ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for tools Level up your trading with our powerful tools and real-time insights all in one place.

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
14.75
Bid
-
Ask
-
Volume
5,407,533
14.645 Day's Range 14.92
13.84 52 Week Range 22.97
Market Cap
Previous Close
14.71
Open
14.78
Last Trade
14
@
14.745
Last Trade Time
15:10:03
Financial Volume
$ 79,801,160
VWAP
14.7574
Average Volume (3m)
8,434,055
Shares Outstanding
498,289,476
Dividend Yield
-
PE Ratio
18.42
Earnings Per Share (EPS)
0.8
Revenue
22B
Net Profit
399M

About Cleveland Cliffs Inc

Cleveland-Cliffs Inc is a flat-rolled steel producer and a manufacturer of iron ore pellets in North America. It is vertically integrated from mined raw materials and direct reduced iron to primary steelmaking and downstream finishing, stamping, tooling and tubing. The company serves a diverse range... Cleveland-Cliffs Inc is a flat-rolled steel producer and a manufacturer of iron ore pellets in North America. It is vertically integrated from mined raw materials and direct reduced iron to primary steelmaking and downstream finishing, stamping, tooling and tubing. The company serves a diverse range of markets due to its comprehensive offering of flat-rolled steel products and supplying of steel to the automotive industry in North America. The group employs approximately 26,000 people across its mining, steel and downstream manufacturing operations in the United States and Canada. Show more

Sector
Metal Mining
Industry
Metal Mining
Headquarters
Cleveland, Ohio, USA
Founded
1970
Cleveland Cliffs Inc is listed in the Metal Mining sector of the New York Stock Exchange with ticker CLF. The last closing price for Cleveland Cliffs was $14.71. Over the last year, Cleveland Cliffs shares have traded in a share price range of $ 13.84 to $ 22.97.

Cleveland Cliffs currently has 498,289,476 shares outstanding. The market capitalization of Cleveland Cliffs is $7.35 billion. Cleveland Cliffs has a price to earnings ratio (PE ratio) of 18.42.

Cleveland Cliffs (CLF) Options Flow Summary

Overall Flow

Bearish

Net Premium

-463k

Calls / Puts

100.00%

Buys / Sells

80.00%

OTM / ITM

42.86%

Sweeps Ratio

0.00%

CLF Latest News

Cleveland-Cliffs Announces New Greenhouse Gas Emissions Reduction Goals

Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has set new greenhouse gas (GHG) emissions reduction targets. The Company’s prior commitment to reduce absolute Scope 1 (direct) and...

Cleveland-Cliffs Reminds U.S. Steel: You Have No Path to Close

Cleveland-Cliffs Inc. (NYSE: CLF) today addressed the inaccurate allegations published by the U.S. Steel Board on May 21, 2024, regarding its doomed attempt to sell its company to a foreign buyer...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.29-1.9281914893615.0415.1814.421169591714.83060927CS
4-2.46-14.294015107517.2117.4114.42878614315.77739159CS
12-7.54-33.826828174122.2922.9714.42843405518.03797626CS
26-6.3-29.928741092621.0522.9714.42856072919.03363047CS
52-1.44-8.8943792464516.1922.9713.84911237117.50632457CS
156-5.68-27.802251590820.4334.0411.8251445787919.96435963CS
2604.1839.54588457910.5734.042.631436839816.57132955CS

Market Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
GRDIGRIID Infrastructure Inc
$ 1.38
(146.43%)
145.37M
ZAPPZapp Electric Vehicles Group Ltd
$ 2.9101
(113.98%)
87.8M
MGOLMGO Global Inc
$ 0.7754
(69.15%)
153.7M
RELIReliance Global Group Inc
$ 0.596274
(52.46%)
126.74M
MOLNMolecular Partners AG
$ 10.81
(35.80%)
320.59k
WHLRWheeler Real Estate Investment Trust Inc
$ 2.71
(-82.76%)
149.31k
KAVLKaival Brands Innovations Group Inc
$ 2.76
(-38.67%)
1.06M
MBIOMustang Bio Inc
$ 0.5525
(-35.01%)
35.9M
SONNSonnet BioTherapeutics Holdings Inc
$ 1.02
(-33.33%)
358.5k
TRVNTrevena Inc
$ 0.238701
(-32.65%)
37.4M
NVDANVIDIA Corporation
$ 130.9602
(-3.41%)
414.73M
NKLANikola Corporation
$ 0.335
(-30.34%)
229.32M
SMXSMX Security Matters Public Company
$ 0.1438
(20.84%)
170.27M
MGOLMGO Global Inc
$ 0.7754
(69.15%)
153.7M
GRDIGRIID Infrastructure Inc
$ 1.38
(146.43%)
145.37M

CLF Discussion

View Posts
abracky abracky 2 days ago
CLF production better than US STEEL.
READ THE CHART.
We should be at $55 a share.


https://worldsteel.org/data/top-producers/
👍️0
abracky abracky 2 days ago
https://seekingalpha.com/article/4699609-us-steel-focus-on-falling-steel-prices-instead-of-the-most-likely-dead-buyout?mailingid=35761687&messageid=must_reads&serial=35761687.345952&source=email_must_reads
👍️0
abracky abracky 3 days ago
Up soon.



Cleveland-Cliffs has received several prestigious industry awards for its business and financial performance.


Annual S&P Global Platts Global Metals Awards

The Global Metals Award program recognizes exemplary performance in the metals and mining industry. Cleveland-Cliffs took top honors in three categories.

2021: The Deal of the Year Award
Recognizing the significance and success of the Company’s 2020 acquisitions.

2021: Metals Company of the Year
Selecting a company for all-around excellence in executing a total metals strategy.

2021: CEO/Chairperson of the Year
Honoring a leader who is highly respected by both peers and competitors, admired and followed by employees, trusted by investors and welcomed by the community. Mr. Goncalves was recognized for his leadership and taking decisive action and adapting to market shifts by balancing long-term growth with short-term challenges.



General Motors Supplier of the Year

GM recognized the best and distinguished global suppliers with the highest quality and innovation in the automotive industry. This is the fourth consecutive year Cleveland-Cliffs/AK Steel has received this award.


Association for Iron & Steel Technology (AIST) Steelmaker of the Year

The Steelmaker of the Year award recognizes prominent leaders and their contribution to the steel industry. Mr. Goncalves was honored for his distinguished career, strong leadership, passion and outstanding contributions to the global mining and steel industries for more than 30 years.


Fastmarkets Global Awards for Steel Excellence - Advocate of the Year

The Steel Excellence awards honor truly exceptional and the “best of the best” steel industry thought leaders and organizations.

Mr. Goncalves was named Advocate of the Year for his longtime leadership within the steel industry and transformation of Cliffs into a leading steel company.


Fastmarkets Global Awards for Steel Excellence - Scrap Company of the Year

The Steel Excellence awards honor truly exceptional and the “best of the best” steel industry thought leaders and organizations.

Ferrous Processing and Trading Co. was recognized by steel producers, service centers, scrap companies, pipe and tube producers and suppliers of materials and services in the steel industry.



Association of Steel Distributors (ASD) Steel Executive of the Year

This award, received by Mr. Goncalves, recognizes distinguished individuals who have made lasting contributions to the steel distribution industry over a significant period of time.

General Motors Supplier of the Year

GM recognized the best and distinguished global suppliers with the highest quality and innovation in the automotive industry. This is the sixth consecutive year Cleveland-Cliffs has received this award.


Willy Korf/Ken Iverson Steel Vision Award

2022: Mr. Goncalves was presented with the award, which honors individuals who have made significant contributions to the steel industry while promoting goodwill and integrity.

👍️0
abracky abracky 3 days ago
Are Cleveland-Cliffs Inc.'s (NYSE:CLF) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?


https://finance.yahoo.com/news/cleveland-cliffs-inc-nyse-clf-140159256.html
👍️0
DewDiligence DewDiligence 7 days ago
One CLF director, Douglass Taylor, went against the grain and sold $500K worth of stock two days ago:

https://www.sec.gov/Archives/edgar/data/764065/000076406524000152/xslF345X05/wk-form4_1718317004.xml

Taylor still owns >100,000 shares (~$1.5M worth).
👍️0
DewDiligence DewDiligence 1 week ago
Two more insider buys—$300K by one independent director and $100K by another independent director:

https://www.sec.gov/Archives/edgar/data/764065/000076406524000150/xslF345X05/wk-form4_1718303164.xml
https://www.sec.gov/Archives/edgar/data/764065/000076406524000146/xslF345X05/wk-form4_1718283217.xml

All told, there are now four insider buys this week, and five insider buys since 5/1/24—see #msg-174593789.
👍️0
abracky abracky 1 week ago
👍️0
abracky abracky 1 week ago
https://www.benzinga.com/insights/news/24/06/39314906/ben-oren-of-cleveland-cliffs-shows-optimism-buys-100k-in-stock
👍️0
DewDiligence DewDiligence 1 week ago
More insider buying—independent director bought $1M of stock on the open market today:

https://www.sec.gov/Archives/edgar/data/764065/000076406524000148/xslF345X05/wk-form4_1718294709.xml

For other recent insider buys, see #msg-174340346 (CEO) and #msg-174587787 (CFO).
👍️0
abracky abracky 1 week ago
https://www.msn.com/en-us/money/topstocks/cleveland-cliffs-clf-stock-slides-as-market-rises-facts-to-know-before-you-trade/ar-BB1o7iXT
👍️0
DewDiligence DewDiligence 1 week ago
CFO, Celso Goncalves bought $100K of stock on the open market today:

https://www.sec.gov/Archives/edgar/data/764065/000076406524000144/xslF345X05/wk-form4_1718212569.xml

Celso Goncalves owns about $5M worth of CLF stock at the current market price.

p.s. CLF’s CEO, Lourenco Goncalves, is a much larger shareholder (#msg-174340346).
👍️0
MadCityCyclone MadCityCyclone 1 week ago
FWIW, mostly "meh" to me.

https://www.sec.gov/Archives/edgar/data/764065/000195004724004648/xsl144X01/primary_doc.xml
👍️0
abracky abracky 1 week ago
https://www.schaeffersresearch.com/content/news/2024/06/11/cleveland-cliffs-stock-eyes-7th-straight-loss-after-bear-note
👍️0
abracky abracky 1 week ago
Check out @abracky message on Stocktwits http://stocktwits.com/abracky/message/576057430
👍️0
abracky abracky 2 weeks ago
https://www.uppermichiganssource.com/2024/05/20/ryan-report-may-19-2024/
👍️0
eddie51 eddie51 2 weeks ago
I can wait!
👍️0
abracky abracky 2 weeks ago
The shorts have been playing with CLF for years.

Always comes back.

https://markets.businessinsider.com/news/stocks/analyst-scoreboard-8-ratings-for-cleveland-cliffs-1033458825
👍️0
abracky abracky 2 weeks ago
BARRONS. The shorts favorite reading.
👍️0
abracky abracky 2 weeks ago
Have to Subscribe.

June 05, 2024 03:10 PM15 HOURS AGO

KeyBank recruits its new sustainability director from Cleveland-Cliffs

👍️0
abracky abracky 2 weeks ago
Good read.

https://www.bovnews.com/2024/06/05/is-price-to-earnings-ratio-of-21-98-for-cleveland-cliffs-inc-nyseclf-stock-digestible/
👍️0
abracky abracky 2 weeks ago
Here we go.

https://www.pennlive.com/politics/2024/06/steelton-steel-plant-showcases-how-1-trillion-infrastructure-law-is-reaping-benefits-for-pa.html
👍️ 1
wedinra wedinra 3 weeks ago
NLMK needs this deal to protect it from the threat of seizure of Russian assets and import restrictions of slab steel from Russian companies. The USW needs this deal to protect its members from layoffs caused by those policies.
For CLF the deal would mean a 10% increase in capacity at a bargain price. Rick
👍️ 3
DewDiligence DewDiligence 3 weeks ago
CLF seeking_to acquire US assets_of Novolipetsk Steel, according_to_sources:

https://finance.yahoo.com/news/cleveland-cliffs-talks-buy-us-135133649.html
👍️0
abracky abracky 4 weeks ago
https://finance.yahoo.com/news/cleveland-cliffs-announces-greenhouse-gas-110000144.html
👍️ 1
abracky abracky 4 weeks ago
Cleveland-Cliffs Reminds U.S. Steel: You Have No Path to Close

Source: Business Wire
Cleveland-Cliffs Inc. (NYSE: CLF) today addressed the inaccurate allegations published by the U.S. Steel Board on May 21, 2024, regarding its doomed attempt to sell its company to a foreign buyer without Union support.
Lourenco Goncalves, Cliffs Chairman, President and Chief Executive Officer, said:
“At Cleveland-Cliffs, we only deal with transparency. It is unfortunate that the U.S. Steel Board of Directors is just now realizing that it announced an un-closeable deal and is trying to blame Cliffs for its terrible decision-making.
There has been nothing we have publicized or said publicly that could be described as ‘misinformation.’ From our first offer to acquire U.S. Steel to our final (now expired) offer on December 15, we stressed the necessity of keeping U.S. Steel American-owned and having the full support of the Union. Our position has never changed.
The key piece of ‘misinformation’ has been the U.S. Steel Board of Directors insisting that the Union had no veto power. That ‘misinformation’ remains on U.S. Steel and Nippon Steel’s deal website.
Since we only deal with transparency, let’s state the facts:

As we have explained to U.S. Steel since day 1, the United Steelworkers (USW) has declared they would only support Cleveland-Cliffs for a proposed acquisition of U.S. Steel. We see that as a de-facto veto power to disallow the acquisition of the entirety of U.S. Steel or USW-represented assets by anyone else other than Cleveland-Cliffs.

On August 15, 2023, the late Tom Conway, former USW International President, said the union only endorses Cleveland-Cliffs to acquire U.S. Steel. This came after Conway said he received countless calls from potential bidders seeking the union’s approval – a necessary legal step for anyone seeking to buy U.S. Steel. David McCall, current USW International President, confirmed he only learned about Nippon Steel as an acquirer on the day that the deal was announced, December 18, 2023.

The President of the United States, Joe Biden, has said that U.S. Steel should remain a ‘totally American company’ and ‘that is going to happen, I promise you…Guaranteed.’ Presidential candidate Donald Trump has said, regarding the transaction, ‘I would block it instantaneously. Absolutely.’

In our Final Offer (now expired) to U.S. Steel on December 15, we noted specifically that Nippon Steel would present a CFIUS risk, along with the inherent risks of choosing a buyer without Union support. The Final Offer letter and the Powerpoint presentation attached to the Final Offer have now been uploaded to our clevelandcliffs.com website. We address CFIUS on page 2 of the letter and on page 14 of the presentation.

David McCall, International President of the USW, has said ‘A merger between Nippon and USS would negatively impact workers, retirees, our communities, and our national security, and your Union is working in Washington, in the public, and under our BLA to stop it.’"

Mr. Goncalves concluded: “With a USW-represented facility, you are not entitled to sell to whomever you please. We knew this, and you apparently did not. We tried to explain to you, but you did not listen to us. The Board of Directors of U.S. Steel failed its stockholders in this ‘strategic review process,’ and is attempting to blame Cliffs for its own self-inflicted disaster. My opinion remains the same: You cannot and will not close your announced deal with Nippon Steel.”
About Cleveland-Cliffs Inc.
Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Cliffs also is the largest manufacturer of iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. Cleveland-Cliffs is the largest supplier of steel to the automotive industry in North America and serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Headquartered in Cleveland, Ohio, Cleveland-Cliffs employs approximately 28,000 people across its operations in the United States and Canada.
?
View source version on businesswire.com: https://www.businesswire.com/news/home/20240521891412/en/
MEDIA CONTACT:
Patricia Persico
Senior Director, Corporate Communications
(216) 694-5316
INVESTOR CONTACT:
James Kerr
Director, Investor Relations
(216) 694-7719
👍️0
abracky abracky 4 weeks ago
https://www.msn.com/en-us/money/companies/us-steel-accuses-cleveland-cliffs-of-relentless-and-unbridled-effort-to-derail-nippon-steel-deal/ar-BB1mNrUc
👍️0
abracky abracky 4 weeks ago
https://www.wsj.com/livecoverage/stock-market-today-dow-jones-05-21-2024/card/u-s-steel-cleveland-cliffs-trade-barbs-over-14-billion-nippon-steel-deal-5s6FJvgzXJfzeXfaanEe
👍️ 1
abracky abracky 1 month ago
https://www.channelnewsasia.com/business/cleveland-cliffs-ceo-says-nippon-us-steel-deal-has-zero-chance-us-approval-4336476
👍️0
abracky abracky 1 month ago
https://www.realclearpolitics.com/articles/2024/05/14/steel_plant_falls_in_west_virginia_but_no_one_hears_a_sound__150936.html
👍️ 1
abracky abracky 1 month ago
Cleveland-Cliffs CEO's compensation spiked by 42% in 2023

JEREMY NOBILE  

 EMAIL

 SHARE

MORE


Bloomberg

The Cleveland-Cliffs Cleveland Works mill.

Lourenco Goncalves, chairman, president and CEO of Cleveland-Cliffs Inc., was paid approximately $26.2 million in 2023, according to the company’s 2024 proxy filing.

https://www.crainscleveland.com/manufacturing/what-cleveland-cliffs-lourenco-goncalves-and-execs-were-paid-2023

👍️0
abracky abracky 1 month ago
https://finance.yahoo.com/news/shareholders-reconsider-cleveland-cliffs-inc-114017643.html
👍️0
abracky abracky 1 month ago
Cleveland-Cliffs Applauds International Trade Commission’s Decision to Uphold Tariffs on Japanese Imports

Source: Business Wire
Cleveland-Cliffs Inc. (NYSE: CLF) today applauded the International Trade Commission’s (ITC) unanimous decision to uphold tariffs on tin mill products from Japan. After recently rejecting tariffs on tin mill products from several countries including China, the ITC correctly declared that Japan is different – Japan is not a fair trade partner with the United States. The United States currently has antidumping orders on 12 steel products from Japan. The largest producer of steel and tin mill products in Japan is Nippon Steel Corporation.
Lourenco Goncalves, Cliffs’ Chairman, President and Chief Executive Officer, said: “While we are disappointed in their previous ruling on tin mill products, the ITC got this one right. The ITC’s decision today supports what we have been saying for some time: that Japan is a bad trade partner with the United States, particularly in steel. Today’s decision puts the Japanese, and Nippon Steel, on notice. It also underscores the importance of American ownership of our steel industry. Had Nippon Steel owned U.S. tin mill production, Nippon could have exerted influence to make it impossible for American companies and workers to correct unfair practices through our U.S. trade laws.”
About Cleveland-Cliffs Inc.
Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Cliffs also is the largest manufacturer of iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. Cleveland-Cliffs is the largest supplier of steel to the automotive industry in North America and serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Headquartered in Cleveland, Ohio, Cleveland-Cliffs employs approximately 28,000 people across its operations in the United States and Canada.
?
View source version on businesswire.com: https://www.businesswire.com/news/home/20240510264344/en/
MEDIA CONTACT:
Patricia Persico
Senior Director, Corporate Communications
(216) 694-5316
INVESTOR CONTACT:
James Kerr
Manager, Investor Relations
(216) 694-7719
👍️0
DewDiligence DewDiligence 2 months ago
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174340508
👍️0
DewDiligence DewDiligence 2 months ago
LG bought $1M of stock on_the_open_market_today:

https://www.sec.gov/Archives/edgar/data/764065/000076406524000128/xslF345X05/wk-form4_1714592930.xml

Lourenco Goncalves now owns 5.76M shares, worth close to $100M at the current share price.

See #msg-174141720 for related info.
👍️0
Saving Grace Saving Grace 2 months ago
When? 2025-2026? Nobody is buying cars, before putting food on the table.
👍️0
abracky abracky 2 months ago
He knows it's going back to $20+.
Imo
👍️0
DewDiligence DewDiligence 2 months ago
CLF independent director bought $425K of_stock_ on_the_open_market today:

https://www.sec.gov/Archives/edgar/data/764065/000076406524000126/xslF345X05/wk-form4_1714574246.xml

The same director bought $500K of stock three months ago (#msg-173752365).
👍️0
abracky abracky 2 months ago
https://www.nwitimes.com/news/local/cleveland-cliffs-planning-major-investments-in-game-changer-hydrogen-anticipating-it-could-drive-major-economic/article_5861c564-03f5-11ef-b8af-0fd22769ddba.html


Have to subscribe.
👍️0
abracky abracky 2 months ago
https://www.msn.com/en-us/money/companies/cleveland-cliffs-backs-ancora-in-norfolk-southern-fight/ar-AA1nP5FW
👍️0
abracky abracky 2 months ago
https://www.nwitimes.com/news/local/cleveland-cliffs-ceo-asserts-u-s-steel-sale-to-nippon-is-dead-may-consider-another/article_50d5bc74-03f5-11ef-81f0-0b7cb1d8ecea.html
👍️0
Rocky3 Rocky3 2 months ago
Barron's thinks that it is robbing Peter to pay Paul:

https://www.barrons.com/articles/3m-cleveland-cliffs-buyback-dividends-c646c1d3?siteid=yhoof2

In part:

Investors typically cheer large capital returns, whether they be buybacks or dividends. The problem is that Wall Street projects a 2024 free cash flow for the company of about $530 million, and $770 million for 2025—and those numbers don’t support its buybacks.

To make up the difference, Cleveland-Cliffs—whose bid to buy United States Steel was spurned —will take on more debt. “We are implementing a more shareholder-friendly leverage target of 2.5 times net debt to last 12 months adjusted Ebitda, allowing ourselves even more flexibility for aggressive shareholder returns,” Chief Financial Officer Celso Goncalves said on Tuesday. (Ebitda is short for earnings before interest, taxes, depreciation, and amortization.)

Net debt to Ebitda is a common measure of balance sheet strength. Cliffs’ ratio at the end of the first quarter was about 2.3 times. Dividend payers in the S&P 500 index have an average ratio of about 1.9 times.

“We are surprised [by] the scale of the buybacks, having (incorrectly) assumed that balance sheet flexibility would be the No. 1 priority until the M&A backdrop was fully resolved,” Citigroup analyst Alexander Hacking wrote.

The postearnings stock drop wiped out about $1 billion in market value from Cleveland-Cliffs. That is very close to the debt needed to fund the new buyback.

Capital return to shareholders is great, but investors don’t like robbing Peter to pay Paul.
👍️0
abracky abracky 2 months ago
Cleveland-Cliffs to Publish Monthly Hot Rolled Coil Spot Price

Source: Business Wire
Cleveland-Cliffs Inc. (NYSE: CLF) announced today that, in response to industry trends and feedback from customers, the Company will publish a “Cliffs Hot Rolled Market Price” via letter to all flat-rolled customers on a monthly basis. The price will be published in conjunction with the monthly opening of the Hot Rolled order book, and will be simultaneously published at https://www.clevelandcliffs.com/doing-business/. Cliffs may also update this price more frequently as market conditions necessitate.
Lourenco Goncalves, Cliffs Chairman, President and CEO, said, “We encourage market transparency and have been pleased to see other market participants be more open with their pricing. As the largest producer of flat-rolled steel in North America, we felt it necessary to do the same to make sure our customers had the most timely and reliable pricing information.”
The first Cliffs Hot Rolled Market Price will be published this morning, April 26, 2024, in conjunction with the June Hot Rolled order book opening.
About Cleveland-Cliffs Inc.
Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Cliffs is also the largest manufacturer of iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. Cleveland-Cliffs is the largest supplier of steel to the automotive industry in North America and serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Headquartered in Cleveland, Ohio, Cleveland-Cliffs employs approximately 28,000 people across its operations in the United States and Canada.
?
View source version on businesswire.com: https://www.businesswire.com/news/home/20240426947990/en/
MEDIA CONTACTS:
Patricia Persico
Senior Director, Corporate Communications
(216) 694-5316
INVESTOR CONTACT:
James Kerr
Director, Investor Relations
(216) 694-7719
👍️0
DewDiligence DewDiligence 2 months ago
Stellantis.
👍️ 1
MadCityCyclone MadCityCyclone 2 months ago
Anyone know who the car company is that only buys cheap stuff?

"And because we are so big and supporting pretty much all of them except one that only buys cheap stuff" - LG
👍️0
DewDiligence DewDiligence 2 months ago
Lourenco plays hardball, LOL.
👍️0
abracky abracky 2 months ago
https://www.msn.com/en-us/money/companies/cleveland-cliffs-ceo-accuses-analyst-of-libel-in-latest-lawsuit-against-anonymous-attacks/ar-AA1nF08s
👍️0
abracky abracky 2 months ago
https://www.cnbc.com/video/2024/04/23/we-have-the-liquidity-to-pursue-further-share-buybacks-says-cleveland-cliffs-ceo.html
👍️0
abracky abracky 2 months ago
https://www.weirtondailytimes.com/news/local-news/2024/04/goncalves-cleveland-cliffs-negotiating-to-bring-transformer-producer-to-weirton/
👍️0
abracky abracky 2 months ago
https://www.clevelandcliffs.com/news/news-releases/detail/579/cleveland-cliffs-awarded-by-general-motors-gms-2022
👍️0
abracky abracky 2 months ago
This will help CLF in the coming months.


General Motors (NYSE:GM) – Shares of GM rose 3.6% in pre-market trading after the company increased its projections for 2024 following a first-quarter performance that exceeded Wall Street expectations. GM revised its expected adjusted earnings for 2024 upwards to between $12.5 billion and $14.5 billion, and net profit for shareholders to between $10.1 billion and $11.5 billion. Additionally, it raised its free cash flow forecast to between $8.5 billion and $10.5 billion. For the first quarter, revenue was $43.01 billion and net profit reached $2.95 billion. Earnings per share were $2.62 adjusted, against $2.15 expected by LSEG estimates.
👍️0

Your Recent History

Delayed Upgrade Clock