Lourenco Goncalves also said that new supply deals with automakers will take time to show up on the steelmaker’s income statement.
This $96 Million Steel Bet Signals Conviction in Cleveland-Cliffs Despite a $1.4 Billion Annual Loss
North America’s largest flat-rolled steel producer serves key sectors like automotive and infrastructure with a vertically ...
The steelmaking and iron mining company has predicted a sales volume increase and a better steelmaking margin for 2026.
U.S. steel and aluminum stocks were lower in early trading on Friday.
The steel stock crashed post-earnings, but the sell-off intensified after CEO Lourenco Goncalves sold three million shares at ...
6don MSN
Nucor, Cleveland-Cliffs, Alcoa slide as Trump reportedly mulls steel & aluminum tariff rollback
Steel's protection party may be ending. Shares of Nucor Corp NUE, Cleveland-Cliffs Inc CLF, and Alcoa Corp AA fell Friday ...
Cleveland-Cliffs (NYSE:CLF) has reportedly agreed to sell steel to certain U.S. automakers for a fixed price over the next three years, briefly driving up the share price of the steel producer.
CEO Lourenco Goncalves says the low-carbon fuel that was awarded a $500 million DOE grant can’t move forward. U.S. steel producer Cleveland-Cliffs is moving on from hydrogen. Cleveland-Cliffs CEO ...
At this point, Cleveland-Cliffs is a vertically integrated steel maker. That means it owns steel mills, but it also owns the key inputs it requires to make steel, like iron ore. Although the company ...
Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has successfully completed a production trial in collaboration with a major automotive OEM, in which Cleveland-Cliffs’ exposed steel parts ...
The CEO steelmaker Cleveland-Cliffs has thanked the Trump administration for placing tariffs on additional inbound steel and aluminum products. “We have identified and denounced circumvention schemes ...
Not too long ago, Cleveland-Cliffs (NYSE: CLF) didn't make steel -- it was just a supplier to the steel industry. Then a series of huge acquisitions changed the story. Now Cleveland-Cliffs is one of ...
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