The bidding war for United States Steel is heating up. Cliffs followed that report up with a lengthy press conference hosted by CEO Lourenco Goncalves that further boosted hopes his company would bid again for U.S. Steel if a politically controversial deal with a Japanese Steel giant were abandoned. The press conference appeared to be designed to ensure President-elect Donald Trump won’t reverse President Joe Biden’s decision to nix the sale of U.S. Steel to a Japanese company.