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Listen to the PodcastCleveland-Cliffs is not just a local household name in Northeast Ohio manufacturing and economic development. It is North America's largest flat-rolled steel producer and the largest supplier of automotive-grade steel in the nation. Since 2014, Lourenco Goncalves has been Chairman, President and Chief Executive Officer of Cleveland-Cliffs. Mr. Goncalves successfully led four major company acquisitions beginning with AK Steel in March 2020, followed by the acquisition of ArcelorMittal USA in December 2020, Ferrous Processing and Trading Company in November 2021 and most recently Canadian-based Stelco Holdings Inc. in November 2024.
In 2023, Cleveland-Cliffs offered to buy Pittsburgh-based U.S. Steel in a merger that would have cement Cleveland-Cliffs as the nation's largest steelmaker--bringing more jobs and opportunity to the region. Instead, U.S. Steel rejected the offer in favor of a higher bid from Japanese firm Nippon Steel. President Biden blocked the merger in January, citing national security concerns, specifically the belief that U.S. Steel should remain an American-owned company to support the domestic steel production and strengthen U.S. supply chains. President Trump has also opposed Nippon’s acquisition of U.S. Steel.
Join us at the City Club as we hear from Cleveland-Cliffs CEO Lourenco Goncalves, in conversation with Greater Cleveland Partnership's Baiju Shah on the future of American steel manufacturing and Cleveland-Cliff's impact on economic development here in Northeast Ohio.
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Tickets may be still purchased after Wednesday, February 19th at noon by calling Stacy Holmes at (216) 621-0082.
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The livestream will be available beginning at 12:00pm. Have questions? Send a text to 330.541.5794.
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