Cleveland Cliffs Offers to Buy Unionized Mills US Steel is Threatening to Close

Posted on the 07 September 2024 by Phil's Stock World @philstockworld

New York CNN - US Steel is threatening to shutter a number of mills if the Biden administration blocks its sale to would-be Japanese buyer Nippon Steel. But another rival, Cleveland Cliffs, is offering to buy those mills from US Steel if President Joe Biden stops the deal. This week US Steel said it ...

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