CLF Stock Recent News
CLF LATEST HEADLINES
During a Pennsylvania rally on Friday, the president told steelworkers he would hike the tax on steel imports so Pittsburgh would be “respected around the world as the Steel City again.”
U.S. equities were mixed at midday after China hit back at the U.S. and accused Washington of violating a trade deal the two countries reached last month. President Donald Trump said on Friday that China had "totally violated" the truce they struck in Geneva.
We start a full week of trading this morning slightly in the red, based once again on — you guessed it — trade tensions. On Friday, President Trump accused China of violating its tariff agreement with the U.S., and late in the trading day Trump announced he would be doubling steel tariffs from 25% to 50%.
The U.S. imported more than $31 billion worth of steel in 2024. Transcript: While stocks are slumping overall, steel stocks got a big bump to begin the first trading day of June.
Steel stocks surged this morning after the Trump administration said over the weekend it will double steel and aluminum tariffs from 25% to 50%.
Cleveland-Cliffs Inc (NYSE:CLF) and Steel Dynamics Inc (NASDAQ:STLD) shares are surging today, after President Donald Trump announced plans over the weekend to double steel tariffs to 50% from 25%, effective Wednesday.
President Donald Trump's recent announcement to increase tariffs on imported steel and aluminum from 25% to 50%, effective June 4, 2025, has significantly influenced U.S. metal stocks. The rise in tariffs has strengthened U.S. metal producers by decreasing foreign competition and increasing domestic prices.
Trump announced at a Pennsylvania rally on Friday that he plans to double tariffs on steel imports to 50% from 25%.
Recently, Zacks.com users have been paying close attention to Cleveland-Cliffs (CLF). This makes it worthwhile to examine what the stock has in store.
NEW YORK CITY, NY / ACCESS Newswire / May 29, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cleveland-Cliffs Inc. ("Cleveland-Cliffs" or "the Company") (NYSE:CLF). Investors who purchased Cleveland-Cliffs securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CLF.