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.

Iron ore: not as pretty as gold, but in demand now. Photo by Peter Craven, Wikimedia Commons.

Instead Of Gold: Consider Iron. With Industrial Commodities In Demand, Here's A Hedged Bet On Our Top Iron Miner, Cleveland-Cliffs

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today provided updated financial guidance based on its most recent 2021 financial forecast. The Company's forecast includes the following expectations: Second-quarter 2021 adjusted EBITDA* of $1.3 billion Full-year 2021 adjusted EBITDA* of $5 billion The full-year expectation is based on current contractual business and the conservative assumption that the US HRC index price averages $1,175 per net ton for the remainder of the year.

Cleveland-Cliffs Announces Increase to Second-Quarter and Full-Year 2021 Financial Guidance

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Steel prices have been breaking record highs as of late thanks to strong demands underpinned by the reopening of manufacturing businesses and the global fiscal stimulus package for infrastructure. The diminishing steel supply from China, the world's largest steel producing country, also adds to the tailwinds for the U.S. steel industry.

CLF: Macro Driven Opportunity, Still Fundamentally Undervalued After Up 286% YoY

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Stonks Find Their Groove Back In Early Pre-Market After Thursday's Slump; AMC, UWM, ContextLogic Surge

ContextLogic Inc. (NASDAQ: WISH), Cleveland-Cliffs Inc. (NYSE: CLF) and AMC Entertainment Holdings Inc. (NYSE: AMC) are seeing higher interest on Reddit's r/WallStreetBets forum even as overall discussions on the forum have fallen overall. What Happened: E-commerce company ContextLogic and steelmaker Cleveland-Cliffs continued to be the most-discussed stocks on the forum with 1,466 mentions and 1,465 mentions, respectively, during the last 24 hours at press time, data from Quiver Quantitative showed.

WallStreetBets Activity Drops As Stonks Tank, ContextLogic, Cleveland-Cliffs, AMC See Highest Interest

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Cleveland-Cliffs Inc (NYSE:CLF) shares are trading higher Wednesday as iron ore prices rise amid supply concerns. The stock is attracting a growing interest in online trading communities.

Cleveland-Cliffs May Be Ready To See A Reversal In The Coming Weeks

The stock price of Cleveland-Cliffs Inc (NYSE: CLF) increased by 14.55% today. This is why it happened.

CLF Stock Price: 14.55% Increase Explanation

The steel mill and iron ore supplier saw a big jump and three bits of news. One was likely the most important today.

Why Cleveland-Cliffs Stock Jumped as Much as 18% Today

Cleveland-Cliffs Inc (NYSE:CLF) shares are trading higher by 13.2% at $22.92 Wednesday afternoon as iron ore prices rise amid supply concerns. There is also growing interest in the stock within online trading communities.

Why Cleveland-Cliffs Shares Are Trading Higher Today

Today, CLF stock is soaring as yet another potential short squeeze candidate loosely based on previous comments from the CEO from 2019. The post CLF Stock: How High Can r/WallStreetBets Squeeze Cleveland-Cliffs?

CLF Stock: How High Can r/WallStreetBets Squeeze Cleveland-Cliffs?

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs holds ribbon cutting ceremony at Direct Reduction plant in Toledo, OH on June 9, 2021.

Cleveland-Cliffs Holds Ribbon Cutting Ceremony at Direct Reduction Plant in Toledo

CLF's price is trading at a small premium to how much it should be relative to the price analysis conducted. But Cleveland-Cliffs' EV/EBITDA multiple is greatly underestimated if we consider how the company's EBITDA is going to change.

Cleveland-Cliffs: Not Mispriced But Undervalued

Cleveland-Cliffs (CLF) will utilize available liquidity for the redemption of Senior Notes due March 2025.

Cleveland-Cliffs (CLF) to Redeem Entire 5.75% Senior Notes

Should investors be excited or worried when a stock crosses above the 20-day simple moving average?

Cleveland-Cliffs (CLF) Recently Broke Out Above the 20-Day Moving Average

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it intends to redeem the entirety of its $396 million aggregate principal amount of outstanding 5.75% Senior Unsecured Guaranteed Notes due March 2025. Pursuant to the terms of the Notes and the Indenture governing the Notes, the Company expects the total payment to holders of the Notes including the redemption premium to be approximately $407 million, plus accrued and unpaid interest to the redemption date, whic

Cleveland-Cliffs to Fully Redeem 5.75% Senior Notes due 2025

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Beijing wants steel mills to help control the price of iron ore, a raw material key to making steel. Iron ore futures were down 10% on Friday.

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Cleveland-Cliffs stock has seen an impressive rise of 135% in the last six months and now trades at $20 per share. After the stock saw a sharp fall in early 2020 with the outbreak of the coronavirus pandemic leading to a drop in steel prices, the stock has rallied from $8.50 to $20 in the last.

Even After A 135% Rally, Cleveland-Cliffs Stock Looks Undervalued

As a long-term investor in Cleveland-Cliffs with cost basis in mid-single digits, I remain committed to my investment thesis. The previously skeptical sell-side analysts are suddenly recognizing the potential behind CLF, after the stock returned nearly 500%.

Cleveland-Cliffs Is A Long-Term Buy, But Don't Get Caught In The Short-Sighted Mania

Cleveland-Cliffs has used acquisitions to become the leader in rolled steel production just as the U.S. government looks to boost American industry. The post If US Industry Is Coming Back, It'll Need Cleveland-Cliffs' Rolled Steel appeared first on InvestorPlace.

If US Industry Is Coming Back, It'll Need Cleveland-Cliffs' Rolled Steel

Cleveland-Cliffs (CLF) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Cleveland-Cliffs (CLF) Stock Jumps 11.8%: Will It Continue to Soar?

Shares of the integrated steelmaker took off after an upgrade from an analyst.

Why Cleveland-Cliffs Stock Rocketed 10% in Morning Trading Today

The stock price of Cleveland-Cliffs Inc (NYSE: CLF) increased from $18.21 to $19.97 (up 9.67%) during intraday trading. This is why it happened.

News for Cleveland-Cliffs Stock (CLF)