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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 ...
Amid economic turbulence rivaling the 2008 financial crisis and the COVID-19 pandemic, American industry is searching for ...
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Cleveland-Cliffs CEO attacks Japan as he reiterates interest in acquiring U.S. SteelCleveland-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 ...
President Trump has ordered a review of the blocked Nippon Steel takeover of U.S. Steel, reversing the Biden administration's ...
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Cleveland-Cliffs CEO calls Japan ‘evil’ as he reiterates interest in acquiring U.S. SteelCleveland-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.
Japan is one of America’s closest allies ... Critics, including the United Steelworkers and allies of Cleveland-Cliffs, frame the deal as “foreign ownership.” But this is a mischaracterization.
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 ...
That’s because pricing gains are expected to “far outweigh” any reduction in volume caused by the tariffs, lifting ...
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