Lourenco Goncalves

Lourenco Goncalves

business executive United States

Lourenco Goncalves is the CEO of Cleveland-Cliffs, a major player in the North American steel industry. Under his leadership, the company has sought to expand its operations and strengthen its market position, particularly through strategic acquisitions. Recently, Goncalves expressed interest in acquiring U.S. Steel, proposing a '100% American solution' for the company. His approach reflects a broader trend in the steel industry towards consolidation and innovation, as companies navigate the complexities of international competition and domestic production challenges.

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Recent Mentions

United States United States: Lourenco Goncalves, CEO of Cleveland Cliffs, expressed that raising the tariffs to 50% will only increase the cost of building a car by $300. 6

CNN: The Trump administration just doubled the tariffs on steel and aluminum imports. Here’s what that means

Canada Canada: Lourenco Goncalves, CEO of Cleveland-Cliffs, supports U.S. tariffs and acknowledges the challenges posed by foreign steel dumping. 6

The Globe and Mail: Steel producers call on Ottawa to tariff foreign dumpers to offset pain from U.S. duties