Cleveland-Cliffs CEO Lourenco Goncalves said Monday he had a plan to buy U.S. Steel as he launched a tirade against Japan, calling the close U.S. ally “evil” during a news conference.

About 630 workers will be affected as the company plans to idle two mines amid ongoing discussions about the consequences of President Donald Trump's 25% tariffs on steel imports.

Why it matters: That's the easiest way to understand what we saw yesterday from Cleveland-Cliffs CEO Lourenco Goncalves, who for nearly two hours spoke and took questions during a rambling press ...

Cleveland-Cliffs has underperformed, offering 46.2% returns over the last decade versus the S&P 500's 206%. Read why I remain ...

Lourenco Goncalves, Cleveland-Cliffs chairman and CEO, joins CNBC's 'Squawk on the Street' to discuss outlooks on trade, strengthening domestic steel in the U.S., and more. House cancels rest of ...

CLEVELAND — On Friday, Republican U.S. Senator Bernie Moreno and Cleveland-Cliffs CEO Lourenco Goncalves spoke before a group of steelworkers about the future of steel manufacturing in Ohio.

On Friday, Republican U.S. Senator Bernie Moreno and Cleveland-Cliffs CEO Lourenco Goncalves spoke before a group of ...

Cleveland-Cliffs CEO Lourenco Goncalves said he had a plan to buy U.S. Steel after its sale to Japan's Nippon Steel collapsed. Goncalves went on a tirade against Japan during a press conference ...