Cleveland-Cliffs reported low steel demand in 2024, but CEO argues Trump tariffs will create ‘new golden era’ in manufacturing; industry analyst doubts auto impact.
While US President Donald Trump’s plan to impose 25% tariffs on steel and aluminum imports may be good news for investors, it ...
Shares of Cleveland-based steelmaker Cleveland-Cliffs Inc. flirted with a 20% increase in value on Monday after President ...
Trump did pretty much the same with steel and aluminum tariffs during his first term. But they took a toll last time, ...
Should Trump proceed with the new tariffs next month, U.S. steelmakers still face headwinds. Benchmark prices were down 38% ...
The president’s plan to impose 25 percent tariffs on foreign steel and aluminum could protect U.S. suppliers, while ...
Cleveland-Cliffs expects to bounce back from a tough year for steel in 2024, with orders already showing signs of improving and benefits expected to flow through from the White House's sweeping ...
A fright train carries steel at the Cleveland-Cliffs Cleveland Works steel mill in Cleveland, Ohio. Photo: Getty Images Cleveland-Cliffs is partnering with peer Nucor to prepare a potential all ...
Cleveland-Cliffs chief executive Lourenco Goncalves ... can protect jobs and revitalize investment in the company’s steel mills. In their lawsuit, U.S. Steel and Nippon Steel said Cleveland ...
Cliffs examining bid for U.S. Steel in high-$30s per share-source Would then sell Big River Steel mill to partner Nucor-source Follows Biden blocking Nippon Steel's $55 a share cash bid for U.S ...
Joint bid for U.S. Steel assets would have Cleveland-Cliffs acquiring blast furnace mills and Nucor taking over Big River Steel, according to CNBC and Bloomberg. Reports published online are ...