US steel companies Cleveland-Cliffs and Nucor are preparing a joint proposal to potentially acquire US Steel after the White House blocked a takeover by Japan's Nippon Steel, CNBC reported Monday.
he's positioning Cliffs as the defender of domestic production. Nippon, meanwhile, has clapped back, touting its higher $55-per-share offer and a plan to overhaul US Steel's aging mills.
In this article, we are going to take a look at where United States Steel Corporation (NYSE:X) stands against other firms that dominated Monday upsurge. Ten companies—predominantly in the ...