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 ...
The Mon Valley works needs a lot of investment that Cleveland Cliffs will not do — they have other blast furnaces, casters, and finishing mills that are in much better shape. They closed the ...
Should Trump proceed with the new tariffs next month, U.S. steelmakers still face headwinds. Benchmark prices were down 38% ...
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs ... says its ability to invest in U.S. Steel’s aging blast furnace plants in Pennsylvania and Indiana will boost the ...