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Cleveland-Cliffs CEO Lourenco Gonsalves is considering making a bid of not more than $30 per share for U.S. Steel if the deal with Nippon Steel falls apart. The CEO mentioned the possibility of another bid with union support, albeit at a significantly lower price.
Cleveland-Cliffs CEO Lourenco Goncalves says in an interview with CNBC that former President Trump told him that he would block the US Steel, Nippon Steel deal if he is elected president. $X
Cleveland-Cliffs CEO mulls much lower bid for US Steel if Nippon deal falls apart https://t.co/nzGBTkmGvo https://t.co/1rssXafXIS
$CLF $X US Steel Rival Is Ready to Pick Up the Pieces If Nippon Deal Collapses Cleveland-Cliffs Inc. Chief Executive Officer Lourenco Goncalves said he’d consider another bid — with union support — for United States Steel Corp., albeit at a significantly lower price than the…
