Cleveland-Cliffs CEO renews efforts to purchase U.S. Steel: "I have an all-American solution."
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.
Cleveland-Cliffs CEO attacks Japan as he reiterates interest in acquiring U.S. Steel
"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 still interested in U.S. Steel if pending merger fails
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 all-American solution,
Cleveland-Cliffs, Nucor making joint bid for U.S. Steel: report
Nippon's offer to buy USS was $14 billion while, according to Cliff CEO Lourenco Goncalves, Cliffs' final bid was $13.8 billion. Before Biden killed the Nippon deal, a bipartisan group, including incoming President Donald Trump, also opposed the deal.
Cleveland-Cliffs CEO blasts ‘evil’ Japan, home of rival Nippon Steel: ‘You did not learn anything since 1945’
There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, worth over $14 billion, citing national security.
Pompeo likens Cleveland-Cliffs CEO comments to Putin or Xi in US Steel dustup
Former Secretary of State Mike Pompeo tore into the CEO of Ohio-based steel company Cleveland-Cliffs for controversial comments he made about Japan, comparing the remarks to those of U.S. adversaries.
US Steel and Nippon sue Biden administration, Steelworkers union and Cleveland-Cliffs over their blocked merger
US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US ...
U.S. Steel, Nippon Steel blame Biden, Cleveland Cliffs and USW leadership for blocking deal
In dual lawsuits filed Jan. 6, U.S. Steel Corp. and Nippon Steel Corp. blame the Biden administration's politicizing its ...
ABC30 Action News4d
New rival bid for US Steel emerging as US extends deadline on Nippon's bid blocked by Biden
He said he would relocate Cleveland-Cliffs' headquarters to Pittsburgh ... to abandon plans to acquire U.S. Steel after President Joe Biden blocked the deal. The new deadline, now in mid-June ...
US Steel Stock Jumps as Cleveland-Cliffs and Nucor Reportedly Mull Joint Bid
KEY TAKEAWAYS U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a ...
The Washington Post4d
Cleveland-Cliffs CEO says he wants to buy U.S. Steel if Nippon deal fails
Steelmaker Cleveland-Cliffs on Monday indicated interest in acquiring U.S. Steel, less than two weeks after President Joe Biden blocked Japan-based Nippon Steel’s bid to buy the embattled ...