Cleveland-Cliffs Partners with POSCO on Transformative MoU Amid Korea-US Trade Agreement
ByAinvest
Thursday, Oct 30, 2025 7:52 am ET1min read
CLF--
PKX--
Cleveland-Cliffs Inc. has announced POSCO as its strategic partner under a transformative Memorandum of Understanding. The partnership will allow POSCO to support its U.S. customer base while ensuring its products meet U.S. trade and origin requirements. This collaboration aligns with U.S. policy goals to strengthen domestic industry and attract foreign investment. Cleveland-Cliffs expects the partnership to be highly accretive to shareholders. A formal announcement on a definitive agreement is expected in the fourth quarter of 2025 or first quarter of 2026.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet