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.

Earnings data Q1 2021

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Earnings data Q4 2024

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.

ArcelorMittal

The integrated mining and steel producer is building on its recent acquisition of AK Steel.

Cleveland-Cliffs Continues Steel Consolidation With Purchase of ArcelorMittal

The onetime miner is starting to look more and more like a steelmaker after this billion-dollar announcement.

Why Cleveland-Cliffs Stock Jumped 10% at the Open Today

Iron ore miner Cleveland-Cliffs Inc. (NYSE: CLF) announced late Sunday that it will pay $1.4 billion to acquire the U.S.

Cleveland-Cliffs Getting More Vertical With ArcelorMittal USA Acquisition

Cleveland-Cliffs Inc (NYSE: CLF) announced Monday it has signed an agreement to purchase the United States unit of ArcelorMittal S.A. (NYSE: MT).

Cleveland-Cliffs To Buy ArcelorMittal's US Unit For $1.4B

Cleveland-Cliffs Inc, the largest U.S. producer of iron ore pellets, said on Monday it had agreed to buy U.S. assets of the world's largest steelmaker ArcelorMittal SA for about $1.4 billion.

Cleveland-Cliffs to buy U.S. assets of ArcelorMittal for about $1.4 billion

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced that it has entered into a definitive agreement with ArcelorMittal S.A. (NYSE: MT), pursuant to which Cleveland-Cliffs will acquire substantially all of the operations of ArcelorMittal USA LLC and its subsidiaries (“ArcelorMittal USA”) for approximately $1.4 billion. Upon closure of the transaction, Cleveland-Cliffs will be the largest flat-rolled steel producer in North America, with combined shipments of approximately 17

Cleveland-Cliffs Inc. to Acquire ArcelorMittal USA

ArcelorMittal SA , the world's largest steelmaker, is exploring a deal to merge its U.S. operations with Cleveland-Cliffs Inc , the largest U.S. producer of iron ore pellets, people familiar with the matter said on Sunday.

Exclusive: ArcelorMittal in talks to merge U.S. assets with Cleveland-Cliffs - sources

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In spite of the short-term difficulties facing Cleveland-Cliffs, the long-term investment thesis remains intact.

Cleveland-Cliffs: The Long-Term Investment Thesis Remains Intact

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Cleveland-Cliffs (CLF) reported earnings 30 days ago. What's next for the stock?

Why Is Cleveland-Cliffs (CLF) Up 14.3% Since Last Earnings Report?

After dropping to more than a decade low of $3, Cleveland-Cliffs stock has recovered about 80% in the last 4 months, while the S&P 500 has increased about 46% during the same period. CLF has been able to outperform the broader market with the US government announcing a string of measures along.

Cleveland-Cliffs’ Foray Into Steel: Zero Impact?

Cleveland-Cliffs (CLF) anticipates idle costs for the third quarter to be less than $50 million.

Cleveland-Cliffs (CLF) Q2 Earnings & Revenues Beat Estimates

Cleveland-Cliffs Inc. (CLF) CEO Lourenco Goncalves on Q2 2020 Results - Earnings Call Transcript

Cleveland-Cliffs (CLF) delivered earnings and revenue surprises of 39.22% and 2.39%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Cleveland-Cliffs (CLF) Reports Q2 Loss, Tops Revenue Estimates

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported second-quarter results for the period ended June 30, 2020.

Cleveland-Cliffs Inc. Reports Second-Quarter 2020 Results

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CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. announced that it is increasing current spot market base prices for all carbon flat-rolled products.

Cleveland-Cliffs Inc. Announces Price Increase for Carbon Steel Products

Investors need to pay close attention to Cleveland-Cliffs (CLF) stock based on the movements in the options market lately.

Implied Volatility Surging for Cleveland-Cliffs (CLF) Stock Options

CLEVELAND--(BUSINESS WIRE)--AK Steel, a wholly-owned subsidiary of Cleveland-Cliffs (NYSE: CLF), was named GM Supplier of the Year by General Motors for Raw Materials.

Cleveland-Cliffs’ Subsidiary AK Steel Recognized by General Motors as a 2019 Supplier of the Year Winner

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Coronavirus-induced disruptions led to a decline in crude steel production in every region in May.

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Cleveland-Cliffs’ stock price has declined by about 33% in the last three and a half years, when the stock price dropped from $8.41 at the end of 2016 to $5.60 as on 19th June 2020. That’s bad news for CLF.

Cleveland-Cliffs vs. Vale

There wasn't any news from the company, but investors have some reasonable concerns based on Cleveland-Cliffs' peer group.

News for Cleveland-Cliffs Stock (CLF)