The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday. Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs,

Automakers' lobbying groups indicated support for the acquisition under the belief it would've increased supply and offered price competition.

Environmentalists are hailing the White House’s recent order to block Nippon Steel from buying US Steel, saying a takeover by the Japanese giant would have guaranteed many more years of carbon-intensive,