The most recent trading session ended with Cleveland-Cliffs (CLF) standing at $20.30, reflecting a -1.98% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.17%. At the same time, the Dow lost 0.06%, and the tech-heavy Nasdaq lost 0.55%.Heading into today, shares of the mining company had gained 2.88% over the past month, outpacing the Basic Materials sector's loss of 0.03% and lagging the S&P 500's gain of 3.98% in that time.Market participants will be closely ...

A month has gone by since the last earnings report for Cleveland-Cliffs (CLF) . Shares have added about 2.9% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Cleveland-Cliffs due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Cleveland-Cliffs' Q4 Earnings Beat, Reve ...

Cleveland-Cliffs (CLF) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this mining company have returned +2.9%, compared to the Zacks S&P 500 composite's +4% change. During this period, the Zacks Mining - Miscellaneous industry, which Cleveland-Cliffs falls in, has lost 7.3%. The key question now is: What could be the stock's future direction?While media ...

Sustainability emerges as the defining trend for the future, with clean steel positioned as a key narrative.The surge in demand for steel post-coronavirus crisis, coupled with supply chain disruptions, catapulted steel prices to historic highs in late 2021. While prices moderated, sustained demand from green energy has kept them above historical averages.Consequently, the clean steel movement may address the long-term supply deficit. Legacy steel companies such as ArcelorMittal (NYSE:MT) recently led a $120 ...

Cleveland-Cliffs Inc. (CLF) recently announced its decision to indefinitely idle its tinplate production plant located in Weirton, WV, in April 2024. This action follows the unanimous decision by all four members of the International Trade Commission (ITC) to reject the implementation of anti-dumping and countervailing duties on tin mill products, as determined by the Department of Commerce. Approximately 900 employees will be affected by the move. Cleveland-Cliffs is committed to providing relocation oppor ...

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it will be indefinitely idling its tinplate production plant located in Weirton, West Virginia in April 2024. The need to idle the Weirton plant is a direct result of the unanimous decision issued by all four members of the International Trade Commission (ITC) negating the implementation of anti-dumping and countervailing duties on tin mill products calculated by the Department of Commerce. A WARN notice is being issued today ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-8944 CLEVELAND-CLIFFS INC. (Exact name of registrant as specified in its charter) Ohio 34-1464672 (State or Other Jurisdiction of ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...

Cleveland-Cliffs (CLF) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this mining company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between ...

Cleveland-Cliffs Inc. (NYSE:CLF) Q4 2023 Earnings Conference Call January 30, 2024 8:30 AM ET Company Participants Celso Goncalves - Executive Vice President and Chief Financial Officer Lourenco Goncalves - Chairman, President, and Chief Executive Officer Conference Call Participants Lucas Pipes - B. Riley Securities Timna Tanners - Wolfe Research Tristan Gresser - BNP Paribas Exane Bill Peterson - J.P. Morgan Alex Hacking - Citi Operator Good morning, ladies and gentlemen. My name is Mellisa, and I am your ...