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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Earnings data Q1 2024

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Earnings data Q3 2024

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.

Cleveland-Cliffs (CLF) on Monday said it agreed to buy Ontario-based steelmaker Stelco Holdings for about $2.5 billion.

Cleveland-Cliffs To Buy Canadian Steelmaker Stelco for $2.5 Billion

Cleveland-Cliffs Inc (NYSE:CLF) is acquiring Canadian steel company Stelco Holdings in a $2.5 billion deal, adding 1,800 United Steelworkers (USW) union employees to its workforce.

Cleveland-Cliffs Stock Set to Open Lower After Acquisition

While Cleveland-Cliffs (CLF) benefits from its vertically integrated footprint, competitive strength and cost-saving actions, a significant pullback in steel prices and declining earnings estimates cast a pall on its prospects.

Cleveland-Cliffs (CLF) Down 23% in 3 Months: Time to Buy the Dip?

Steel maker Cleveland-Cliffs announced a deal to buy Canadian steel maker Stelco Holdings for $2.5 billion.

Cleveland-Cliffs Stock Is Dropping on a Steel Acquisition

Deal expands Cliffs' steelmaking footprint and doubles exposure to the flat-rolled spot market

Cleveland Cliffs stock down 6% after steel producer says it's buying Canada's Stelco in $2.5 billion cash-and-stock deal

U.S. steelmaker Cleveland-Cliffs said on Monday it would acquire Canadian peer Stelco Holdings in a deal valued at $2.5 billion.

Cleveland Cliffs to buy Canadian steelmaker Stelco in $2.5 billion deal

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE:CLF) (“Cliffs” or “the Company”) is pleased to announce that it has entered into a definitive agreement to acquire Stelco Holdings Inc. (TSX:STLC) (“Stelco”). The acquisition confirms Cliffs' commitment and leadership in integrated steel production in North America, and also brings an additional 1,800 United Steelworkers (“USW”) union employees into Cliffs' workforce. Under the terms of the agreement, Stelco shareholders will receive CAD $.

Cleveland-Cliffs Announces the Acquisition of Stelco

HAMILTON, Ontario--(BUSINESS WIRE)--Stelco Holdings Inc. (TSX: STLC) (“Stelco” or the “Company”) is pleased to announce that it has entered into a definitive agreement (the “Arrangement Agreement”) with Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”), pursuant to which Cliffs has agreed to acquire all of the issued and outstanding common shares of Stelco (the “Transaction”) at a price of C$70.00 per share (the “Consideration”), consisting of C$60.00 in cash and 0.454 of a share of Cliffs common st.

Cleveland-Cliffs to Acquire Stelco for C$70 per Share

Cleveland-Cliffs, a vertically integrated steel mill operator, is poised to report its Q2 2024 results around July 23. We expect revenue to come in at $5.4 billion, marking a decline of about 12% compared to the last year, and slightly ahead of estimates.

How Will A Cooling U.S. Economy Impact Cleveland-Cliffs Q2 Earnings?

Cleveland-Cliffs is scheduled to report its second quarter earnings later this month and investors' focus is shifting away from capital allocation. Profitability and costs will be in the spotlight, as gross margins seem to have bottomed already. Although there are strong short-term tailwinds, I do not see the stock as a buy yet and the rest of 2024 is unlikely to be a smooth sailing for shareholders.

Cleveland-Cliffs Q2 2024 Earnings: Short-Term Tailwinds, But Not A Buy Yet

Despite recent underperformance, CLF remains undervalued with potential for margin expansion and growth in the steel industry. Analysts' concerns and downgrades may pose risks, but CLF's undervaluation and growth prospects make it a strong 'Buy' in the medium term. I believe CLF's EBITDA growth should continue due to a rebound in service center buyer demand and the continuation of cost reduction programs.

Cleveland-Cliffs: Buy The Dip, Challenges Are Likely Temporary

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce its second-quarter 2024 earnings results after the U.S. market close on Monday, July 22, 2024. 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 Tuesday, July 23, 2024, at 8:30 am ET. The call can be accessed at www.clevelandcliffs.com and will also be archived and available for replay at that address.

Cleveland-Cliffs to Announce Second-Quarter 2024 Earnings Results on July 22 and Host Conference Call on July 23

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CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today hosted U.S. Senator Sherrod Brown (OH) and leadership from the United Steelworkers, David McCall, USW International President and Donnie Blatt, Director of USW District 1, at its Cleveland Works plant in Ohio for a press conference. A full video of the press conference, including both prepared remarks and media Q&A, has been posted on its website at www.clevelandcliffs.com. The video can also be found on the Company's YouTu.

Cleveland-Cliffs Posts Press Conference and Q&A with U.S. Senator Sherrod Brown and USW International President David McCall on Website

In the latest trading session, Cleveland-Cliffs (CLF) closed at $14.74, marking a -0.41% move from the previous day.

Cleveland-Cliffs (CLF) Suffers a Larger Drop Than the General Market: Key Insights

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced that Lourenco Goncalves, Chairman, President and Chief Executive Officer is hosting Senator Sherrod Brown (OH) and leadership from the United Steelworkers, David McCall, USW International President and Donnie Blatt, Director of USW District 1, at its Cleveland Works plant in Ohio on Wednesday, June 26 for a press conference. Senator Brown's visit follows the recent bipartisan legislation introduced to stop the dramatic incr.

Cleveland-Cliffs to Host U.S. Senator Sherrod Brown and USW International President David McCall at Cleveland Works

Cleveland-Cliffs (CLF) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Cleveland-Cliffs Inc. (CLF) Is a Trending Stock: Facts to Know Before Betting on It

Cleveland-Cliffs (CLF) reachead $14.71 at the closing of the latest trading day, reflecting a -0.88% change compared to its last close.

Cleveland-Cliffs (CLF) Stock Declines While Market Improves: Some Information for Investors

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In the closing of the recent trading day, Cleveland-Cliffs (CLF) stood at $15.07, denoting a -0.4% change from the preceding trading day.

Cleveland-Cliffs (CLF) Stock Slides as Market Rises: Facts to Know Before You Trade

Cleveland-Cliffs Inc. CLF shares are trading lower after JP Morgan analyst Bill Peterson downgraded the stock from Overweight to Neutral and lowered the price target to $17 (from $23).

JP Morgan Downgrades Cleveland-Cliffs: Rising Capex And Modest Auto Demand Hamper Growth Prospects

Cleveland-Cliffs Inc  (NYSE:CLF) stock is down 3.5% to trade at $15.12 at last check, after J.P.

Cleveland-Cliffs Stock Eyes 7th-Straight Loss After Bear Note

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This Cleveland-Cliffs Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday

J.P. Morgan analyst Bill Peterson downgraded shares of steel maker Cleveland-Cliffs to Hold from Buy. His price target went to $17 from $23.

News for Cleveland-Cliffs Stock (CLF)