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Cleveland-Cliffs is partnering with Nucor in a potential bid for U.S. Steel, sources familiar with the matter told CNBC.
The sources said Cleveland-Cliffs would buy U.S. Steel for cash and then sell off the Big River Steel subsidiary to Nucor, should the deal proceed.
The White House this weekend extended the deadline for Japan's Nippon Steel to end its proposed acquisition of U.S. Steel until June. President Joe Biden recently moved to block the deal.
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Taking shape on 3.5 acres just east of State Highway H/Glenstone Avenue in the area of Valley Water Mill Park are the Fulbright Heights Apartments – three 23,000-square-foot buildings with 24 units each for a total of 72 one- and two-bedroom apartments.