My sole focus has been on protecting the jobs that exist today and, most importantly, having a clear path on investment so that we have jobs tomorrow and the next day and the next year and stretching out decades,
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 matter of if, but rather when.
Pittsburgh’s relationship with decline is complicated. The city lost half its population after the steel industry collapsed in the 1970s and 1980s, yet has clung to relevance as a mini-hub for medicine,
This past week, the Cleveland Cavaliers, Cleveland-Cliffs and Boys & Girls Clubs launched a new initiative within the Bigger than Basketball program with Keystone and Torch Club members at their first workshop of the year in Pittsburgh,
The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday. Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs,
If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not Cleveland.
Lawyers for U.S. Steel, Nippon and Cleveland-Cliffs sparred Friday morning in a Pittsburgh courtroom. Here's what went down.
A bizarre press conference held this Monday by Lourenco Goncalves, CEO of Ohio-based steelmaker Cleveland Cliffs, further underscored the imprudence of President Joe Biden’s move to nix Tokyo-based Nippon Steel’s acquisition of U.
There is only one Fortune 500 Company with "Cleveland" in its name. Why it matters: Maybe not for long. Driving the news: Cleveland-Cliffs CEO Lourenco Goncalves announced Monday in a rambling two-hour press conference that if a proposed acquisition of U.
Cleveland-Cliffs CEO Lourenco Goncalves said further consolidation of the steel industry would be beneficial for U.S. Steel and Cleveland-Cliffs, as it would result in more economies of scale. U.S. Steel's Clairton Coke Works Plant for instance could supply Cleveland-Cliffs' Indiana Harbor Works and Burns Harbor Works steel mills in Northwest Indiana,
The proposed deal kicked up an election year political maelstrom across America’s industrial heartland and quickly drew vows by Biden and Trump from the campaign trail in a critical battleground state to block the deal.