Cliffs Welcomes Nippon Steel's Acquisition of u.s. Steel in Support of u.s. Administration's Steel Policy

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[New York - Kawakami Azusa] On the 21st, Lourenco Goncalves, CEO of Cleveland-Cliffs, a major American steelmaker, said of Nippon Steel's completed acquisition of U.S. Steel, "This demonstrates the strength and attractiveness of the U.S. steel market." Cliffs had consistently opposed Nippon Steel's acquisition, but has now turned around and welcomed it, emphasizing its support for the U.S. administration's steel policies. He made the comments at…

熊本日日新聞社

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[New York Joint] On the 21st, Cleveland-Cliffs CEO Goncalves spoke favorably of Nippon Steel's acquisition of fellow steelmaker U.S. Steel, saying, "It speaks to the strength and attractiveness of the U.S. steel market."