CLF Stock Recent News

Cleveland-Cliffs is transforming from a struggling steelmaker to a focused, cost-cutting auto steel leader, with major operational improvements underway. Aggressive cost reductions, facility closures, and a renewed focus on automotive steel position Cliffs for a sharp EBITDA rebound as tariffs boost domestic demand. The expiration of a loss-making slab contract and rising steel prices are set to drive free cash flow, and margin recovery in late 2025 and 2026.

Markets are always looking ahead. So, it was no surprise that steel stocks charged higher in 2021 and 2022 as Congress passed the Infrastructure Investment and Jobs Act (IIJA) in 2021.

CLF unveils a $150M stainless steel anneal line at Coshocton Works, boosting quality with hydrogen tech.

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce its second-quarter 2025 earnings results before the U.S. market open on Monday, July 21, 2025. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on the same morning, July 21, 2025, at 8:30 am ET. The call can be accessed at www.clevelandcliffs.com and will also be archived and available for replay at that.

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced the commissioning of its new state-of-the-art Vertical Stainless Bright Anneal Line at its Coshocton Works facility in Coshocton, Ohio. This $150 million capital investment has been completed and will supply premium stainless steel for high-end automotive and critical appliance applications. The new annealing line uses a 100% hydrogen atmosphere, replacing the conventional acid-based processing, and includes a hydroge.

Cleveland-Cliffs (CLF) concluded the recent trading session at $7.33, signifying a -4.43% move from its prior day's close.

The S&P Steel Index is gaining in 2025, buoyed by a combination of tariff leverage, robust balance sheets, and strong returns on capital.

In the latest trading session, Cleveland-Cliffs (CLF) closed at $7.37, marking a -8.1% move from the previous day.

Cleveland-Cliffs (CLF -8.54%) stock fell 8.5% through 2:10 p.m. ET Tuesday after Reuters reported on new trade negotiations between the U.S. and Mexico that could significantly roll back 50% tariffs on steel imports -- which had themselves been announced only last week.

Bloomberg reported Tuesday that a quota deal with Mexico would let some steel imports enter the U.S. tariff-free.