Cleveland-Cliffs (CLF) is raising $600 million through senior notes offering to fund part of its Stelco acquisition and bolster liquidity.
While the top- and bottom-line numbers for Cleveland-Cliffs (CLF) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Cleveland-Cliffs (CLF) will invest $150 million in a new transformer plant in Weirton, creating 600 jobs and addressing the U.S. transformer shortage.
Cleveland-Cliffs Inc. (NYSE:CLF ) Q2 2024 Earnings Conference Call July 23, 2024 8:30 AM ET Company Participants Celso Goncalves - Executive Vice President & Chief Financial Officer Lourenco Goncalves - Chairman, President & Chief Executive Officer Conference Call Participants Lucas Pipes - B. Riley Securities Lawson Winder - Bank of America Carlos De Alba - Morgan Stanley Philip Gibbs - KeyBanc Capital Markets Operator Good morning, ladies and gentlemen.
Cleveland-Cliffs' (CLF) second-quarter sales are adversely impacted by lower volumes and prices of steel products.
Cleveland-Cliffs (CLF) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
While Cleveland-Cliffs (CLF) is expected to have benefited from lower unit costs and healthy volumes, lower prices are likely to have weighed on its Q2 performance.
The latest trading day saw Cleveland-Cliffs (CLF) settling at $15.93, representing a -1.73% change from its previous close.
Cleveland-Cliffs (CLF) agrees to acquire Stelco Holdings Inc. The buyout will expand its integrated steel production capabilities in North America.
Cleveland-Cliffs (NYSE: CLF ) stock is on the move Monday after the flat-rolled steel producer announced its acquisition of Stelco (OTCMKTS: STZHF ) for C$3.4 billion. This will have Cleveland-Cliffs paying C$70 per share for the Canadian steel company.
Cleveland-Cliffs (CLF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cleveland-Cliffs Inc (NYSE:CLF) is acquiring Canadian steel company Stelco Holdings in a $2.5 billion deal, adding 1,800 United Steelworkers (USW) union employees to its workforce.