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Cleveland-Cliffs, Nucor Prepare US Steel Bid
Nucor could be part of Cliffs’ next US Steel bid, reports say
Joint bid for U.S. Steel assets would have Cleveland-Cliffs acquiring blast furnace mills and Nucor taking over Big River Steel, according to CNBC and Bloomberg.
US Steel jumps on report Cleveland-Cliffs, Nucor partnering for takeover bid
US Steel (NYSE:X) jumped 6.5% amid a report that Cleveland-Cliffs (CLF) is partnering with Nucor Corp. (NUE) for a potential bid for the steelmaker in the high $30s a share in cash. Cleveland-Cliffs (CLF) would purchase all of US Steel (NYSE:X) and would sell Big River Steel to Nucor (NUE),
Cleveland-Cliffs and Nucor Consider Joint US Steel Bid
Cleveland-Cliffs Inc. is partnering with Nucor Corp. to weigh a potential joint bid for United States Steel Corp., according to a person familiar with the matter. Cliffs’ top boss later confirmed his interest in the American steelmaker at a press event.
1d
Nucor Corp. stock falls Tuesday, underperforms market
Nucor Corp. closed $81.25 short of its 52-week high ($203.00), which the company achieved on April 9th.
2d
Nucor: An Oldie And Still Somewhat Goldie
Nucor Corporation faces headwinds from weak demand in the construction, manufacturing, and automotive sectors. Read why I ...
5d
Nucor to expand business unit with new $200M facility
Nucor Corp. (NYSE: NUE) will build a $200 million plant at an existing campus in Utah as the Charlotte steelmaker further ...
Yahoo Finance
6d
Could The Market Be Wrong About Nucor Corporation (NYSE:NUE) Given Its Attractive Financial Prospects?
It is hard to get excited after looking at
Nucor
's (NYSE:NUE) recent performance, when its stock has declined 22% over the past three months. However, a closer look at its sound financials might ...
7d
Nucor Corp. stock falls Wednesday, underperforms market
The stock's fall snapped a three-day winning streak.
C&D Recycling
3d
Nucor to expand downstream products capacity
“Nucor has a strong presence in the West, and locating this new facility in Utah positions us to meet growing demand for ...
Hosted on MSN
5d
Here's What to Expect From Nucor's Next Earnings Report
Valued at a market cap of $28.5 billion, Nucor Corporation (NUE) manufactures and sells steel and steel products, including ...
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U.S. Steel
Cleveland-Cliffs Inc.
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