Cleveland-Cliffs Inc. CEO Lourenco Goncalves says he has an "all-American solution" in place to buy United States Steel Corp. if a deal with Nippon Steel is abandoned.

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.

The CEO of American-owned and operated Cleveland Cliffs says he’s putting in a bid to buy U.S. Steel. He says it’s not a matter of if, but rather when.

Cleveland-Cliffs began the takeover drama in the summer of 2023 by making a $7.3 billion bid to buy U.S. Steel.

Republicans and Democrats in the state Senate and House of Representatives — are joining together in a new group called the Pennsylvania Competitiveness Caucus.

Cleveland-Cliffs CEO Lourenco Goncalves said Monday his company is ready to make another offer for U.S. Steel if its attempted merger with Japan’s Nippon Steel fails for good. “We have an all-American solution,

A joint bid for U.S. Steel from two domestic rivals has the potential support of Gov. Josh Shapiro. In a statement to The Center Square on Monday, the governor’s office said Cleveland-Cliffs CEO Lourenco Goncalves has made “meaningful commitments to Pennsylvania” in conversations about a formal offer the Ohio-based company plans to make with Nocur,

Cleveland-Cliffs Inc. is partnering with Nucor Corp. to weigh a potential joint bid for United States Steel Corp., according to a person familiar with the matter. Cliffs’ top boss later confirmed his interest in the American steelmaker at a press event.

“It's about Pennsylvania's livelihood ... To eliminate competition and steer the sale to Cleveland-Cliffs, which offered to buy U.S. Steel in July 2023 for less than half the price. “I’m not saying Cleveland-Cliffs is a bad company, but they ...

Cleveland-Cliffs CEO Lourenco Goncalves's comments come after President Biden rejected the merger between U.S. Steel and Nippon Steel.

Cleveland-Cliffs CEO Lourenco Goncalves said further consolidation of the steel industry would be beneficial for U.S. Steel and Cleveland-Cliffs, as it would result in more economies of scale. U.S. Steel's Clairton Coke Works Plant for instance could supply Cleveland-Cliffs' Indiana Harbor Works and Burns Harbor Works steel mills in Northwest Indiana,