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26 Feb
11:22

'Value over volume' to be Cleveland's motto: Goncalves

The newly forged steel operations of Cleveland-Cliffs will continue to focus on auto and high-value sheet as opposed to sheer volume, ceo Lourenco Goncalves says in the company’s year-end earnings call with analysts.  Cleveland-Cliffs now combines the assets of its legacy iron ore operations with the AK Steel and ArcelorMittal USA legacy steel melting and sheet rolling operations, Kallanish notes.  It is vertically integrated in a way that would m…
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