ArcelorMittal weighs possible bid for US Steel

Reuters exclusively reported that ArcelorMittal SA (MT.LU), the world’s second-largest steelmaker, is considering a potential offer for U.S. Steel Corp […] The post ArcelorMittal weighs possible bid for US Steel appeared first on Reuters News Agency.

ArcelorMittal weighs possible bid for US Steel

Reuters exclusively reported that ArcelorMittal SA (MT.LU), the world’s second-largest steelmaker, is considering a potential offer for U.S. Steel Corp (X.N). The combination would reverse ArcelorMittal’s retreat from the United States as a production base after it sold most of its operations to Cleveland-Cliffs Inc (CLF.N) in 2020 for $1.4 billion to focus on growing markets such as India and Brazil. 

The post ArcelorMittal weighs possible bid for US Steel appeared first on Reuters News Agency.