Cleveland-Cliffs Inc is a leading iron ore mining company that specializes in the production and supply of iron ore pellets and other raw materials essential for steelmaking
With a focus on sustainable mining practices, the company operates various mining and processing facilities across the United States and Canada. Cleveland-Cliffs serves a diverse range of customers in the steel industry, offering high-quality iron ore products that support both domestic and international steel production. The company is committed to innovation and operational efficiency, aiming to meet the evolving demands of the market while prioritizing environmental stewardship.
Cleveland-Cliffs’ stock surge follows optimism around U.S. President Trump’s protectionist trade policies that could shield U.S. steelmakers from foreign competition.
Wall Street bounced back on Monday, recovering from Friday's robust decline fueled by tariff concerns, as investors remained focused on strong earnings from the fourth-quarter reporting season while awaiting further clarity on trade policie
President Donald Trump met with Japanese Prime Minister Shigeru Ishiba on Friday, and the U.S. Steel-Nippon Steel deal is likely to be discussed. Details of the meeting are yet to be disclosed.
The Ohio-based company called 2024 the “worst year” for domestic steel demand since 2010 and underscored that it was hit due to muted demand from the automotive industry.
Cleveland-Cliffs, a leading domestic steel supplier, predicts 2024 to be a tough year due to muted demand and economic headwinds, but expects recovery in 2025 with support from Trump's agenda.
Cleveland-Cliffs reported preliminary 2024 results with a decrease in steel shipments and revenues, and plans to offer $750 million in Senior Guaranteed Notes.
After the U.S. government blocked a $14 billion bid by Japan-based Nippon Steel, media reports suggested that Cleveland-Cliffs Inc. and Nucor Corp. could be interested in a joint bid to acquire U.S. Steel.
Even as President Trump announces tariffs, three stocks are still set up for massive upside in the coming months. Wall Street analysts and markets agree
U.S. Steel (NYSEX) addressed Ancora Catalyst's proxy battle ahead of the 2025 Annual Meeting. Ancora proposes replacing the current Board, but U.S. Steel defends its strategic partnership with Nippon Steel.
Three Russell 2000 companies are making strategic moves to enhance shareholder value through diverse market strategies and revenue growth opportunities.
Cleveland-Cliffs CEO Lourenco Goncalves' comments about Japan’s trade practices and U.S. Steel’s sale to Nippon have drawn investor scrutiny on Stocktwits.
