“Before the governor would even consider endorsing any potential deal, Cleveland-Cliffs needs to make a formal bid to buy U.S ...

Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley. It also vowed not to reduce production capacity in the ...

LYNDORA, Pennsylvania — Lourenco Goncalves, the CEO of steelmaker Cleveland-Cliffs, said he wants to make a new bid to acquire U.S. Steel, calling his pitch an “all-American solution” to ...

Japan's Nippon Steel agreed to acquire the struggling U.S. Steel in a win-win deal that would bring much needed capital ...

Cleveland-Cliffs CEO Lourenco Goncalves said Monday his company is ready to make another offer for U.S. Steel if its ...

Credit: AP Photo/Gene J. Puskar, File President Joe Biden has consistently opposed the proposed acquisition of Pennsylvania-based U.S. Steel by the Japanese competitor Nippon Steel but hasn’t ...

U.S. Steel and Nippon Steel allege in a lawsuit the administration blocked their $14.9 billion deal over political ...

The story for U.S. Steel has been markedly different. When economic forces fueled by climate action policy left the company unable to modernize its mills in southwestern Pennsylvania, a $14.9 ...

Pittsburgh-based U.S. Steel stands on the precipice of disaster, potentially costing thousands of blue-collar union members ...

Cleveland-Cliffs is partnering with peer Nucor to prepare a potential all-cash bid for U.S. Steel, with an offer in the high ...

Gov. Josh Shapiro faces a new challenge after the White House blocked U.S. Steel’s overseas acquisition. Join the lawsuit the ...