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.

The shares of Cleveland-Cliffs Inc (NYSE:CLF) are already down 12.1% since the start of the year.

Cleveland-Cliffs Stock Posing Attractive Entry Point

Cleveland-Cliffs (CLF) doesn't possess 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) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

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CPA, SCS, KOF, CLF and AIZ have been added to the Zacks Rank #1 (Strong Buy) List on January 16, 2024.

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CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today applauded the Department of Commerce's Final Antidumping and Countervailing Determinations on tin mill products from several trade partners responsible for unfair trade. In January 2023, Cleveland-Cliffs and the United Steelworkers jointly filed an antidumping and countervailing duty trade case alleging that a surge of dumped and subsidized tin mill product imports had materially injured Cleveland-Cliffs' Weirton operation and.

Cleveland-Cliffs Applauds Department of Commerce's Final Determinations on Antidumping and Countervailing Duties for Tin Mill Products

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce its full-year and fourth-quarter 2023 earnings results after the U.S. market close on Monday, January 29, 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, January 30, 2024, at 8:30 am ET. The call can be accessed at www.clevelandcliffs.com and will also be archived and available for repl.

Cleveland-Cliffs to Announce Full-Year and Fourth-Quarter 2023 Earnings Results on January 29 and Host Conference Call on January 30

Cleveland-Cliffs failed to win U.S. Steel, but the company immediately turned its attention toward accelerating its share repurchase plan. The stock is relatively cheap, but the market outlook from here is uncertain.

Why Cleveland-Cliffs Stock Scaled Mountains in December

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Cleveland-Cliffs lost the bid for United States Steel to Japan's Nippon Steel but remains resilient with a healthy balance sheet and strong free cash flow. The company's focus on aggressive share buybacks and positive industry outlook indicates strong distribution potential. The undervaluation of the steel sector suggests a possible re-rating for Cleveland-Cliffs, with a price target exceeding $30.

Why I Am Even More Bullish After Cleveland-Cliffs Failed To Buy U.S. Steel

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CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs (NYSE: CLF) announced today that it has appointed renowned private equity executive, labor and political advisor Ron Bloom to its Board of Directors, effective immediately. With the addition of Mr. Bloom, the Cleveland-Cliffs' Board of Directors is now comprised of eleven members, of which ten are independent directors. After graduating with Distinction from the Harvard Business School, Ron Bloom started his career as an investment banker at Lazard,.

Cleveland-Cliffs Appoints Ron Bloom to its Board of Directors

On Dec. 18, 2023, Iconic steel producer United States Steel Inc. NYSE: X announced it had agreed to be acquired by Japan's largest steel maker, Nippon Steel Co. OTCMKTS: NPSCY, in an all-cash deal at $55 per share. Nippon would pay a total of approximately $14.9 billion to acquire the company and assume its debt.

Could Cleveland-Cliffs be the next steel company to be acquired?

Cleveland-Cliffs Inc. operates as a one of the biggest flat-rolled steel producer in North America. In Q3 FY2023, Cleveland-Cliffs reported revenues of $5.6 billion with GAAP EPS of $0.52. Both figures significantly beat the consensus. Cliffs is recovering in seemingly tough times and with a lot of headwinds. So just think about what potential the company might have in calm times.

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United States Steel has agreed to be purchased by Nippon Steel. Cleveland-Cliffs stock might be the better bet for 2024.

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X marked the spot for investors on Monday. Shares of U.S. Steel (NYSE: X ) surged more than 25% on the news that Japan's Nippon Steel had agreed to buy the iconic Pittsburgh-based steel company for $14.9 billion.

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Steel stocks for U.S. companies are rising today after U.S. Steel (NYSE :X ) announced that it will be bought by Nippon Steel (OTCMKTS: NPSCY ). Shares in the iconic American steelmaker are jumping more than 25% on the news.

Why Are Steel Stocks X, CLF, NUE, STLD Up Today?

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs” or “the Company”) issued the following statement regarding the announced proposed acquisition of U.S. Steel by Nippon Steel. Lourenco Goncalves, Chairman, President of CEO of Cleveland-Cliffs, said, “We identified U.S. Steel as an extremely undervalued company with significant synergy potential when combined with Cleveland-Cliffs, creating a union-friendly American champion among the top-10 steelmakers in the world. Even th.

Cleveland-Cliffs Comments on Transformative Global Industry Consolidation and Updates Investors on Capital Allocation Priorities

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United States Steel Corporation (NYSE: X) opened in the green today following a report that Cleveland-Cliffs Inc (NYSE: CLF) is now willing to pay over $40 a share for the integrated steel producer. Cleveland-Cliffs has raised its original bid Cleveland had initially offered to buy U.S.

Cleveland is reportedly willing to pay over $40 a share for U.S. Steel

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs announced today that the U.S. Department of Energy (DOE) is featuring the Company in its Better Climate Challenge Road Show series. The Better Climate Challenge Road Show showcases real-world pathways for public and private organizations to decarbonize their buildings and plants. As a partner in the Better Climate Challenge, Cleveland-Cliffs has committed to emissions reduction (scope 1 & 2) goals across its portfolio. In the DOE Road Show episod.

Cleveland-Cliffs is Featured in the U.S. Department of Energy Better Climate Challenge Road Show

Cleveland-Cliffs experienced flat Q3 revenue but saw a slight expansion in EBITDA margin. Steel pricing is expected to improve as service centers are running on low steel inventory. Management remains focused on lowering operating costs, reducing debt, and buying back stock.

Cleveland-Cliffs Looks Set For A Strong Q4 2023 And FY 2024

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

Cleveland-Cliffs (CLF) Up 7.9% Since Last Earnings Report: Can It Continue?

CLF shows operational excellence, record steel shipments, and notable cost reductions, solidifying its position as a reliable and financially sound steel producer. Amid industry challenges, CLF's shift to major steel production, commitment to eco-friendly practices, and potential for higher steel prices highlight its growth potential. The company is trading at an attractive valuation, which could turn into significant capital gains once economic conditions bottom.

Steel Perfection - Why I'm Bullish On Cleveland-Cliffs

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A group representing major automakers on Tuesday said the industry opposes steelmaker Cleveland-Cliffs's proposed acquisition of U.S. Steel , saying it would increase auto industry costs and slow electric vehicle sales.

Automakers oppose Cleveland-Cliffs push to buy U.S. Steel

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs announced today that the U.S. Department of Energy (DOE) has recognized the Company as a GHG Emissions Reduction 2023 Goal Achiever through its Better Buildings Initiative and Better Climate Challenge. The Company achieved its first DOE goal by reducing its absolute scope 1 and 2 GHG emissions by 32 percent by year-end 2022 from a 2017 baseline and exceeding its target to reduce by 25 percent by the year 2030. Cleveland-Cliffs is the only steel compa.

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