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.

Steelmaker Cleveland-Cliffs Inc. CLF, -5.88% is increasing its current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $100 per net ton, taking its minimum base price for hot rolled steel to $1,200. Cleveland Cliff's stock rose 1.5% before market open.

Cleveland-Cliffs hikes hot rolled steel price again

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $100 per net ton, effective immediately with all new orders. Cliffs' minimum base price for hot rolled steel is now $1,200 per net ton. About Cleveland-Cliffs Inc. Cleveland-Cliffs is the largest flat-rolled steel producer in North America.

Cleveland-Cliffs Raises Price for Hot Rolled Steel to $1,200 per net ton

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Cleveland Cliffs stands out from its peers in this key way, and it is working to fix the problem.

This Is Where 73% of Cleveland-Cliffs' Extra Cash Went in 2022

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today applauded the U.S. International Trade Commission's unanimous affirmative preliminary determination on all countries in response to antidumping and countervailing duty petitions on tin and chromium coated sheet steel products (“tin mill products”) filed by Cleveland-Cliffs and the United Steelworkers (“USW”). This affirmative preliminary determination relates to petitions seeking antidumping duties on U.S.

Cleveland-Cliffs Applauds Unanimous U.S. International Trade Commission Affirmative Preliminary Vote in Tin Mill Products Trade Case

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it is increasing current base prices for its steel plate products by a minimum of $60 per net ton. This price increase includes as-rolled, normalized, and quench and tempered steel plate products, and is effective immediately with all new, non-contract orders. Cliffs also reserves the right to re-quote any open offers not confirmed by a Cliffs order acknowledgment. About Cleveland-Cliffs Inc.

Cleveland-Cliffs Announces Price Increase for Plate Products

Cleveland-Cliffs Inc   (NYSE:CLF) is up 5.6% at $20.82 at last check, after the mining concern hiked prices of its hot rolled, cold rolled, and coated steel products.

Surging Mining Stock a Hit with Options Bulls

Cleveland-Cliffs posted a weaker-than-expected set of Q4 FY'22 results on Monday on account of a decline in average realized prices for steel and elevated input costs.

Why We Are Raising Our Price Estimate For Cleveland-Cliffs Despite A Weak Q4

Although the revenue and EPS for Cleveland-Cliffs (CLF) give a sense of how its business performed in the quarter ended December 2022, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Cleveland-Cliffs (CLF) Q4 Earnings

Cleveland-Cliffs (CLF) fourth-quarter performance reflects benefits from lower steelmaking unit costs and recovery in automotive demand.

Cleveland-Cliffs (CLF) Earnings Beat, Sales Down Y/Y in Q4

Cleveland-Cliffs Inc. (NYSE:CLF ) Q4 2022 Earnings Conference Call February 14, 2022 10:00 AM ET Company Participants Celso Goncalves - EVP & CFO Lourenco Goncalves - Chairman, President and CEO Conference Call Participants Emily Chieng - Goldman Sachs Tristan Gresser - BNP Paribas Exane Lucas Pipes - B. Riley Securities Lawson Winder - BofA Securities Philip Gibbs - KeyBanc Capital Markets Andreas Bokkenheuser - UBS Karl Blunden - Goldman Sachs Operator Good morning, ladies and gentlemen.

Cleveland-Cliffs Inc. (CLF) Q4 2022 Earnings Call Transcript

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is ClevelandCliffs (CLF) Stock Undervalued Right Now?

Cleveland-Cliffs reports an adjusted loss of 30 cents a share from $5 billion in sales. Wall Street was looking for loss of 34 cents on sales of $5.2 billion.

Steel Maker Cleveland-Cliffs Beats Wall Street Earnings Estimates. The Stock Falls.

Cleveland-Cliffs (CLF) delivered earnings and revenue surprises of 9.09% and 5.68%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Cleveland-Cliffs (CLF) Reports Q4 Loss, Lags Revenue Estimates

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported full-year and fourth-quarter results for the period ended December 31, 2022. Full-Year Consolidated Results Full-year 2022 consolidated revenues were $23.0 billion, compared to the prior year's consolidated revenues of $20.4 billion. For the full year 2022, the Company generated net income of $1.4 billion, or $2.55 per diluted share attributable to Cliffs shareholders. This compares to 2021 net income of $3.

Cleveland-Cliffs Reports Full-Year and Fourth-Quarter 2022 Results

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Earnings Previews: Cleveland Cliffs, Coca-Cola, Peabody Energy

Cleveland-Cliffs (CLF) is likely to have gained from strong automotive shipments and lower energy and raw material costs in Q4 amid headwinds from weaker steel prices.

Cleveland-Cliffs (CLF) to Post Q4 Earnings: What's in Store?

Here is how Cleveland-Cliffs (CLF) and DuPont de Nemours (DD) have performed compared to their sector so far this year.

Are Basic Materials Stocks Lagging ClevelandCliffs (CLF) This Year?

Given the automotive industry and its greater importance to the company, I believe Cliffs may positively surprise the market on February 14 [Q4 FY2022 results]. From what I have seen from the major U.S. auto companies, volume is up year over year - especially at General Motors.

Cleveland-Cliffs: Ignore The Noise And Buy Before Earnings Release

Cleveland-Cliffs (CLF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cleveland-Cliffs (CLF) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

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Cleveland-Cliffs (CLF) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

News for Cleveland-Cliffs Stock (CLF)