Lourenco Goncalves, Cleveland-Cliffs’ chairman, president, and CEO. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance ...
Steelmaker Cleveland-Cliffs on Monday indicated interest in acquiring U.S. Steel, less than two weeks after President Joe Biden blocked Japan-based Nippon Steel’s bid to buy the embattled ...
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Cleveland-Cliffs Inc. is partnering with Nucor Corp. to weigh a potential joint bid for United States Steel Corp., according to a person familiar with the matter. Cliffs’ top boss later ...
Lourenco Goncalves, the chief executive of an American competitor, Cleveland-Cliffs, said his company had “an All-American solution to save the United States Steel Corporation,” stressing that ...
Cleveland-Cliffs CEO Lourenco Goncalves said Monday he had a plan to buy U.S. Steel as he launched a tirade against Japan, calling the close U.S. ally “evil” during a news conference.
Joint bid for U.S. Steel assets would have Cleveland-Cliffs acquiring blast furnace mills and Nucor taking over Big River Steel, according to CNBC and Bloomberg. Reports published online are ...
Labeling Nippon Steel and Japan as threats to U.S. steel's survival, he's positioning Cliffs as the defender of domestic production. Nippon, meanwhile, has clapped back, touting its higher $55-per ...
Cliffs examining bid for U.S. Steel in high-$30s per share-source Would then sell Big River Steel mill to partner Nucor-source Follows Biden blocking Nippon Steel's $55 a share cash bid for U.S ...
Cleveland-Cliffs Inc.’s pugnacious chief executive kept silent through Nippon Steel Corp.’s failed efforts to close a $14.1 billion takeover of United States Steel Corp. over recent weeks.
PITTSBURGH (KDKA) - It's a battle over U.S. Steel and the future of steelmaking in the region - with fiery words, the CEO of Cleveland-Cliffs said his company is once again trying to buy the company.
Cleveland-Cliffs CEO Lourenco Goncalves is blaming "weakness" for keeping Nippon Steel's massive bid to acquire U.S. Steel alive, complicating his company's own plans for a rival bid as the ...