U.s. steel turns down $7.3 billion offer from cleveland-cliffs, explores alternatives – potential upside for greenwave technology solutions?

Suffolk, va / accesswire / august 25, 2023 / u.s. steel looks like it's up for sale - the major mill is now considering competing offers from both cleveland cliffs and esmark inc and there are rumors that arcelormittal sa is considering making a bid for the major steel manufacturer, too. as the industry could be headed toward consolidation, greenwave technology solutions (nasdaq:gwav) is undertaking an aggressive expansion strategy to ramp up its capacity and meet the growing demands of major u.s. steel mills.
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