Cleveland-Cliffs' Q2 results showed improved shipments, higher ASP, and lower costs, signaling tangible progress on turnaround and operational optimization initiatives. Key catalysts include the upcoming expiration of the ArcelorMittal/Nippon Steel contract and U.S. auto sector strength, which should further boost EBITDA. CLF's liquidity position is strong, CAPEX and SG&A have been trimmed, and...
Cleveland-Cliffs CEO Lourenco Goncalves spoke with CNBC's Jim Cramer about domestic auto manufacturing and steel production. The company posted a better-than-expected quarter Monday morning, which sent shares up.
Cleveland-Cliffs Inc. (CLF 12.34%) reported Q2 2025 results on July 21, achieving a sequential adjusted EBITDA improvement of $271 million alongside record shipments of 4.3 million tons. Notable strategic developments included a $150 million investment in premium stainless production, clear acceleration of cost reduction programs, and the launch of non-core asset divestitures with several billi...
Cleveland-Cliffs Inc. (NYSE:CLF ) Q2 2025 Earnings Conference Call July 21, 2025 8:30 AM ET Company Participants C. Lourenco Goncalves - Chairman, President & CEO Celso L.
Shares of Cleveland-Cliffs (CLF 13.50%), one of the nation's biggest steelmakers, soared 13.7% through 1:20 p.m. ET Monday after beating on earnings this morning.
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