Cleveland-Cliffs CEO Lourenco Goncalves criticized the deadline extension keeping Nippon Steel's bid to acquire U.S. Steel alive months longer than originally intended.

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.

Cleveland Cliffs CEO Lourenco Goncalves said on Monday that he wants to purchase U.S. Steel and reopen the Weirton, West Virginia plant that closed in 2024.

Goncalves’ remarks about Japan being 'evil' stunned many in Tokyo, with a senior Foreign Ministry official describing them as extremely shocking.

Lourenco Goncalves marked the anniversary of his arrival in the United States from Brazil and the acquisition of AK Steel, by holding a news conference at the company’s Butler Works.

Cleveland-Cliffs is partnering with peer Nucor to prepare a potential all-cash bid for U.S. Steel, with an offer in the high $30s per share, a person familiar with the matter said on Monday. Cliffs is aiming to purchase all of U.

It's a battle over U.S. Steel and the future of steelmaking in the region - with fiery words, the CEO of Cleveland-Cliffs said his company is once again trying to buy the company. "The United States of America,

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.”