Deal expands Cliffs’ steelmaking footprint and doubles exposure to the flat-rolled spot market
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July 15, 2024 - 14:52
Cleveland Cliffs stock down 6% after steel producer says it’s buying Canada’s Stelco in $2.5 billion cash-and-stock deal
By Pharos Investment Advisors Comments are Off
August 14, 2023 - 15:34
U.S. Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
By Pharos Investment Advisors Comments are Off
United States Steel said Sunday that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs
and was reviewing “strategic alternatives” after receiving several unsolicited offers.
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