U.S. President Donald Trump signed an order that would impose 25% tariffs on steel and aluminum imports. Perhaps ...
Cleveland-Cliffs is one of the major players in the American steel industry. As I have mentioned in other articles on related companies, such as "Alpha Metallurgical Resources: A Diamond Among ...
Steelmaker Cleveland-Cliffs on Monday indicated interest in acquiring U.S. Steel, less than two weeks after President Joe Biden blocked Japan-based Nippon Steel’s bid to buy the embattled ...
Cliffs examining bid for U.S. Steel in high-$30s per share-source Would then sell Big River Steel mill to partner Nucor-source Follows Biden blocking Nippon Steel's $55 a share cash bid for U.S ...
For the full year of 2024, Cliffs says it shipped 15.6 million tons of steel and totaled revenue of approximately $19.2 billion. Photo courtesy of Cleveland-Cliffs Inc. Cleveland-Cliffs Inc., an iron ...
Cleveland-Cliffs CEO Lourenco Goncalves is blaming "weakness" for keeping Nippon Steel's massive bid to acquire U.S. Steel alive, complicating his company's own plans for a rival bid as the ...
Cleveland-Cliffs pulled in $19.2 billion in revenue last year during the "the worst year for domestic steel demand since 2010," not counting when the coronavirus pandemic started in 2020.
For the fourth quarter of 2024, Cleveland-Cliffs expects steel shipments of 3.8 million net tons, with revenues of around $4.30 billion (vs. consensus of $4.49 billion).
Cleveland-Cliffs Inc. CLF has released its preliminary fourth-quarter and full-year 2024 financial results. On Nov. 1, 2024, the company closed the acquisition of Stelco Holdings Inc. Due to the ...
If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not Cleveland. South Korean law enforcement officials enter presidential ...
(RTTNews) - Cleveland-Cliffs Inc. (CLF), a steel maker, on Monday reported a decline in preliminary revenue for the fourth quarter due to muted demand. The company expects new steel tariffs to ...
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