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Analyst Sees US Steel Price Rebound Under Trump's Pro-Tariff Stance, Upgrades Cleveland-Cliffs Stock
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.
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) provided the following statement regarding the recent developments related to the United States Government decision to prohibit the unlawful acquisition of the United States Steel Corporation by Nippon Steel of Japan: Lourenco Goncalves, Chairman, President and CEO stated: “As of this morning, Nippon Steel and U.S. Steel continue to play the blame game in a desperate attempt to distract from their own failures. Today's law.
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Appoints Jane Cronin to the Board of Directors.
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 the most recent trading day at $12.88, moving -1.3% from the previous trading session.
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce its third-quarter 2024 earnings results after the U.S. market close on Monday, November 4, 2024. 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 Tuesday, November 5, 2024, 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 addr.
In the closing of the recent trading day, Cleveland-Cliffs (CLF) stood at $12.85, denoting a +1.1% change from the preceding trading day.
HAMILTON, Ontario--(BUSINESS WIRE)--Stelco Holdings Inc. (TSX: STLC) (“Stelco” or the “Company”) today announced that the Canadian Competition Bureau has issued a “no-action letter”, confirming that the Commissioner of Competition does not intend to challenge Cleveland-Cliffs' pending acquisition of Stelco. The acquisition is expected to be completed in the fourth quarter of 2024 following the satisfaction or waiver of the remaining closing conditions. About Stelco Stelco is a low cost, integra.
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) today announced that it has received a "no-action letter" from the Canadian Competition Bureau confirming that the Commissioner of Competition does not intend to challenge Cliffs' pending acquisition of Stelco Holdings Inc. (“Stelco”). Cliffs remains on track to close the transaction this quarter. Lourenco Goncalves, Cliffs' Chairman, President and CEO, said, “We have achieved three important milestones this week toward cl.