New Rival Bid for US Steel Emerging as US Extends Deadline on Nippon’s Bid Blocked by Biden
HARRISBURG, Pa.—The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday. Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday that he wanted to make