American solution” to save U.S. Steel. He said he would relocate Cleveland-Cliffs’ headquarters to Pittsburgh, keep the U.S.
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said Monday that he wanted to make a new bid for U.S.
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a deadline for the Japanese steelmaker to abandon plans to acquire the storied ...
U.S. Steel and Nippon have been working since the end of 2023 on this proposal. Biden announced he is blocking it on January 3rd. The two companies then filed federal lawsuits.
The argument is even less credible considering Japan hosts more than 50,000 US troops and in 2023 changed its laws so ...
The Biden administration has granted Japan's Nippon Steel a six-month extension on the deadline for the company to abandon ...