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 ...
USW and Cleveland-Cliffs seek dismissal of U.S. Steel lawsuit, citing free speech in opposing Nippon Steel merger on national ...
Cleveland-Cliffs pulled in $19.2 billion in revenue last year during the "the worst year for domestic steel demand since 2010 ...
The levies make cars and housing more expensive even when they are made with American steel.
The earnings before interest, taxes, depreciation and amortization (EBITDA) loss of $85 million in the fourth quarter will ...
Cleveland-Cliffs announced its preliminary fourth-quarter and full-year 2024 financial results. Fourth-quarter 2024 results included an expected revenue of $4.3 billion, with 3.8 million net tons of ...
Ohio-based steel producer Cleveland-Cliffs announced its plan to offer $750 million in senior guaranteed notes due 2031. The company said it intends to use the net proceeds from the offering for ...
Sees FY24 adjusted EBITDA loss $775M. Sees FY24 steel shipments 15.6M net tons. Lourenco Goncalves, Cliffs’ chairman, president, and CEO said: ...
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company. Ancora is opposed to U.S.
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 ...
NEW YORK -- Lourenco Goncalves, CEO of Cleveland-Cliffs, said that the American steelmaker is willing to acquire U.S. Steel, which has agreed to be purchased by Nippon Steel, stressing that Japan ...
Cleveland-Cliffs Founder, Chairman and CEO Lourenco Goncalves said he believes U.S. Steel could continue to stand on its own as an independent steelmaker but thought it would benefit from ...