The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security grounds.
US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against ... CEO of rival steelmaker Cleveland-Cliffs and Dave McCall, president of the ...
"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.
Cleveland-Cliffs CEO Lourenco Goncalves said he wants to make an "all-American solution" bid to save U.S. Steel.
Cleveland-Cliffs CEO Lourenco Goncalves’ nearly two-hour news conference Monday afternoon was called to mark five years since ...
The CEO of American-owned and operated Cleveland Cliffs says he’s putting in a bid to buy U.S. Steel. He says it’s not a ...
Citing national security concerns and following an expansive but divided Treasury Department review, President Joe Biden ...
Cleveland-Cliffs CEO Lourenco Goncalves said Monday his company is ready to make another offer for U.S. Steel if its ...
U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the ...
Cleveland-Cliffs began the takeover drama in the summer of 2023 by making a $7.3 billion bid to buy U.S. Steel.
NEW YORK -- At the center of the legal battle over Nippon Steel's planned purchase of U.S. Steel is a pair of strong ...
Development follows the Biden Administration's decision to block Japan's Nippon Steel from taking over US Steel.