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US Steel, Biden and Trump administration

A new rival bid for US Steel is emerging as the US extends deadline on Nippon’s bid blocked by Biden

The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, now that the Biden Administration pushed back the deadline it imposed for the Japanese steelmaker to abandon its plan to acquire the storied Pittsburgh company.

Hosted on MSN · 15h

Nippon Steel wants to work with Trump administration on US Steel deal, Mori tells WSJ

Japan's Nippon Steel remains interested in working with the incoming administration of Donald Trump to try to seal a takeover of U.S. Steel, its vice chairman Takahiro Mori said an opinion piece in the Wall Street Journal.

ABC News on MSN · 9d

US Steel and Nippon Steel sue Biden administration over blocked merger

U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger between the two companies. A proposed acquisition of the second-largest domestic steel producer by Nippon for nearly $15 billion would threaten U.S. national security, the Biden administration said.

U.S. Steel, Cleveland-Cliffs

Hosted on MSN · 4h

Cleveland-Cliffs could rename, relocate if it acquires U.S. Steel

There is only one Fortune 500 Company with "Cleveland" in its name. Why it matters: Maybe not for long. Driving the news: Cleveland-Cliffs CEO Lourenco Goncalves announced Monday in a rambling two-hour press conference that if a proposed acquisition of U.

Cleveland · 16h

If Cleveland-Cliffs acquires US Steel, its CEO says the headquarters of the new company would be in Pittsburgh

If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not Cleveland.

Yahoo · 1d

Cleveland-Cliffs eyeing all-cash bid for U.S. Steel, source says

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 Monday. Cliffs is aiming to purchase all of U.

Bid for U.S. Steel in works, Nucor part of deal

The New York Times · 1d

American Competitor Signals Possible New Bid for U.S. Steel

The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.

Charleston Gazette-Mail · 8h

'All-American solution': Bid for U.S. Steel in the works, Nucor part of the deal

Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday, Jan. 13, 2025, that he wanted to make a new bid for U.S. Steel, which accepted the buyout offer from Nippon in 2023 after it rejected an offer by Cleveland-Cliffs.

Arkansas Democrat-Gazette · 1d

Possible takeover bid for US Steel reported

United States Steel Corp. shares rose Monday after cable financial news channel CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a takeover bid of the American steelmaker.

26mon MSN

U.S. Steel contributes $30K to support Bidwell Training Center program

Amid the ongoing saga of its proposed $14.9 billion acquisition by Japanese steelmaking giant Nippon Steel, and with big ...

US Steel spat strengthens case for deal guardrails

A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...

United States Steel Represents A Great Risk To Reward Prospect At Current Pricing

United States Steel's strategic investments position it well for future growth and modernization. See why X stock is a Buy.

Shapiro could support new U.S. Steel buyout offer

A joint bid for U.S. Steel from two domestic rivals has the potential support of Gov. Josh Shapiro. In a statement to The ...

8don MSN

Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden

Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed acquisition and ...

Steel Titans Clash: Cleveland-Cliffs' Bold Bid to Take Over US Steel Sparks Industry-Wide Drama

CEO Lourenco Goncalves is pulling no punches in his pursuit of United States Steel (X). After securing financing from ...

2don MSN

Why U.S. Steel Stock Soared Today

U.S. Steel (NYSE: X) has been in the news for months since Japan's Nippon Steel made a generous offer for the iconic American ...

1don MSN

U.S. Steel Stock Is Rising on Hopes for Other Bidders

Cliffs followed that report up with a lengthy press conference hosted by CEO Lourenco Goncalves that further boosted hopes ...

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US Steel, Biden and Trump administration

U.S. Steel, Cleveland-Cliffs

Bid for U.S. Steel in works, Nucor part of deal

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