The Clean Energy Buyer's Association found that by 2050, the U.S. steel industry will require 10 times as much electricity as ...
If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not ...
HARRISBURG, Pa. (AP) — The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential ...
Last year, Biden added a 25% tariff to steel shipped through Mexico but made elsewhere. Democrat Sherrod Brown, then a U.S.
Cleveland-Cliffs offered the company roughly $7.3 billion for a buyout in July 2023, though it was rebuffed. In a lawsuit ...
The U.S. Attorney's Office for the Northern District of Ohio collected more than $27 million in civil and criminal penalties last year.
The potential sale of U.S. Steel could have significant implications for the Ohio Valley, particularly for a new facility in ...
Ohio-based Cleveland-Cliffs had previously offered to acquire U.S. Steel, a proposal that faced less opposition from both politicians and workers. President Joe Biden on Friday blocked Japanese ...
this could happen because the collapse of the deal on Friday leaves the backdoor open for domestic buyers – namely Ohio-based Cleveland-Cliffs, which offered to acquire U.S. Steel in July 2023 ...
“U.S. Steel will remain a proud American company – one that’s American-owned, American-operated, by American union steelworkers – the best in the world,” Biden said in the statement. Outgoing U.S. Sen ...
and the flood of cheap foreign steel into the U.S. marketplace. Forty years ago, steel was king up and down the Ohio and Mon valleys in towns and cities such as Shenango, Wheeling, Weirton ...
He also alluded to the possibility of Ohio-based Cleveland-Cliffs reviving its bid to buy U.S. Steel, after losing to Nippon’s more generous offer in December 2023. Shapiro said he expected ...