Jan 15, 2025 · Driving the news: Cleveland-Cliffs CEO Lourenco Goncalves announced Monday in a rambling two-hour press conference that if a proposed acquisition of U.S. Steel is successful, he would rename the new corporate entity "U.S. Steel" and relocate its headquarters to …

Jan 13, 2025 · 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...

Jan 14, 2025 · In the wake of President Joe Biden blocking Nippon Steel's bid to buy U.S. Steel, Cleveland-Cliffs has renewed its offer to become the new owner of the once-mighty steel giant.

Jan 14, 2025 · CLEVELAND — Cleveland-Cliffs President and CEO Lourenco Goncalves has called Northeast Ohio home for more than a decade since taking the helm of the Cleveland-based company in 2014, but if he...

Jan 14, 2025 · 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...

1 day ago · Gov. Mike DeWine downplayed concerns about potential job losses in Ohio if Cleveland-Cliffs Inc. follows through on its plan to acquire U.S. Steel and relocate its headquarters to Pittsburgh. While acknowledging that downtown Cleveland could feel the impact, DeWine said the state's steel industry would remain strong.

Jan 13, 2025 · Domestic steelmakers Cleveland-Cliffs and Nucor are considering a bid for less than $40 a share for U.S. Steel as the Pittsburgh icon continues to fight the government over its proposed deal...

Jan 13, 2025 · 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...

Jan 13, 2025 · "I have a plan, I have an all-American solution in place. The all-American solution centers on people, on workers," said Cleveland-Cliffs CEO Lourenco Goncalves.

Jan 13, 2025 · A U.S. Steel plant in Braddock, Pa. The fresh bid by Cleveland-Cliffs comes less than two weeks after President Biden blocked a $14 billion takeover of U.S. Steel by Nippon Steel.