Most investors can agree that the industrial sector's current state is one of neglect, as most of the attention (and capital) has shifted to the more exciting stories in the artificial intelligence race in today's market. This means that a potential rotation could be triggered in the future, no matter how vague this future may be.
One of the better-performing industrial stocks over the past few days has been storied steel maker Cleveland-Cliffs (CLF 4.86%). The company did better than expected in its second quarter.
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...
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