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 ...
Shares of Cleveland-Cliffs Inc. (CLF) dropped over 1% in mid-day trading Tuesday following controversial remarks by CEO Lourenco Goncalves at a press conference in Butler, Pennsylvania. The steelmaker ...
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday ...
Cleveland-Cliffs CEO Lourenco Goncalves’ nearly two-hour news conference Monday afternoon was called to mark five years since ...
“It’s about Pennsylvania’s livelihood ... To eliminate competition and steer the sale to Cleveland-Cliffs, which offered to buy U.S. Steel in July 2023 for less than half the price.
Ancora Holdings Group said the board of U.S. Steel and its CEO have prioritized the sale to Nippon because they stand to ...
Ancora Holdings, a Mayfield Heights-based institutional asset management company and private wealth advisor, is calling on U.S. Steel to drop its merger agreement with Japanese-owned Nippon Steel, end ...
Republicans and Democrats in the state Senate and House of Representatives — are joining together in a new group called the ...
Goncalves declined to give financial details about the bid, but said in a news conference at a Cleveland-Cliffs plant in western Pennsylvania that it is an “all-American solution” to save U.S. Steel.
Cleveland-Cliffs CEO Lourenco Goncalves said further consolidation of the steel industry would be beneficial for U.S. Steel and Cleveland-Cliffs, as it would result in more economies of scale. U.S.