The steel maker reported an Ebitda loss of $21 million. Wall Street was looking for a $7 million loss from sales of $4.6 ...
An underwhelming 2025 should transition to a better 2026 for Cliffs and other steelmakers.
Cleveland-Cliffs (CLF) stock plunged 16% to $12.31 after Q4 revenue of $4.3B missed estimates by $300M and POSCO partnership update failed to satisfy investors.
Cliffs CEO Lourenco Goncalves said in a statement that the company's performance in 2025 "was negatively affected by persistently weak production levels from the automotive sector throughout the ...
Over the last month, Cleveland-Cliffs (NYSE:CLF) has experienced a decrease of approximately 25% in its share price, a significant decline for a company that had been benefiting from positive ...
Cleveland-Cliffs reported a loss and drop in revenue. The company disclosed what it calls a new, "highly accretive" deal. Cliffs will also be exploring the production of rare earth minerals.