Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, a person familiar with the matter told Reuters on Monday. Cleveland-Cliffs would purchase U.S. Steel in an all-cash deal,

Cleveland-Cliffs Inc. is partnering with Nucor Corp. to weigh a potential joint bid for United States Steel Corp., according to a person familiar with the matter. Cliffs’ top boss later confirmed his interest in the American steelmaker at a press event.

It's a battle over U.S. Steel and the future of steelmaking in the region - with fiery words, the CEO of Cleveland-Cliffs said his company is once again trying to buy the company. "The United States of America,