Express News | United States Steel initially rose over 8%, with its stock price hitting a new high in nearly a month. According to CNBC, Cleveland-Cliffs has allied with Nucor regarding the potential acquisition of United States Steel.

BreakingsJan 13 22:55

Is United States Steel becoming a "hot commodity"? Media reports reveal that two major competitors are preparing to jointly bid.

According to media reports citing sources, Cleveland-Cliffs is cooperating with competitor Nucor to consider a joint bid for United States Steel; Japan's Nippon Steel announced in December 2023 plans to spend $14.1 billion (at $55 per share) to acquire United States Steel, but U.S. President Biden vetoed the deal earlier this month on the grounds of National Security.

cls.cn9minutes ago

Express News | Cleveland Cliffs CEO Says He Wants to Buy U.S. Steel, Has a Plan

Breakings41minutes ago

Express News | Cliffs' CEO: If the merger with Nucor and the Trade of United States Steel (X) can be completed, we will change the company name to United States Steel.

Breakings03:18

Express News | Cleveland-Cliffs and Nucor are reportedly considering teaming up to bid for United States Steel.

Breakings02:41

'U.S. Steel Stock Jumps On Report Of Possible Bid From Cleveland-cliffs And Nucor; Company Will Be Holding A Press Conference At 1 P.m. ET' - Axios

Benzinga00:11