Steelmaker Cleveland-Cliffs on Monday indicated interest in acquiring U.S. Steel, less than two weeks after President Joe Biden blocked Japan-based Nippon Steel’s bid to buy the embattled American ...
US Steel (NYSE:X) dropped 1.7% at least party as Cleveland-Cliffs (CLF) CEO Lourenco Goncalves appeared to be less interested in a US Steel (NYSE:X) deal after saying for months that he would be ...
(Reuters) - Cleveland-Cliffs is partnering with peer Nucor to prepare a potential all-cash bid for U.S. Steel, with an offer in the high $30s per share, a person familiar with the matter said on ...
Cleveland-Cliffs (NYSE:CLF) has reportedly agreed to sell steel to certain U.S. automakers for a fixed price over the next three years, briefly driving up the share price of the steel producer.
Not too long ago, Cleveland-Cliffs (NYSE: CLF) didn't make steel -- it was just a supplier to the steel industry. Then a series of huge acquisitions changed the story. Now Cleveland-Cliffs is one of ...
Joint bid for U.S. Steel assets would have Cleveland-Cliffs acquiring blast furnace mills and Nucor taking over Big River Steel, according to CNBC and Bloomberg. Reports published online are ...
On May 28, Jefferies analyst Christopher LaFemina downgraded Cleveland-Cliffs Inc. (NYSE:CLF) to a ‘Hold’ from a ‘Buy.’ The analyst also cut the price target to $6 from $10. The downgrade comes as the ...
Steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) says it will indefinitely idle three steel plants — two in Pennsylvania and one in Illinois — this summer. The idles "are a necessary response to ...
Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has successfully completed a production trial in collaboration with a major automotive OEM, in which Cleveland-Cliffs’ exposed steel parts ...
Cleveland-Cliffs is one of the largest steel mills in North America. The company's production is largely centered around blast furnaces. Cleveland-Cliffs is something of a boom-or-bust investment. At ...
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