Cleveland-Cliffs CEO attacks Japan as he reiterates interest in ...
Jan 14, 2025 · Cleveland-Cliffs is angling for U.S. Steel after President Joe Biden blocked the company’s sale to Japan’s Nippon Steel earlier this month, citing national security concerns.
Cleveland-Cliffs, Biden administration, United Steel Workers …
Jan 6, 2025 · The companies also accused steel-making rival Cleveland-Cliffs Inc. and its CEO, Lourenco Goncalves, of working with the steelworkers union to block the deal. ... President Joe Biden said U.S ...
Cleveland-Cliffs CEO responds to U.S. Steel lawsuit, says failed ...
Jan 6, 2025 · The lawsuit filed against Cleveland-Cliffs in the U.S. District Court for the Western District of Pennsylvania was one of two from Nippon and U.S. Steel in the aftermath of Biden’s decision.
Cleveland-Cliffs CEO renews efforts to purchase U.S. Steel: "I have …
Jan 14, 2025 · In the wake of President Joe Biden blocking Nippon Steel's bid to buy U.S. Steel, Cleveland-Cliffs has renewed its offer to become the new owner of the once-mighty steel giant.
Cleveland Cliffs offers to buy unionized mills US Steel is ... - CNN
Sep 6, 2024 · US Steel is threatening to shutter a number of mills if the Biden administration blocks its sale to would-be Japanese buyer Nippon Steel. But another rival, Cleveland Cliffs, is offering to buy ...
US Steel, Nippon Steel Sue Biden Administration, Cleveland-Cliffs ...
Jan 6, 2025 · Check This Out: Cleveland-Cliffs CEO Predicted Biden’s Block $14.9B Nippon Steel-US Steel Deal Months Before Action The proposed $14.9-billion takeover deal was announced at the end of 2023.
Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel - The …
Jan 13, 2025 · The renewed expression of interest from Cleveland-Cliffs comes less than two weeks after Mr. Biden blocked a $14 billion takeover of U.S. Steel by Nippon Steel, arguing that the sale posed a ...
Biden’s decision to block Nippon Steel takeover ... - cleveland.com
Jan 5, 2025 · U.S. Steel turned the offer down and ended up accepting the nearly $15 billion all-cash offer from Nippon Steel, which is the deal that Biden nixed Friday. Perhaps, analysts say, Cleveland-Cliffs ...
Cleveland-Cliffs wants to buy US Steel; Nippon bid deadline …
Jan 14, 2025 · He said he would relocate Cleveland-Cliffs’ headquarters to Pittsburgh, keep the U.S. Steel name and make Cleveland-Cliffs part of U.S. Steel.Over the weekend, the Biden administration extended ...
Exclusive: Rival CEO spread doubt about Nippon Steel deal …
Jan 5, 2025 · The CEO of Cleveland-Cliffs, which made a $7 billion bid for U.S. Steel in 2023, participated in at least nine calls assuring investors that President Biden would scuttle the deal.