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However, one factor casts doubt on the sustainability of these gains, indicating scope for significant downside volatility if the impending U.S. inflation data comes in hotter-than-expected on ...

The no-insulation (NI) winding technique, including its metal-insulation (MI) variant, enables “self-protection” against localized overheating through inter-turn current sharing, improving defect ...

HARRISBURG, Pa. (AP) — 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 ...

The bid by 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 ...

Nippon Steel Corp. said Tuesday it "remains the only partner" for United States Steel Corp., vowing to continue pursuing its purchase despite White House opposition and the emergence of a rival offer ...

HARRISBURG, Pa. (AP) — 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.

Cleveland-Cliffs CEO Lourenco Goncalves said Monday he had a plan to buy U.S. Steel as he launched a tirade against Japan, calling the close U.S. ally “evil” during a news conference.

That led shares of U.S. Steel to soar 9.4% by 12:30 p.m. ET. Domestic steel companies swoop in While shares jumped today, the stock is still well below the level of Nippon's bid.

Goncalves revealed that Cleveland-Cliffs is working on a deal to acquire U.S. Steel, which would make it the largest steel manufacturer in the United States. "I want to buy," Gonclaves said.

Reports say two new bidders have emerged for U.S. Steel. U.S. Steel's iconic history has been a roadblock to a more generous buyout offer. Cleveland-Cliffs and Nucor would split U.S. Steel's ...