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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.
Amid economic turbulence rivaling the 2008 financial crisis and the COVID-19 pandemic, American industry is searching for ...
Cleveland-Cliffs' expansion and debt burden exacerbate its vulnerability in a market shifting away from virgin steel ...
Cleveland-Cliffs will also idle operations at two iron ... a joint venture with Japan-based steel manufacturer JFE Steel. The joint venture produces hot-dip galvanized sheet steel for automotive ...
President Trump has ordered a review of the blocked Nippon Steel takeover of U.S. Steel, reversing the Biden administration's ...
The US Steel-Nippon deal appears off again after Trump reiterated that it should not be sold to Japan shortly after ordering a positive review of the deal. Read why I rate X as Sell.
Photo: Kevin C. Cox/Getty Images/Adam Gray/Bloomberg News/Billy Tompkins/Zuma Press Media reports say Commerce Secretary Howard Lutnick is entertaining a new bid from Japan’s Nippon Steel after ...
Cleveland-Cliffs CEO Lourenco Goncalves said he had a plan to buy U.S. Steel after its sale to Japan's Nippon Steel collapsed. Goncalves went on a tirade against Japan during a press conference ...