Cleveland-Cliffs CEO shows willingness to bid for U.S. Steel

Lourenco Goncalves insists Japan is evil and 'worse than China'

20250113 Cleveland-Cliffs

Cleveland-Cliffs CEO Lourenco Goncalves speaks at a news conference in Butler, Pennsylvania, on Jan. 13. (Screenshot from Cleveland-Cliffs YouTube)

AZUSA KAWAKAMI, Nikkei staff writer

NEW YORK -- Lourenco Goncalves, CEO of Cleveland-Cliffs, said that the American steelmaker is willing to acquire U.S. Steel, which has agreed to be purchased by Nippon Steel, stressing that Japan is "worse than China."

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