Cleveland-Cliffs Inc.

CLF

US1858991011

Iron & Steel

Market Closed - Nyse Other stock markets 01:30:02 18/05/2024 am IST			5-day change	1st Jan Change
17.51 ^USD	-0.91%		+1.10%	-14.25%

15/05	Cleveland-Cliffs CEO says Nippon-US Steel deal has 'zero chance' of US approval	RE
09/05	Activist Ancora poised to win some board seats at Norfolk Southern, sources say	RE

Cleveland-Cliffs Inc. Reaffirms Steel Product Shipments Guidance for the Full Year 2024

April 23, 2024 at 01:37 am IST

Cleveland-Cliffs Inc. reaffirmed steel product shipments guidance for the full year 2024. The company maintained all of its previously guided expectations for the full-year 2024, including: Steel shipment volumes of 16.5 million net tons.

Latest news about Cleveland-Cliffs Inc.

Cleveland-Cliffs CEO says Nippon-US Steel deal has 'zero chance' of US approval	15/05	RE
Activist Ancora poised to win some board seats at Norfolk Southern, sources say	09/05	RE
EU clears $14.9 bln purchase of U.S. Steel by Japan's Nippon	06/05	RE
Cleveland-Cliffs Insider Bought Shares Worth $1,005,666, According to a Recent SEC Filing	02/05	MT
Cleveland-Cliffs Insider Bought Shares Worth $424,875, According to a Recent SEC Filing	01/05	MT
ISS Backs Norfolk Southern CEO, Splits on Board Nominees in Proxy Fight -- Update	30/04	DJ
B. Riley Trims Price Target on Cleveland-Cliffs to $24 From $25, Keeps Buy Rating	30/04	MT
Glass Lewis backs six of Ancora's nominees for Norfolk Southern board	29/04	RE
Cleveland-Cliffs backs Ancora in Norfolk Southern proxy battle, Bloomberg says	29/04	RE
CLEVELAND-CLIFFS BACKS ACTIVIST INVESTOR ANCORA IN NORFOLK SOUTH…	29/04	RE
Materials Slip as Dollar Strength Weighs -- Materials Roundup	25/04	DJ
JPMorgan Adjusts Price Target on Cleveland-Cliffs to $23 From $24, Keeps Overweight Rating	24/04	MT
Materials Decline After Earnings -- Materials Roundup	24/04	DJ
US Equity Markets Close Higher Tuesday	24/04	MT
Top Midday Stories: Shares of GE, Novartis, Danaher and Philip Morris Up Post-Earnings; Pepsi Stock Down Post-Earnings; Apple iPhone China Sales Drop 19%; Trump Poised for Windfall From Media Company Stock	23/04	MT
Nippon Steel Cannot Close US Steel Deal Without Full Union Support, Cleveland-Cliffs CFO Says	23/04	MT
Nippon Steel Cannot Close US Steel Deal Without Full Union Support, Cleveland-Cliffs CFO Says	23/04	MT
Transcript : Cleveland-Cliffs Inc., Q1 2024 Earnings Call, Apr 23, 2024	23/04
North American Morning Briefing : Stock Futures Rise, Tesla Earnings in Focus	23/04	DJ
Cleveland-Cliffs Swings to Q1 Adjusted Earnings, Revenue Drops -- Shares Decline After Hours	23/04	MT
Earnings Flash (CLF) CLEVELAND-CLIFFS Posts Q1 Revenue $5.20B, vs. Street Est of $5.33B	23/04	MT
Earnings Flash (CLF) CLEVELAND-CLIFFS Posts Q1 EPS $0.18, vs. Street Est of $0.21	23/04	MT
Cleveland-Cliffs Inc. Reaffirms Steel Product Shipments Guidance for the Full Year 2024	23/04	CI
Cleveland-Cliffs Inc. announces an Equity Buyback for $1,500 million worth of its shares.	23/04	CI
Tranche Update on Cleveland-Cliffs Inc.'s Equity Buyback Plan announced on February 11, 2022.	23/04	CI

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Company Profile

Cleveland-Cliffs Inc. is a flat-rolled steel producer and engaged in manufacturing iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. It offers advanced high-strength steels (AHSS), hot-dipped galvanized, aluminized, galvalume, electrogalvanized, galvanneal, hot-rolled coil (HRC), cold-rolled coil, plate, tinplate, grain oriented electrical steel (GOES), non-oriented electrical steel (NOES), stainless steels, tool and die, stamped components, rail, slab and cast ingot. Its tubular components and tooling and stamping segments provide carbon and stainless steel tubing products, advanced-engineered solutions, tool design and build, hot and cold stamped steel components and complex assemblies. It serves various markets, such as automotive, infrastructure and manufacturing, steel producers, and distributors and converters.

Sector

Iron & Steel

Calendar

19/07/2024 - Q2 2024 Earnings Release (Projected)

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Ratings for Cleveland-Cliffs Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

17.51 USD

Average target price

20.79 USD

Spread / Average Target

+18.71%

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Sector Other Steel

	1st Jan change	Capi.
CLEVELAND-CLIFFS INC.	-14.25%	840.17Cr
NUCOR CORPORATION	-1.10%	4.16TCr
TATA STEEL LIMITED	+19.89%	2.48TCr
POSCO HOLDINGS INC.	-20.32%	2.27TCr
STEEL DYNAMICS, INC.	+13.40%	2.12TCr
NIPPON STEEL CORPORATION	+1.61%	1.92TCr
JFE HOLDINGS, INC.	+4.66%	926.53Cr
UNITED STATES STEEL CORPORATION	-26.19%	839.81Cr
STEEL AUTHORITY OF INDIA LIMITED	+34.98%	809.41Cr
GERDAU S.A.	-1.26%	787.5Cr

Other Steel