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 ...
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 ...
(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 ...
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 ...
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 ...
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 (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.
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 ...