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United States Steel Stock News

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At Close: Sep 19, 2025

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07:40am, Monday, 14'th Aug 2023
U.S. Steel shares jump after it rejects a takeover bid from Cleveland-Cliffs and Tesla shares fall after it cut prices on models in China. Here's what investors need to know today.

US Steel rebuffs $7.3bn Cleveland bid

07:27am, Monday, 14'th Aug 2023
US Steel has knocked back a $7.3bn bid approach from Cleveland-Cliffs, North America's leading flat-rolled steel producer. The proposed deal, a combination of shares and cash, was set at $35 per shar
U.S. Steel Corp.'s stock X, +0.98% soared 27% in premarket trade Monday, after the company rejected an unsolicited, $7.3 billion takeover bid from Cleveland-Cliffs Inc. that would have reshaped Americ
United States Steel has rejected a takeover offer of about $7.25 billion from rival Cleveland-Cliffs and will begin a review of its strategic options instead. Kriti Gupta has the latest on "Bloomber
U.S. Steel Corp. declined a $7.3 billion acquisition offer from rival steelmaker Cleveland-Cliffs Inc. and launched a formal review of its strategic options.
Shares of AMC Entertainment Holdings Inc.'s Preferred Equity units APE, +1.71% jumped 33% ahead of Monday's open after a Delaware court on Friday approved a revised, but still controversial, stock-con
The company, which was built by Andrew Carnegie and J.P. Morgan, might not be independent for much longer.

U.S. Steel Rejects Offer from Cleveland-Cliffs

05:11pm, Sunday, 13'th Aug 2023
Cleveland-Cliffs said it offered cash and stock worth $35 a share for its main competitor, valuing U.S. Steel at more than $7 billion.
The Gilded Age company said a partial or full sale is being considered.
United States Steel Corp. (X) is considering a sale after fielding acquisition offers, according to a Sunday press release from the company.
U.S. Steel (X) exceeds Q2 estimates despite lower year-over-year average selling prices in most segments and reduced shipments.
Cleveland-Cliffs NYSE: CLF shares rose by as much as 4.0% during Monday's trading session, which could have been taken as an optimistic expectation of better things to come. Some improving developmen
Favorable end-market demand, healthy order entry and higher selling prices are likely to have aided U.S. Steel's (X) second-quarter results.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
Returning to the pre-inflation shock level means that U.S. Steel stock will have to gain over 59% from here.
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