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Cleveland-Cliffs News

Cleveland-Cliffs CEO Confident in Financing $7 Billion Bid for US Steel

Olivia Carter 15 Jan, 2025

Cleveland-Cliffs Inc. CEO Lourenco Goncalves is confident in financing a $7 billion bid for US Steel, with plans ready if Nippon Steel's deal collapses. He's backed by major financ...

Business

Cleveland-Cliffs and Nucor Eye $7 Billion Takeover of US Steel Amid National Security Concerns

Ryan Peterson 13 Jan, 2025

Cleveland-Cliffs Inc. and Nucor Corporation are preparing a $7 billion bid for US Steel, valuing its shares at $38 each. This move comes after the White House blocked Nippon Steel'...