US Steel soars after it rejects $7.25 billion Cliffs bid
Cliffs said it submitted the proposal privately on July 28 and received a rejection letter on Sunday that called the offer “unreasonable.”
Iron ore price falls on worries of steel output cut in China
Lackluster Chinese demand and property market deterioration also added pressure.
US Steel to explore strategic alternatives for the company
US Steel has received unsolicited proposals that range from the…
Rio Tinto inks infrastructure deal for Simandou iron ore project
The project has been haggled over for years, with exploitation…
Australia’s Genmin signs MoU with Chinese firm to supply iron ore products
Genmin will sell and deliver 2.4 million tonnes per annum…
