Watch CNBC’s full interview with Cleveland-Cliffs CEO Lourenco Goncalves

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Cleveland-Cliffs Chairman and CEO Lourenco Goncalves joins CNBC’s Morgan Brennan to discuss the company’s newly closed $2.8 billion acquisition of Canadian steelmaker Stelco, the strategic importance of North American manufacturing, and his views on steel tariffs and Chinese competition. Goncalves also shares insights on automotive industry relationships and his outlook for 2025, while addressing the ongoing US Steel-Nippon deal review.

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