My sole focus has been on protecting the jobs that exist today and, most importantly, having a clear path on investment so that we have jobs tomorrow and the next day and the next year and stretching out decades,
Cleveland-Cliffs is partnering with peer Nucor to prepare a potential all-cash bid for U.S. Steel, with an offer in the high $30s per share, a person familiar with the matter said on Monday. Cliffs is aiming to purchase all of U.
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,
President Joe Biden on Jan. 3, 2025, issued a blocking order (the Order) addressing the proposed acquisition of United States Steel Corporation
Local union leaders at U.S. Steel’s Irvin plant said 95 percent of their members were in favor of the merger. Hundreds of workers even demonstrated outside Pennsylvania’s Mon Valley Works to demand such an outcome in December. In their minds ...
If I am Donald Trump, how am I going to rebuild the military if I have less steel and steeper costs for steel imports than my predecessor?
If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not Cleveland.
A Nippon Steel executive condemned President Joe Biden for blocking the company’s purchase of U.S. Steel. After Biden blocked the purchase on Jan. 3, the company sued the U.S. government. In an op-ed for the Wall Street Journal,
a presidential campaign in which Pennsylvania was a prime battleground, and a long stretch of protectionist U.S. tariffs that analysts say has helped reinvigorate domestic steel. Chaired by ...
President Trump delivers a powerful inaugural address promising a golden age for America with prosperity, strength, and unity.
Federal clean energy funds have fueled growth in manufacturing in the region. A skilled workforce and continued investments are key.
For decades, U.S. steel plants have been a lifeline for families ... Data was collected from 17 facilities in Indiana, Ohio, Pennsylvania, Illinois, Michigan, and Virginia. In these states, the manufacturing plants were linked to roughly 250,500 cases ...