Cleveland-Cliffs CEO Lourenco Goncalves criticized the deadline extension keeping Nippon Steel's bid to acquire U.S. Steel alive months longer than originally intended.
If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not Cleveland.
Cleveland-Cliffs CEO Lourenco Goncalves’ nearly two-hour news conference Monday afternoon was called to mark five years since he acquired Butler Works and the rest of AK Steel, taking what was a sprawling steelmaking plant on the brink of closure and giving it life well into the future.
Cleveland-Cliffs Inc. (NYSE: CLF) ("Cliffs") will announce its full-year and fourth-quarter 2024 earnings results after the U.S. market close on Monday, February 24, 2025.
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday, Jan. 13, 2025, that he wanted to make a new bid for U.S. Steel, which accepted the buyout offer from Nippon in 2023 after it rejected an offer by Cleveland-Cliffs.
Cleveland-Cliffs CEO Lourenco Goncalves said he wants to make an "all-American solution" bid to save U.S. Steel.
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said Monday that he wanted to make a new bid for U.S. Steel.
U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the company, whose $14.1 billion buyout by Nippon Steel was recently blocked by President Joe Biden.
After Nippon Steel's bid was thwarted by the Biden administration, other American competitors are looking for an acquisition.
Bank of America Securities analyst Lawson Winder maintained a Hold rating on Cleveland-Cliffs (CLF – Research Report) today. The company’s
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday that he wanted to make a new bid for U.S. Steel, which accepted the buyout offer from Nippon ...
This past week, the Cleveland Cavaliers, Cleveland-Cliffs and Boys & Girls Clubs launched a new initiative within the Bigger than Basketball program with Keystone and Torch Club members at their first workshop of the year in Pittsburgh,