If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not Cleveland.

The Clean Energy Buyer's Association found that by 2050, the U.S. steel industry will require 10 times as much electricity as it does now.

According to Ward, this could happen because the collapse of the deal on Friday leaves the backdoor open for domestic buyers – namely Ohio-based Cleveland-Cliffs, which offered to acquire U.S. Steel in July 2023 for less than half of the $14.9 billion ...

The potential sale of U.S. Steel could have significant implications for the Ohio Valley, particularly for a new facility in Weirton where electric transformers

After Nippon Steel's bid was thwarted by the Biden administration, other American competitors are looking for an acquisition.

U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the company, whose $14.1 billion buyout by Nippon Steel was recently blocked by President Joe Biden.

The U.S. Attorney's Office for the Northern District of Ohio collected more than $27 million in civil and criminal penalties last year.

steel-making states like Ohio will need to generate significantly more electricity. The Clean Energy Buyers Association quantifies the amount. By 2050, the U.S. steel industry will require 174 ...

this could happen because the collapse of the deal on Friday leaves the backdoor open for domestic buyers – namely Ohio-based Cleveland-Cliffs, which offered to acquire U.S. Steel in July 2023 ...

HANCOCK COUNTY, W.Va. — The potential sale of U.S. Steel could have significant implications for the Ohio Valley, particularly for a new facility in Weirton where electric transformers will be ...

A joint bid for U.S. Steel from two domestic rivals has the potential support of Gov. Josh Shapiro. In a statement to The Center Square on Monday, the governor’s office said Cleveland-Cliffs CEO Lourenco Goncalves has made “meaningful commitments to Pennsylvania” in conversations about a formal offer the Ohio-based company plans to make with Nocur,

Cleveland-Cliffs offered the company roughly $7.3 billion for a buyout in July 2023, though it was rebuffed. In a lawsuit filed earlier last week, U.S. Steel and Nippon say Cleveland-Cliffs conspired with the United Steelworkers Union to put pressure on Biden and the regulatory process to steer the deal back into its hands.