Cleveland-Cliffs CEO Lourenco Goncalves criticized the deadline extension keeping Nippon Steel's bid to acquire U.S. Steel alive months longer than originally intended.

Ancora Holdings, a Mayfield Heights-based institutional asset management company and private wealth advisor, is calling on U.S. Steel to drop its merger agreement with Japanese-owned Nippon Steel, end its litigation against the federal government seeking to keep the deal alive and oust its Chief Executive.

If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not Cleveland.

Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday that U.S. Steel CEO David Burritt and the company’s board have prioritized a sale to Nippon because they stand to receive more than $100 million if it goes forward.

The Clean Energy Buyer's Association found that by 2050, the U.S. steel industry will require 10 times as much electricity as it does now.

Cleveland-Cliffs Inc. (NYSE: CLF) ("Cliffs") will announce its full-year and fourth-quarter 2024 earnings results after the U.S. market close on Monday, February 24, 2025.

Cleveland-Cliffs Inc (CLF) stock saw a decline, ending the day at $10.09 which represents a decrease of $-0.18 or -1.75% from the prior close of $10.27. The stock opened at $10.42 and touched a low of $10.

An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company. Ancora Holdings Group, with $10 billion in assets,

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.

Construction is underway and will continue throughout 2025 on the rehabilitation of the decades-old Armco/AK Steel Research building in Middletown that when completed will be the combined home of several area ceramic refractory plants.

Cleveland-Cliffs offered the company roughly $7.3 billion for a buyout in July 2023, though it was rebuffed. In a lawsuit filed earlier last week, U.S. Steel and Nippon say Cleveland-Cliffs conspired with the United Steelworkers Union to put pressure on Biden and the regulatory process to steer the deal back into its hands.

There is only one Fortune 500 Company with "Cleveland" in its name. Why it matters: Maybe not for long. Driving the news: Cleveland-Cliffs CEO Lourenco Goncalves announced Monday in a rambling two-hour press conference that if a proposed acquisition of U.