Cleveland-Cliffs Aktie News

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that, in response to industry trends and feedback from customers, the Company will publish a “Cliffs Hot Rolled Market Price” via letter to all flat-rolled customers on a monthly basis. The price will be published in conjunction with the monthly opening of the Hot Rolled order book, and will be simultaneously publishe...

Cleveland-Cliffs Is A Long-Term Growth Strategy

Cleveland Cliffs missed revenue and earnings in the first quarter. However, the miss was really due to just one segment going on a "buyer's strike," which seems to have been resolved.

Cleveland-Cliffs Inc. (NYSE:CLF ) Q1 2024 Earnings Conference Call April 23, 2024 8:30 AM ET Company Participants Celso Goncalves - Executive Vice President & Chief Financial Officer Lourenco Goncalves - Chairman, President & Chief Executive Officer Conference Call Participants Lucas Pipes - B. Riley Securities Bill Peterson - JPMorgan Phil Gibbs - KeyBanc Capital Markets Alex Hacking - Citi Tr...

Steel producers Nucor and Cleveland-Cliffs both missed Wall Street's first quarter estimates. The shares are down for different reasons, however.

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported first-quarter results for the period ended March 31, 2024. First Quarter 2024 Highlights Repurchased 30.4 million shares, or 6% of total outstanding Revenues of $5.2 billion Steel shipments of 3.9 million net tons GAAP net loss of $53 million and adjusted net income1 of $87 million Adjusted EPS1 of $0.18 per diluted sh...

Cleveland-Cliffs (NYSE:CLF), a vertically integrated steel mill operator, is poised to report its Q1 2024 results on April 23. We expect revenue to come in at $5.4 billion, marking an increase of about 1% compared to last year, and slightly ahead of the current market price.

Nucor and Cleveland-Cliffs report late Monday, with Steel Dynamics due late Tuesday. The steel stocks are all testing key support after recent pullbacks.