Cleveland-Cliffs CEO Lourenco Goncalves said a lot in a lengthy Monday press conference. Amid the rhetoric was some hope for U.S. Steel investors.
Cleveland-Cliffs CEO Lourenco Goncalves said he had a plan to buy U.S. Steel after its sale to Japan's Nippon Steel collapsed. Goncalves went on a tirade against Japan during a press conference, calling the U.S. ally "evil.
The company's renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.
Cleveland-Cliffs (CLF) concluded the recent trading session at $10.05, signifying a +1.52% move from its prior day's close.
GLJ Research analyst Gordon L. Johnson II upgraded Cleveland-Cliffs Inc. CLF to Buy from Sell rating with a price forecast of $14.27.
Cleveland-Cliffs Chairman and CEO Lourenco Goncalves argues that the Sen. Marco Rubio serving as Secretary of State will be ‘bad news' for Japan.
Jim Lebenthal, chief equity strategist at Cerity Partners, joins CNBC's 'Halftime Report' to discuss why he's buying more Cleveland-Cliffs after President Biden blocked the United States Steel Corp sale to Japan's Nippon Steel.
Cleveland-Cliffs (CLF) closed at $9.40 in the latest trading session, marking a +1.08% move from the prior day.
Cleveland-Cliffs (CLF) closed at $9.30 in the latest trading session, marking a +0.65% move from the prior day.
Global mining firms face significant uncertainty heading into 2025. Ongoing geopolitical turmoil has been both a help and a hindrance—at times it has driven investors toward safe haven assets like precious metals, but it also makes operations for many mining firms more challenging.
Thwarted expectations of up to 4 rate cuts in 2025 have sent US stocks tumbling down in recent days.
Cleveland-Cliffs (CLF) reachead $9.89 at the closing of the latest trading day, reflecting a -0.6% change compared to its last close.