President Donald Trump appeared to approve a long-pending deal between U.S. Steel and its Japanese rival Nippon Steel on ...

Waves of layoffs and plant-idling in the past two months by steelmaker Cleveland-Cliffs have demonstrated that, despite ...

Meanwhile, Cliffs, which has been an active buyer in recent years — ArcelorMittal USA, AK Steel and Stelco are among its ...

United States Steel shares popped Friday after President Donald Trump said the company will partner with Japan's Nippon Steel ...

Steelmaker scraps plans for transformer plant.

PROPOSED PURCHASE OF THE PITTSBURGH COMPANY ... IN THE UNITED STATES TO COMPLETE THEIR REVIEW OF T Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer, saying ...

The action also reverses former President Joe Biden's decision to block the transaction just weeks before leaving office in ...

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Nippon Steel announced in 2023 that it was purchasing U.S. Steel for $14.9 billion in a deal opposed by then President Joe Biden, the steelworkers and even Trump. The union had hoped the troubled ...

Nippon Steel is putting more money on the table. But will it matter? The nearly $15 billion elephant in the room is the ...

President Donald Trump solidified his connection with American workers by brokering a deal for U.S. Steel that keeps jobs and control in the U.S.

Cleveland-Cliffs has aggressively sought a merger with Pittsburgh-based U.S. Steel, which has a merger agreement with Japan’s Nippon Steel valued at nearly $15 billion. That deal was blocked by ...