News

CEO Lourenco Goncalves, in a Monday earnings call, indicated that the company is open to foreign investment and the sale of ...
Cleveland-Cliffs' CEO suggests the steelmaker may be open to selling more than just noncore assets, hinting at potential deals that could better value the company.
Cleveland-Cliffs rises to its highest in nearly five months after reporting Q2 adjusted EBITDA and revenues that beat ...
Cliffs in its second-quarter earnings reported that revenues fell about 3% year-over-year to $4.93 billion, though that number was higher than analysts' consensus estimate for revenues of about $4.86 ...
Despite challenges from high interest rates and imported steel, Cleveland-Cliffs Inc (CLF) reports significant EBITDA improvement and strategic advancements in premium steel offerings.
Cleveland-Cliffs (NYSE:CLF) +7.3% in Tuesday's trading, extending the previous session's 12% surge that followed better than expected Q2 results, as KeyBanc upgraded shares to Overweight from Sector ...
We achieved higher shipment volume targets, and as a result, we improved our operational efficiency and lowered our production costs." Goncalves highlighted ongoing footprint optimization, stating, ...
The Motley Fool. DATE Monday, July 21, 2025, at 8:30 a.m. EDT CALL PARTICIPANTS Chairman, President, and Chief Executive Officer — Lourenco GoncalvesExecutive Vice President, Chief Financial Officer — ...
Chief Executive Lourenco Goncalves said Cleveland-Cliffs is prepared to immediately acquire and invest in any union-represented assets that U.S. Steel shuts down.
American steel producer Cleveland-Cliffs (CLF) has shown its eagerness to buy assets from U.S. Steel (X) if the buyout deal by Japan’s Nippon Steel (JP:5401) fails. Cleveland-Cliffs’ CEO ...
Cleveland-Cliffs expects Q4 revenue of $4.3B, missing estimates, with $85M Adjusted EBITDA loss. CEO cites weak auto demand but sees improving 2025 outlook. A new wave of value and momentum stocks ...
CLEVELAND, Ohio – The iron-ore mining company, Cleveland-Cliffs Inc., has acquired the U.S. assets of ArcelorMittal, the world’s largest steelmaker, for $1.4 billion in cash and stock, the ...