If Cleveland-Cliffs acquires US Steel, its CEO says the headquarters of the new company would be in Pittsburgh
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 responds to U.S. Steel lawsuit, says failed acquisition was ‘self-inflicted disaster’
Cleveland-Cliffs CEO Lourenco Goncalves's comments come after President Biden rejected the merger between U.S. Steel and Nippon Steel.
Cleveland-Cliffs CEO says he has an 'all-American' plan for U.S. Steel
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’ Goncalves says he has money lined up for US Steel bid
Cleveland-Cliffs CEO Lourenco Goncalves has lined up financing for a US Steel takeover bid in the $8 billion range, bringing him closer to his longstanding goal of cornering the US steel industry, he told Semafor in an interview.
Cleveland-Cliffs Eyes All-Cash Purchase of U.S. Steel
After Nippon Steel's bid was thwarted by the Biden administration, other American competitors are looking for an acquisition.
Cleveland-Cliffs could rename, relocate if it acquires U.S. Steel
There is only one Fortune 500 Company with "Cleveland" in its name. Why it matters: Maybe not for long. Driving the news: Cleveland-Cliffs CEO Lourenco Goncalves announced Monday in a rambling two-hour press conference that if a proposed acquisition of U.
Cleveland-Cliffs CEO Speech Holds Some Gems for U.S. Steel Investors
After a takeover by Japan’s Nippon Steel was blocked, a new deal may be gaining traction. The politics of Joe Biden and Donald Trump are center stage.
Cleveland-Cliffs CEO says he has funding for US Steel deal - Semafor
CEO Lourenco Goncalves said he has the funding for a US Steel (NYSE:X) potential acquisition in the $8 billion range. Goncalves declined to say which banks had committed to financing an offer, the Cliffs CEO told Semafor  in an interview published on Tuesday.
Cleveland-Cliffs CEO blames US 'weakness' for keeping Nippon deal alive, putting wrench in rival bid plans
Cleveland-Cliffs CEO Lourenco Goncalves criticized the deadline extension keeping Nippon Steel's bid to acquire U.S. Steel ...
Cleveland-Cliffs to Announce Full-Year and Fourth-Quarter 2024 Earnings Results on February 24 and Host Conference Call on February 25
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.
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Steel decarbonization will add to Ohio's growing electricity demand
The Clean Energy Buyer's Association found that by 2050, the U.S. steel industry will require 10 times as much electricity as ...
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Cleveland-Cliffs adds Sherwin-Williams exec to its board of directors
Cliffs President and CEO Lourenco Goncalves, who is also the board chair, said in a statement that Cronin's "longstanding ...
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New rival bid for US Steel emerging as US extends deadline on Nippon's bid blocked by Biden
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 ...
Cleveland-Cliffs (CLF) Receives a Hold from Bank of America Securities
Bank of America Securities analyst Lawson Winder maintained a Hold rating on Cleveland-Cliffs (CLF – Research Report) today. The company’s ...