Frankfurt - Delayed Quote • EUR Nucor Corporation (NUO.F) Follow Compare 116.94 -3.06 (-2.55%) As of 8:16:55 AM GMT+1. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Update: Market Chatter: Cleveland-Cliffs Teams Up With Nucor in Potential Bid for US Steel (Updates with US Steel's response in the fourth and fifth paragraphs and recent share movements in f Steel Titans Clash: Cleveland-Cliffs' Bold Bid to Take Over US Steel Sparks Industry-Wide Drama With financing secured and a patriotic pitch, Cleveland-Cliffs takes aim at Nippon Steel's $14B offer. U.S. Steel Stock Jumps on Hopes for Other Bidders The bidding war for United States Steel is heating up. Nucor declined to comment on the report. 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. Nucor Invites You to Join Its Fourth Quarter of 2024 Conference Call on the Web In conjunction with Nucor's (NYSE: NUE) fourth quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, Nucor's Chair, President and Chief Executive Officer. This conference call will include a review of Nucor's results for the fourth quarter ended December 31, 2024, followed by a question-and-answer session. The event will be available on the internet on January 28, 2025, at 10:00 a.m. Eastern Time. Trump Looms Large Over Stock Markets. Why Chips, Fed Are Just the Beginning and 5 Other Things to Know Today. Nvidia objects to Biden administration’s curbs on exports, Cleveland-Cliffs still interested in a bid for U.S. steel, and more news to start your day. Cleveland-Cliffs and Nucor Consider Joint US Steel Bid (Bloomberg) -- 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.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoThe companies are considering an offer that would involve Cleveland-Cliffs acquir Cleveland-Cliffs and Nucor plan joint bid for US Steel Cleveland-Cliffs and Nucor are set to launch a joint bid to acquire US Steel just weeks after US President Joe Biden blocked the $15bn takeover... Cleveland-Cliffs and Nucor Mull Fresh Bid for U.S. Steel Cleveland-Cliffs is discussing joining with Nucor on a possible bid for U.S. Steel that is still likely months away from happening, according to people familiar with the matter. U.S. Steel had planned to sell itself to Japanese steelmaker Nippon Steel but President Biden earlier this month blocked the transaction over concerns about foreign ownership and national security. President-elect Donald Trump has also opposed the deal publicly. Why U.S. Steel Stock Soared Today U.S. Steel (NYSE: X) has been in the news for months since Japan's Nippon Steel made a generous offer for the iconic American steelmaker. Nippon's $14.9 billion bid in late 2023 represented a nearly 40% premium to U.S. Steel's share price at the time. Most recently, President Biden blocked Nippon's $55-per-share cash bid on national security concerns. US Steel Stock Jumps as Cleveland-Cliffs and Nucor Reportedly Mull Joint Bid U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the company, whose $14.1 billion buyout by Nippon Steel was recently blocked by President Joe Biden. Cleveland-Cliffs, Nucor reportedly plan offer to buy US Steel Cleveland-Cliffs (CLF) and Nucor (NUE) are reportedly planning an all-cash offer for US Steel (X), according to reports from CNBC. The reports come after the Biden administration blocked the sale of US Steel to Japanese steel-making giant Nippon Steel. Senior Markets Reporter Ines Ferré joins Catalysts co-hosts Seana Smith and Madison Mills to break down the reported deal and what it means for US Steel. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan. Top Midday Stories: Moderna Shares Fall After 2025 Revenue Guidance Cut; Cleveland-Cliffs Reportedly Teams Up With Nucor in Potential Bid for US Steel The three major US stock indexes were mixed around midday Monday, the first trading day after the re Cleveland-Cliffs eyeing all-cash bid for U.S. Steel, source says Cleveland-Cliffs is partnering with peer Nucor to prepare a potential all-cash bid for U.S. Steel, with an offer in the high $30s per share, a person familiar with the matter said on Monday. Cliffs is aiming to purchase all of U.S. Steel and then sell its Big River Steel mill to Nucor if the deal is completed, the person added on condition of anonymity because the details have not been made public. Cliffs CEO Lourenco Goncalves and rival Japan's Nippon Steel, which has an agreed deal to buy U.S. Steel, engaged in a war of words over who was the better partner for the struggling company. US Steel Rises on CNBC Report of American Rivals Mulling Bid (Bloomberg) -- United States Steel Corp. shares rose after CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a takeover bid of the iconic American steelmaker.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionCliffs would purchase all of US Steel for cash and then sell off the Big River Steel subsidiary to Nucor, CN Nucor (NUE) Stock Moves -0.02%: What You Should Know Nucor (NUE) closed the most recent trading day at $118.16, moving -0.02% from the previous trading session. Cramer on Nucor (NUE): Struggling with Chinese Steel and Industrial Slowdown We recently published a list of Jim Cramer Discussed These 29 Stocks Ahead Of Major AI Event. In this article, we are going to take a look at where Nucor Corporation (NYSE:NUE) stands against other stocks ahead of major AI event that Jim Cramer discussed. In his appearance on Squawk on the Street the day […] Could The Market Be Wrong About Nucor Corporation (NYSE:NUE) Given Its Attractive Financial Prospects? It is hard to get excited after looking at Nucor's (NYSE:NUE) recent performance, when its stock has declined 22% over... Nucor Towers & Structures Announces Expansion of Footprint The new $200 million Utah plant will be built on NUE's existing Brigham City location and is projected to employ 200 full-time workers. Nucor Towers & Structures Expanding Nationwide Footprint Nucor Corporation (NYSE: NUE) announced today that the Company's Towers & Structures business unit will build its third state-of-the-art utility structures production facility in Brigham City, Utah. The Company is currently completing the construction of two utility structures production facilities in Decatur, Alabama, and Crawfordsville, Indiana. The new $200 million Utah facility will be located on Nucor's existing Brigham City campus and is expected to create 200 full-time jobs. Trump Tariffs Shift? Trump Denies, But Nucor, FCX Lead S&P 500 Rally President-elect Trump denied a report that his tariffs may focus on strategic industries. But the S&P 500, Nucor, FCX, Enphase and Ford rose. Performance Overview Trailing total returns as of 1/15/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return NUO.F S&P 500 YTD +6.05% -1.08% 1-Year -22.28% +22.14% 3-Year +25.57% +25.31%