Cleveland-Cliffs Stock News

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE:CLF) today announced that its wholly-owned subsidiary, Stelco Inc., has delivered a letter to Canada's Minister of Industry, Mélanie Joly, providing an updated report on Stelco's compliance with the undertakings made in connection with Cleveland-Cliffs' acquisition of Stelco under the Investment Canada Act (ICA). Together with its legal co...

Canada on Thursday gave US steelmaker Cleveland-Cliffs 15 days to reverse ‌planned job cuts at an Ontario steel mill or ​face sanctions that could ​include a forced divestiture of ⁠the plant.

Cleveland-Cliffs (CLF) stock rallied on Monday after the steelmaker delivered a return to quarterly profitability and an unexpectedly ambitious earnings outlook. As investors reassessed how much the company could earn in 2027, CLF broke above its 20-day moving average (MA), indicating bulls have taken back control of the near-term.

Cleveland-Cliffs Inc. (NYSE:CLF), the North American steel producer, expects adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) to exceed $4 billion in 2027 after stronger steel prices and improved operating performance lifted third-quarter results. The company reported adjusted EBITDA of $612 million for the three months to September 30, up $326 million from the p...

Cleveland-Cliffs shares jumped after the steelmaker issued a stronger-than-expected outlook. The firm's quarterly results also topped estimates.

Cleveland-Cliffs reports third-quarter Ebitda of $612 million from sales of $5.6 billion. Wall Street was looking for about $601 million and $5.7 billion, respectively.

Cleveland-Cliffs swung to a third-quarter profit as sales rose, as the company sold more steel products and at higher prices.