now. There are blast furnaces, which make primary steel, and ...
Lourenco Goncalves, CEO of Cleveland-Cliffs, called Japan, the home of rival steelmaker Nippon Steel, ”evil” in a press conference on Monday, as the U.S. company prepares a new bid for U.S ...
Cleveland-Cliffs CEO Lourenco Goncalves said Monday he had a plan to buy U.S. Steel as he launched a tirade against Japan, calling the close U.S. ally “evil” during a news conference. “I ...
U.S. stocks closed higher as investors snatched up aluminum and steel shares on President Trump's plan for a 25% tariff on those imports.
The nation’s automakers objected, too, writing to the White House to say a Cleveland Cliffs-US Steel deal would place 65% to 90% of steel used in vehicles under the control of a single company.
According to multiple media outlets, Cleveland-Cliffs wants to buy the iconic company with the help of North Carolina’s Nucor Steel. This, after President Joe Biden blocked Japanese-owned Nippon ...
Shares of other steelmakers also soared, with Cleveland-Cliffs adding 8%, and Nucor gaining 6.7%. ... CBS News. Inside the origins of modern Valentine's Day celebrations ... USA TODAY. California ...