Cliffs CEO Rips ‘Evil’ Japan and Lays Out New Plan for US Steel
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. But he returned to form Monday with a bombastic press conference,
Cleveland-Cliffs CEO sees an 'all-American solution' to preserving U.S. Steel
Cleveland-Cliffs Inc. CEO Lourenco Goncalves says he has an "all-American solution" in place to buy United States Steel Corp. if a deal with Nippon Steel is abandoned.
Nippon Steel rebuts Cleveland-Cliffs' US Steel takeover interest
Cleveland-Cliffs CEO Lourenco Goncalves on Monday expressed the company's interest in acquiring U.S. Steel at a press conference in Pennsylvania. He also attacked Japan as "evil," claiming that it taught China how to dump, build overcapacity and overproduce.
Cleveland-Cliffs, Nucor plan bid for US Steel Corp., per report
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, Nucor Mull US Steel Bid, CNBC Says
Cleveland-Cliffs Inc. is partnering with rival Nucor Corp. in a potential bid for United States Steel Corp., CNBC reported Jan. 13.
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 mulls purchase of U.S. Steel if Nippon deal fails
The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security grounds.
Cleveland-Cliffs CEO blasts ‘evil’ Japan, home of rival Nippon Steel: ‘You did not learn anything since 1945’
There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, worth over $14 billion, citing national security.
A new rival bid for US Steel emerges after Nippon deal deadline extended
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said Monday that he wanted to make a new bid for U.S. Steel.
Jim Cramer on Cleveland-Cliffs’ (CLF) Steelco Deal: ‘Stock Has Fallen And The Pricing In Steel Has Changed Rather Dramatically’
We recently published an article titled Jim Cramer Discussed These 21 Stocks As Bond Yields Soared. In this article, we are ...
Cleveland-Cliffs and Nucor Consider Joint US Steel Bid
Cleveland-Cliffs Inc. is partnering with Nucor Corp. to weigh a potential joint bid for United States Steel Corp., according ...
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 ...
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Cleveland-Cliffs Stock Dips As CEO’s Anti-Japan Rant Adds Fuel to U.S. Steel Bid Controversy: Retail Sentiment Sours
Shares of Cleveland-Cliffs Inc. (CLF) dropped over 1% in mid-day trading Tuesday following controversial remarks by CEO ...
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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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Nippon Steel, US Steel accuse Cleveland-Cliffs of having hand in rejected proposal; CCI fires back
WASHINGTON (WLUC/AP) - Cleveland-Cliffs, Inc. (CCI) fired back at Nippon Steel and U.S. Steel after the two companies alleged in a lawsuit filed Monday that CCI’s CEO played a role in the decision ...
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Cleveland-Cliffs Inc CLF
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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 ...