CLEVELAND, Ohio -- The CEO of Cleveland-Cliffs weighed in Monday on Nippon Steel’s failed acquisition of U.S. Steel, and a newly filed lawsuit that accuses the Cleveland company of working to ...
The deal, CNBC reported, would see Cleveland-Cliffs purchase all of U.S. Steel for cash and sell the company’s Big River Steel subsidiary, in northeast Arkansas, to Nucor. Cleveland-Cliffs and ...
“His selection of the word ‘Corrupt’ to describe Biden’s action was not by accident ... company would be named Cleveland-Cliffs—iron ore is a key raw material in traditional steel ...
Cleveland-Cliffs and its CEO Lourenco Goncalves, along with United Steelworkers union president David McCall, have filed a motion to dismiss a lawsuit filed by Nippon Steel and U.S. Steel, calling the ...
The earnings before interest, taxes, depreciation and amortization (EBITDA) loss of $85 million in the fourth quarter will ...
Cleveland-Cliffs CEO Lourenco Goncalves didn’t directly confirm on Monday that his Cleveland steel company and its competitor Nucor are preparing a bid for U.S. Steel — but he also didn't deny it.
Cleveland-Cliffs CEO Lourenco Goncalves said Monday his company is ready to make another offer for U.S. Steel if its attempted merger with Japan’s Nippon Steel fails for good. “We have an all ...
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.
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 ...