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.

Cleveland-Cliffs Inc (NYSE:CLF) shares are trading higher by 13.2% at $22.92 Wednesday afternoon as iron ore prices rise amid supply concerns. There is also growing interest in the stock within online trading communities.

Why Cleveland-Cliffs Shares Are Trading Higher Today

Today, CLF stock is soaring as yet another potential short squeeze candidate loosely based on previous comments from the CEO from 2019. The post CLF Stock: How High Can r/WallStreetBets Squeeze Cleveland-Cliffs?

CLF Stock: How High Can r/WallStreetBets Squeeze Cleveland-Cliffs?

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs holds ribbon cutting ceremony at Direct Reduction plant in Toledo, OH on June 9, 2021.

Cleveland-Cliffs Holds Ribbon Cutting Ceremony at Direct Reduction Plant in Toledo

CLF's price is trading at a small premium to how much it should be relative to the price analysis conducted. But Cleveland-Cliffs' EV/EBITDA multiple is greatly underestimated if we consider how the company's EBITDA is going to change.

Cleveland-Cliffs: Not Mispriced But Undervalued

Cleveland-Cliffs (CLF) will utilize available liquidity for the redemption of Senior Notes due March 2025.

Cleveland-Cliffs (CLF) to Redeem Entire 5.75% Senior Notes

Should investors be excited or worried when a stock crosses above the 20-day simple moving average?

Cleveland-Cliffs (CLF) Recently Broke Out Above the 20-Day Moving Average

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it intends to redeem the entirety of its $396 million aggregate principal amount of outstanding 5.75% Senior Unsecured Guaranteed Notes due March 2025. Pursuant to the terms of the Notes and the Indenture governing the Notes, the Company expects the total payment to holders of the Notes including the redemption premium to be approximately $407 million, plus accrued and unpaid interest to the redemption date, whic

Cleveland-Cliffs to Fully Redeem 5.75% Senior Notes due 2025

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Beijing wants steel mills to help control the price of iron ore, a raw material key to making steel. Iron ore futures were down 10% on Friday.

Steel Stocks Are Feeling the Squeeze From China

Cleveland-Cliffs stock has seen an impressive rise of 135% in the last six months and now trades at $20 per share. After the stock saw a sharp fall in early 2020 with the outbreak of the coronavirus pandemic leading to a drop in steel prices, the stock has rallied from $8.50 to $20 in the last.

Even After A 135% Rally, Cleveland-Cliffs Stock Looks Undervalued

As a long-term investor in Cleveland-Cliffs with cost basis in mid-single digits, I remain committed to my investment thesis. The previously skeptical sell-side analysts are suddenly recognizing the potential behind CLF, after the stock returned nearly 500%.

Cleveland-Cliffs Is A Long-Term Buy, But Don't Get Caught In The Short-Sighted Mania

Cleveland-Cliffs has used acquisitions to become the leader in rolled steel production just as the U.S. government looks to boost American industry. The post If US Industry Is Coming Back, It'll Need Cleveland-Cliffs' Rolled Steel appeared first on InvestorPlace.

If US Industry Is Coming Back, It'll Need Cleveland-Cliffs' Rolled Steel

Cleveland-Cliffs (CLF) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Cleveland-Cliffs (CLF) Stock Jumps 11.8%: Will It Continue to Soar?

Shares of the integrated steelmaker took off after an upgrade from an analyst.

Why Cleveland-Cliffs Stock Rocketed 10% in Morning Trading Today

The stock price of Cleveland-Cliffs Inc (NYSE: CLF) increased from $18.21 to $19.97 (up 9.67%) during intraday trading. This is why it happened.

CLF Stock: From $18.21 To $19.97 (9.67% Increase) Intraday Explanation

Commercial Metals

Nucor

From a low of around $450 a ton in late August last year to more than $1,200 a ton by March 1 of this year, the spike in steel prices certainly qualifies as a supercycle.

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CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. today published its Sustainability Report 2020 Executive Summary highlighting the progress toward its goals.

Cleveland-Cliffs Issues Its Sustainability Report 2020 Executive Summary

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Cleveland-Cliffs now has some of the most enviable assets in the steel sector having both a low-cost structure and an ability to serve high margin markets. This transformation has been through the leadership of Lourenco Goncalves, a rare CEO, who is both visionary and practical.

A Transformed Cleveland-Cliffs: Lower Risk, Free Cash Generating Machine

Cleveland-Cliffs (CLF) reports profits in Q1 and raises its full-year EBITDA guidance.

Cleveland-Cliffs (CLF) Tops Earnings & Sales Estimates in Q1

Cleveland-Cliffs saw its IBD SmartSelect Composite Rating rise to 97 Friday, up from 84 the day before. The post Cleveland-Cliffs Sees Composite Rating Move Up To 97 appeared first on Investor's Business Daily.

Cleveland-Cliffs Sees Composite Rating Move Up To 97

Cleveland-Cliffs Inc. (CLF) CEO Lourenco Goncalves on Q1 2021 Results - Earnings Call Transcript

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported first-quarter results for the period ended March 31, 2021. First-quarter 2021 consolidated revenues were $4.0 billion, compared to the prior-year first-quarter revenues of $359 million. For the first quarter of 2021, the Company recorded net income of $41 million, or $0.07 per diluted share. This included the following charges totaling $160 million, or $0.28 per diluted share: charges of $81 million, or $0.14 per dilut

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