A “Targeted” Problem, or a Bigger Concern? Plus What Treasury Yields’ Big Rise Mean For Markets 8/16/23
CNBC's "Fast Money"
00:00
Implications of a Potential US Steel and Cleveland Cliffs Deal
The chapter analyzes the potential impact of a deal involving US Steel and Cleveland Cliffs, considering the stance of the unions and the strategic value of US Steel. It explores US Steel's financials, the presence of specialty steels, and the importance of keeping the company in US hands. Additionally, it suggests screening similar value companies in portfolios due to the decline in shareholder value.
Play episode from 32:46
Transcript
