Cleveland Cliffs CEO on U.S. Steel rejecting $7.3 billion buyout offer

Lourenco Goncalves, Cleveland Cliffs CEO, joins 'Squawk on the Street' to discuss the company's attempt to purchase U.S. Steel, the rationale behind the deal, and the regulatory approval for the deal. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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[@scholarlyreader383]

Mr. Goncalves is an astute and very bright leader. I stand behind him 100%.

[@peachy1333]

He's a moron

[@gnosis7662]

During the full interview she kept mispronouncing his name and he corrected her at least three times but she never apologized and continued to butcher his name until the very end of the interview. It's either arrogance or total incompetency!

[@larsvongraff5794]

It’s not hard. It’s almost like she did that on purpose. Those pretty faces at the network don’t have much behind them. They just read a teleprompter. Most don’t know nothing about no nothing.

[@scholarlyreader383]

When people unintentionally pronounce your name. Is because they are obtuse or simply ANF deceptively trying to tell the party they don't belong.

[@matthewconaway3510]

Love LG! Long CLF!

[@afridgetoofar1818]

Rough day today. Ouch!

[@PaullyRR]

The name is Laurenco. LORE-EN-SO. Damn.

[@michaelorenstein9165]

She works for cnbc. What do you expect?!!

[@TORTLESSS]

i think thats how local brazilians would pronounce it, the c in his name is stylized as ç, which is probably like an s

[@signofthetimes1292]

He under bid for the assets. Bippon will clear US scrutiny and complete the buyout in November or December 2024.

[@franofilini1]

They edited her screwing his mame 3 times and him correcting her..lol

[@particles343]

Steel workers like unions. Elon doesn't. This is going to be interesting.

[@michaelhilber8284]

Glad to hear he himself drives an aluminum bodied car

[@konrad387]

President Trump should rise tariffs in February 2025 on steel to 40 %.And aluminum to 20%.Nation need new infrastructure, and rust belt will be reborn.

[@bobgray1226]

Wow I never heard US Steel was up for sale? And I never heard of Cleveland cliffs.... and while I'm at it? While I'm at it? It's August 27th and I'm pretty sure I haven't seen or heard on the news anything about sleepy Joe....in many many weeks...wonder why?

[@cityguyable]

She’s a real C U Next Tuesday

[@marijavasilevska1581]

wow, this guy is a CEO, I wouldn't let him be my janitor!

[@Image-X]

That “guy” is a whole lot smarter than you are. Now get back in the kitchen while adults do the talking.

[@kristopherrainbolt2617]

He's actually a phenomenal CEO with a perfect track record in the steel industry in both Brazil and the U.S., for decades. Turned around several companies.

[@marijavasilevska1581]

@@kristopherrainbolt2617 maybe the two of you can be bed buddies then?

[@marcopolo3109]

​@@marijavasilevska1581Why you need to replay in a mean manner. He had a point of view and gave an explanation with details about the CEO. You no need to misbehave.

[@marijavasilevska1581]

@@marcopolo3109 if you like him so much, you should go down on him!