Search results
Results From The WOW.Com Content Network
Cleveland-Cliffs CEO Lourenco Goncalves said Monday he had a plan to buy U.S. Steel as he launched a tirade against Japan, calling the close U.S. ally “evil” during a news conference. “I ...
Lourenco Goncalves, CEO of Cleveland-Cliffs, called Japan, the home of rival steelmaker Nippon Steel, ”evil” in a press conference on Monday, as the U.S. company prepares a new bid for U.S. Steel.
Cleveland-Cliffs CEO Lourenco Goncalves has been an outspoken supporter of tariffs, saying they can make a "long-term positive impact" in making "America a manufacturing superpower once again ...
Cleveland-Cliffs manages and operates four iron ore mines in Minnesota and two mines in Michigan, one of which, the Empire Mine, has been indefinitely idled. [3] These mines produce various grades of iron ore pellets, including standard and fluxed, for use in blast furnaces as part of the steelmaking process as well as Direct Reduced (DR) grade pellets for use in direct reduced iron (DRI ...
On February 15, 2024, Cleveland-Cliffs announced that it would shut down the Weirton tinworks on April 16th, with CEO Lourenco Goncalves stating that the United States International Trade Commission overturning an earlier Department of Commerce ruling allowing for higher tariffs on tinplate imports rendered the facility unprofitable to operate ...
Lourenco Goncalves, CEO of steelmaker Cleveland-Cliffs, which made a failed $7 billion bid for U.S. Steel in August 2023, participated in at least nine calls assuring investors that President Joe ...
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 CEO Lourenco Goncalves praised those reported plans to block the deal, even though they are not yet confirmed. “The last-minute threats by US Steel to shut down integrated ...