U.S. Steel responded that it may pursue legal action to salvage the merger with Japan's Nippon Steel and warned if the deal ...
Mesabi Metallics has long claimed that anticompetitive behavior by iron ore heavyweight Cleveland-Cliffs damaged its quest to build a taconite plant in Nashwauk. This week, a federal bankruptcy ...
But another rival, Cleveland Cliffs, is offering to buy those mills from US Steel if President Joe Biden stops the deal. This week US Steel said it would be forced to shut down the mills ...
Cleveland-Cliffs is reiterating its interest in buying unionized mills that U.S. Steel is threatening to close should its takeover by Japan's Nippon Steel get blocked by President Joe Biden.
The United Steelworkers, backing only Cleveland-Cliffs ... plant as a path for the plant to weather downturns and keep Minnesota mines more viable in the future. Keetac, the main employer in the ...
Shares of United States Steel Corp. rose in after-hours trading after Cleveland-Cliffs Inc.’s top executive said he’s still in the market for his rival’s assets. “Absolutely,” Cliffs’ Chief Executive ...
In the latest market close, Cleveland-Cliffs (CLF) reached $11.99, with a -0.99% movement compared to the previous day. This move lagged the S&P 500's daily loss of 0.16%. Meanwhile, the Dow ...
The Pittsburgh-based steelmaker, which operates Gary Works and the Midwest Plant in Portage ... and pay lower wages to non-union workers. Cleveland-Cliffs, which has invested heavily in American ...