Cleveland-Cliffs

Cleveland-Cliffs, Inc. is a flat-rolled steel producer, which supplies iron ore pellets to the North American steel industry. It engages in the production of metallics and coke, iron making, steelmaking, rolling and finishing, and downstream tubular components, stamping, and tooling. The company was founded in 1847 and is headquartered in Cleveland, OH.

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Cleveland-Cliffs excels in 2022, focuses on cost efficiency and sustainability

Cleveland-Cliffs had a robust 2022, focusing on financial strength, cost efficiencies, and sustainability initiatives while navigating pricing challenges.
The company's commitment to reducing costs, enhancing client relationships, and pursuing growth opportunities positions it well for future success.
Despite financial challenges, Cleveland-Cliffs remains resilient, prioritizing operational excellence and strategic initiatives for sustainable growth.

Cleveland-Cliffs (CLF) doubles EBITDA in Q1, eyes green energy opportunities

Cleveland-Cliffs (CLF) reported a strong Q1 performance, exceeding expectations in key metrics and profitability. The company's strategic focus on cost management, sustainability, and high-value-added products positions it well for continued success in 2023. While challenges in cost management and inventory levels exist, opportunities in green energy markets and automotive demand offer avenues for growth.

Cleveland-Cliffs (CLF) reports stellar Q2 results and eyes growth opportunities

Cleveland-Cliffs (CLF) excelled in Q2, showcasing financial strength, operational efficiency, and sustainability efforts. While facing challenges in pricing and volume shifts, the company's strategic strengths and growth opportunities position it well for continued success. CLF's focus on innovation, cost reduction, and shareholder value creation underpins its positive outlook.

Cleveland-Cliffs reports robust Q3 earnings, eyes cost efficiencies and growth

Cleveland-Cliffs' Q3 performance reflects financial strength and strategic focus on cost efficiency and shareholder value. Challenges include the impact of the UAW strike and competitive pressures in the automotive industry. The company is well-positioned to capitalize on opportunities for cost savings and diversified demand.

Cleveland-Cliffs (CLF) reports strong Q4 earnings, prioritizes shareholder value

Cleveland-Cliffs (CLF) showcased robust financials in Q4 2023, prioritizing shareholder value through buybacks and debt reduction. Despite challenges in market dynamics and competition, CLF's focus on technological advancement and operational efficiency positions them well for future growth and stability.

Cleveland-Cliffs prioritizes shareholder value and sustainability in Q1 2024

Cleveland-Cliffs prioritizes shareholder value through share buybacks and sustainable initiatives, showcasing a rebound in profitability and commitment to long-term growth.
The company faces challenges from trade imports impacting facilities and pricing misalignments with competitors, while opportunities lie in decarbonization projects and operational enhancements.
Overall, Cliffs' performance in Q1 reflects a strategic focus on shareholder returns, workforce support, and organic growth, positioning itself for sustainable value creation and market expansion.

Cleveland-Cliffs (CLF) reports robust Q2 earnings, eyes growth opportunities

CLF's Q2 performance reflects financial strength, operational efficiency, and strategic priorities for growth and sustainability.
While facing challenges from market dynamics, CLF's disciplined approach to cost management and investments in growth areas offer resilience.
Opportunities in automotive sector, M&A, and sustainability initiatives position CLF for future expansion and value creation.
Overall, CLF's focus on financial discipline, market diversification, and sustainability goals underpin its strategic direction and long-term success.

Cleveland-Cliffs reports Q3 earnings impacted by steel demand challenges

Cleveland-Cliffs navigated challenges in Q3 with commendable cost performance and strategic acquisitions. The company's focus on operational efficiency and market positioning bodes well for future growth. Opportunities for expansion and synergy realization from the Stelco acquisition are key drivers of optimism.

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Cleveland-Cliffs, Inc. operates as a flat-rolled steel company, which supplies iron ore pellets to the North American steel industry. It engages in the production of metallic and coke, iron making, steelmaking, rolling and finishing, and downstream tubular components, stamping, and tooling. The company was founded in 1847 and is headquartered in Cleveland, OH.

Cleveland-Cliffs Inc (NYSE: CLF) will buy Ferrous Processing and Trading Company (FPT), including certain related entities, for about $775 million, the Ohio-based steelmaker revealed in a press release on Monday.   Cleveland shares jumped more than 6.0% on the news this morning.

Lebenthal on Cleveland-Cliffs' FPT acquisition: ‘it's an important strategic deal'

Cleveland-Cliffs Inc (NYSE:CLF) is in the spotlight today, after announcing a new acquisition that will see the steel and iron producer enter the scrap metal business.

Call Traders React to Cleveland-Cliffs Acquisition

Cleveland-Cliffs Inc. CLF, -0.48% said Monday it is entering the scrap metal business with the acquisition of Ferrous Processing and Trading Company (FPT) in a deal with an enterprise value of about $775 million. The Detroit-based FPT accounts for about 15% of the prime ferrous scrap market in the U.S., making it one of the biggest processors and distributors of the metal.

Cleveland-Cliffs to enter scrap business with acquisition of Ferrous Processing in $775 million deal

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (the “Company”) (NYSE: CLF) announced today that it has entered into a definitive agreement to acquire Ferrous Processing and Trading Company, including certain related entities (“FPT”), for a total enterprise value of approximately $775 million, on a cash-free, debt-free basis and subject to customary adjustment (“the FPT Acquisition”). Based in Detroit, FPT is among the largest processors and distributors of prime ferrous scrap in the United S

Cleveland-Cliffs Enters the Scrap Business and Announces Acquisition

Cleveland-Cliffs' (CLF) agreement with UAW enables it to maintain its competitive cost structure in flat-rolled steel compared with any of its peers.

UAW Employees Ratify Cleveland-Cliffs' (CLF) New Labor Deal

Cleveland-Cliffs shares are jumping today, but the chart remains tricky. Here's how to play CLF stock now with an options strategy.

Cleveland-Cliffs Is Trying to Bottom, But Concerns Remain

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U.S. steel prices have skyrocketed in 2021, and steel stocks have mostly followed suit. One major Wall Street firm adjusted its coverage of steel stocks on Wednesday ahead of an anticipated correction in the steel market in the months ahead.

Goldman Sachs Downgrades US Steel, Upgrades Cleveland-Cliffs Ahead Of Steel Market Mean Reversion

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Cleveland-Cliffs stock has been on a declining trend for more than a month. The stock, which currently trades at $20 per share, has dropped more than 6% in just the last one week compared to a 3% fall in the S&P 500.

With Iron Ore Prices Tanking, How Is Cleveland-Cliffs' Stock Performing?

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that its employees represented by the United Auto Workers (UAW) Local 3044 have ratified a three-year labor contract for its Rockport Works operation. The new contract is effective from October 1, 2021 through September 30, 2024. The new contract will cover approximately 350 UAW-represented workers at Rockport. Lourenco Goncalves, Chairman, President and CEO, stated, “Our union workforce is at the core of not just wha

Cleveland-Cliffs' New 3-Year Labor Contract with United Auto Workers Ratified at Rockport Works

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Steel companies are benefiting from surging demand and prices, and the future looks bright. Yet, the stocks remain among Wall Street's cheapest.

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Despite a significant drawdown over the last month, I see several reasons why the stock may bounce off its current support level and show good returns in the medium term. We are once again in a situation where the rise in prices for the main products for the company outstrips the growth of its stock due to the sharp fall.

Cleveland-Cliffs Stock: Why I'm Loading Up After The 16.5%-Drop

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce its third-quarter 2021 earnings results before the U.S. market open on Friday, October 22, 2021. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on October 22, 2021, at 10:00am ET. The call can be accessed at www.clevelandcliffs.com and will also be archived and available for replay at that address. Abou

Cleveland-Cliffs to Announce Third-Quarter 2021 Earnings Results on October 22

Cleveland-Cliffs (CLF) closed at $19.81 in the latest trading session, marking a -0.55% move from the prior day.

Cleveland-Cliffs (CLF) Stock Moves -0.55%: What You Should Know

Steel stocks like Cleveland-Cliffs are reeling in the wake of the China Evergrande story. Here are two ways to trade CLF stock now.

How To Trade Cleveland-Cliffs After the Recent Rout

The housing market is slowing and China is looking to rein in its real estate sector. But the overall prognosis for CLF stock is favorable.

Despite a Less Favorable Outlook, Cleveland Cliffs Remains a Buy

Clevland-Cliffs Inc (NYSE:CLF) is popping today, last seen up 4.8% to trade at $20.93, and if past is precedent, the mining stock could be getting ready to bounce even higher.

Cleveland-Cliffs Stock Could Be Poised for Fresh Highs

CLF stock suffered a huge drop on Monday, as the rapidly-dropping price of iron ore hit mining stocks hard. The post Cleveland-Cliffs Stock Was Hit Hard by the Drop in Iron Ore Prices appeared first on InvestorPlace.

Cleveland-Cliffs Stock Was Hit Hard by the Drop in Iron Ore Prices

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A double blow from China sent metal stocks tumbling, but you should wait before dumping your shares.

Why Nucor, Cleveland-Cliffs, and Ferroglobe Shares Crashed Today

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China's move to curb production of steel has hit prices of iron ore, steel's key ingredient.

Cleveland-Cliffs and Freeport-McMoRan Slump as Iron Ore's Slide Resumes

With infrastructure spending about to boom, and automakers anxious to ramp up production, CLF stock is a solid long-term growth bet. The post The Slide in Cleveland-Cliffs Stock Is Opportunity Knocking at the Door appeared first on InvestorPlace.

The Slide in Cleveland-Cliffs Stock Is Opportunity Knocking at the Door

In this article, I've made a Net Asset Value DCF model based on Cleveland-Cliffs' 2P (proven and probable) reserves. The conservative assumptions of my model promise a huge upside potential to CLF's current price.

Cleveland-Cliffs: NAV Valuation Promises A Huge Upside

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Cleveland-Cliffs powers ahead with a quarterly positive free cash flow. CLF stock is worth 31 % more at $31.28 per share, assuming a 6.9% FCF margin and an FCF yield metric of between 7.5% and 10%.

Cleveland-Cliffs Investors, Set Your Sights on $31

CLF stock has performed well in 2021 but some fundamental risks could threaten its momentum, from high debt to a slowing economic recovery. The post Cleveland-Cliffs Needs to Fix its Fundamentals to Maintain Momentum appeared first on InvestorPlace.

News for Cleveland-Cliffs Stock (CLF)