05:51 PM EDT, 03/25/2024 (MT Newswires) -- Cleveland-Cliffs ( CLF ) discussed potential ways with the US government to structure a potential merger with United States Steel ( X ) to avoid antitrust issues, Cleveland-Cliffs ( CLF ) Chief Executive Lourenco Goncalves told Bloomberg Monday.

Goncalves said in an interview with the news outlet that he wanted to make sure the deal was clear of antitrust issues, but "US Steel decided not to listen and go with Nippon Steel."

Cleveland-Cliffs ( CLF ) and US Steel did not immediately respond to requests for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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