Terms & Conditions | Privacy Policy | Mysteel.com
Events
About Us
  • Home
  • /
  • Market Insights
  • /
  • News
  • /
  • Article

Cleveland-Cliffs deal gives POSCO options

Source: Mysteel Nov 03, 2025 10:15
Share this with
X linkedin WeChat Copy this link
Ferrous Company Global Industry
Last Friday's confirmation by POSCO Holdings, the listed arm of South Korea's largest steelmaker POSCO, that it has concluded a strategic partnership agreement with Cleveland-Cliffs Inc, purportedly North America's largest flat-rolled steel producer, shows that the Korean mill is giving itself options in an increasingly complicated steel-trade environment in the United States.
That POSCO is also reportedly considering buying a 20% stake in the Ohio-based steelmaker – the second-largest U.S. mill in terms of crude steel production after Nucor Corp – suggests it is also prepared to spend heavily to build its U.S. market share.   Cleveland-Cliffs had revealed during its October 20 earnings announcement

To read the full article take a free 7-day trial to Mysteel Global

To view this content

Free Trial

+65 6939 6700 globalsales@mysteel.com

You May Also Like
  • FEATURE: Kanadevia-NSE talks another sign of shrinking Japan

    Feb 09, 2026 10:15

  • Nippon Steel's takeover of US Steel passes last hurdle

    Jun 16, 2025 09:30

  • Trump hints at approving Nippon Steel-USS 'partnership'

    May 26, 2025 09:45

  • BLOG: Tokyo Steel's first new-product leap in years...and not a grumble

    Apr 29, 2025 10:00

  • POSCO ponders joining Hyundai's US steel project

    Apr 15, 2025 11:30

Price Curve
Daily Prices
  • Mysteel Iron Ore Index

    Mar 31, 2026 19:13

  • Imported iron ore prices: China's major cities

    Mar 31, 2026 18:43

  • Iron ore concentrates procurement prices: China's major mills

    Mar 31, 2026 18:42

  • Iron ore portside prices: Lanqiao Port

    Mar 31, 2026 18:37

  • Iron ore portside prices: Qingdao port

    Mar 31, 2026 18:36

Terms & Conditions Privacy Policy Contact Us Mysteel.com
©2026 Mysteel Global Pte Ltd. All rights reserved. ICP BeiAn No. 沪ICP备15006920号-6
Mysteel Global WhatsApp business account
Customer Service: globalsales@mysteel.com