Cleveland-Cliffs (CLF) Declines 3.67% as Investors Await US-UK Steel Trade Deal

Group 1 - Cleveland-Cliffs Inc. (NYSE:CLF) shares declined by 3.67% to close at $11.29 as investors sold off positions amid uncertainty regarding President Trump's visit to the UK and discussions on the steel industry [1][2]. - The US government has disappointed the UK by not agreeing to zero tariffs on steel imports, which has implications for Cleveland-Cliffs [2]. - The UK remains optimistic about a potential trade deal concerning steel, especially after Trump indicated possible tariff relief, which could benefit Cleveland-Cliffs by providing a competitive edge through lower pricing and costs [3]. Group 2 - While Cleveland-Cliffs shows potential as an investment, there is a belief that certain AI stocks may offer higher returns with limited downside risk, suggesting a shift in focus for investors [4].