After Pres Biden prohibited the acquisition if US Steel by the foreign entrant Nippon Steel on nat sec grounds (read: to protect domestic jobs), Cleveland-Cliffs, a domestic rival is preparing a bid for US Steel.
https://www.pbs.org/newshour/amp/politics/new-bidder-challenges-nippon-in-acquisition-of-u-s-steel-as-biden-administration-extends-deadline
https://www.pbs.org/newshour/amp/politics/new-bidder-challenges-nippon-in-acquisition-of-u-s-steel-as-biden-administration-extends-deadline
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