Cleveland-Cliffs Stock News

Wells Fargo upgraded Cleveland-Cliffs, saying near-term earnings could beat expectations even as a planned Iowa steel mill raises concerns about future supply.

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) announced today that it is hosting Chris Wright, U.S. Secretary of Energy; Audrey Robertson, Assistant Secretary of Energy; and William Kimmitt, Under Secretary of Commerce, at its Butler Works facility on Tuesday, October 6, to showcase the Company's previously announced Grain Oriented Electrical Steel (GOES) expansion pr...

Shares of major US steel and aluminum producers rose Monday as investors reassessed the implications of the breakdown in US-Canada trade negotiations. Nucor NUE gained about 4%, while Steel Dynamics also rose roughly 4%.

Steel Dynamics, Nucor, and Cleveland-Cliffs shares rise as escalating U.S.-Canada trade tensions put steel tariffs back in focus.

Nucor and Steel Dynamics tumbled last week on the prospect of lower steel tariffs.

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) today announced that the U.S. Department of Energy (DOE) has established a framework for Cliffs to finalize negotiations and implementation plans for its Middletown Works investment, rescoping the previously awarded $500 million DOE grant. The optimization project represents a $1 billion total investment in Middletown Work...

Cleveland-Cliffs reported higher first-quarter revenue as steel demand continued to improve despite continuing global tensions.