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Job cuts fall afoul of pledges made when U.S. company acquired Canadian steelmaker, union says

A $15 billion foreign-owned steel mill is rising in Iowa, and the moment its first steel ships in 2030, it will reshape the competitive landscape for two of America's biggest steelmakers in very different ways.

Cleveland-Cliffs (CLF) concluded the recent trading session at $11.22, signifying a -7.88% move from its prior day's close.

Investing.com -- Cleveland-Cliffs Inc. shares tumbled nearly 8% in late Monday trading following reports that its Canadian subsidiary, Stelco Holdings Inc., plans to halt operations at a key Ontario processing facility. The decline reflects growing market concern over the compounding toll of trade frictions on North American steel supply chains.

U.S. parent company says jobs at its Lake Erie Works location will be offered to many of the affected employees

Cleveland-Cliffs' (CLF) Stelco expects to indefinitely suspend some steel operations in Hamilton, On

Cleveland-Cliffs is falling far harder than Nucor, Steel Dynamics, and the broader steel sector combined, and the reason traces back to a policy question that cuts against the company in two directions at once.

Cleveland-Cliffs is surging well past its steel peers on Tuesday with no confirmed catalyst behind the move, and the gap between its year-to-date performance and Nucor's tells a story about where the next trade could be hiding.

Cleveland-Cliffs (CLF) concluded the recent trading session at $12.07, signifying a -3.44% move from its prior day's close.

Cleveland-Cliffs Inc. recently confirmed a US$1.00 billion modernization program for its Middletown Works steel facility in Ohio, supported by a US$500.00 million award from the U.S. Department of Energy, to be deployed over four years while keeping production online. This rescoping of a prior decarbonization initiative highlights Cleveland-Cliffs’ focus on updating legacy operations and improving the sustainability profile of one of its key U.S. plants. Next, we’ll examine how this US$1.00...

The latest trading day saw Cleveland-Cliffs (CLF) settling at $12.5, representing a -2.04% change from its previous close.

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.

In the latest trading session, Cleveland-Cliffs (CLF) closed at $12.06, marking a +1.94% move from the previous day.

Cleveland-Cliffs (CLF) concluded the recent trading session at $12.09, signifying a -1.63% move from its prior day's close.

In the closing of the recent trading day, Cleveland-Cliffs (CLF) stood at $12.28, denoting a -1.13% move from the preceding trading day.

Cleveland-Cliffs (NYSE: CLF) secured U.S. Department of Energy support to finalize a major co-funded investment at its Middletown Works facility. The project includes advanced technological upgrades and a new cogeneration facility aimed at improving energy efficiency and operational reliability. The agreement is expected to have a significant employment impact at Middletown Works and supports Cleveland-Cliffs' broader sustainability goals in steel production. Cleveland-Cliffs is only one...

Cleveland-Cliffs Inc. (NYSE:CLF) announced on August 21 that the U.S. Department of Energy (DOE) established a framework to finalize negotiations for its Middletown Works investment. The optimization project represents a $1 billion total investment in the facility, with funding shared equally between Cleveland-Cliffs and the DOE through a rescoped $500 million grant. The project will […]

Cleveland-Cliffs is rated a Buy, capitalizing on improved fundamentals and a disconnect between price and operational progress. Read more on CLF stock here.

Cleveland-Cliffs (CLF) closed the most recent trading day at $11.52, moving +1.95% from the previous trading session.

The move walks back a previous plan to replace the facility’s coal-powered infrastructure with low-emissions technology funded by federal tax dollars, environmental groups said.

Cleveland-Cliffs (NYSE:CLF) shares gained 2. 0% in pre-market trading to $11.

Cleveland-Cliffs (CLF) has drawn fresh investor attention after outlining a US$1b modernization of its Middletown Works plant, supported by a US$500m Department of Energy grant and aimed at cleaner, more efficient automotive-grade steel production. See our latest analysis for Cleveland-Cliffs. Cleveland-Cliffs shares recently reacted to the Middletown Works announcement, with a 1-day share price return of 4.93% and a 30-day share price return of 19.26%, while the year-to-date share price...

Cleveland-Cliffs has delivered a decline of 53.8% over the past five years, yet both its Discounted Cash Flow (DCF) intrinsic value estimate and market multiples currently point to the stock trading at an undervalued level compared with those frameworks. The share price has fallen 53.8% over five years, which means long term holders have taken a heavy hit even though the current valuation work suggests a discount to intrinsic value. The planned US$1b upgrade at the Middletown Works plant,...

Cleveland-Cliffs recently announced a US$1.00 billion modernization of its Middletown Works steel plant in Ohio, supported by a reworked US$500.00 million Department of Energy grant that will fund advanced furnace, energy, and AI process-control upgrades while keeping production running and preserving thousands of jobs. This federal–corporate partnership effectively underwrites half of a large-scale upgrade to a key auto-focused steel facility, with implications for Cleveland-Cliffs’...

Cleveland-Cliffs stock rallies on plans of $1 billion investment in Middletown Works facility. Here’s why the announcement is bullish for CLF shares.

Cleveland-Cliffs is investing $1 billion in its flagship Ohio plant.

Cleveland-Cliffs Inc. announced a $1 billion investment to upgrade its Middletown Works steel plant, supported by a $500 million grant from the U.S. Department of Energy (DOE).

The steel maker said the investment will be used to upgrade Middleton Works’ blast furnace, advanced material-handling infrastructure, and AI-powered process-control technologies.

Cleveland-Cliffs said the US Department of Energy has established a framework to finalize implementation plans for its $1B modernization project at the Middletown Works facility in Ohio.

Vice President JD Vance has returned to his hometown to campaign for Republican candidates at a steel plant where his grandfather worked.

Is it a good or bad thing when a stock experiences a golden cross technical event?

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.