Yahoo Finance

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.