US Steel Acquisition Bid by Cleveland-Cliffs Emerges
US steelmaker Cleveland-Cliffs has expressed interest in acquiring U.S. Steel just days after President Joe Biden blocked a bid from Japan-based Nippon Steel due to national security concerns. The move comes as Nippon Steel had been trying to acquire the struggling American company for two weeks. Source: https://www.washingtonpost.com/business/2025/01/13/cleveland-cliffs-nucor-ussteel