Steel maker Cleveland-Cliffs had a tough finish to the year as prices for its products fell. Still, quarterly results came in better than expected, but investors Tuesday weren’t giving the company muc...
Tag: Cleveland Cliffs
Strengthen Your Portfolio With These Three Iron Ore Stocks
. Iron Ore Stocks Recent News The iron ore industry has experienced significant volatility since 2020. Prices peaked in July 2021 at nearly $225 per ton. Since then, prices have fallen more than 50%. ...
Cleveland-Cliffs Stock Plunges as Earnings Miss Estimates
Text size Cleveland-Cliffs stock has fallen a bit more than the broader market so far this year. Dreamstime Cleveland-Cliffs reported lower earnings than expected, news that sent the stock sharply low...
Cleveland-Cliffs Stock Has Gotten Crushed. Why It May Be Worth a Look.
Text size Steel prices had a roller coaster year; they went up in March and down in May. Tom Mihalek/Getty Images Recession panic has slammed Cleveland-Cliffs stock. But long-term demand for steel, pa...
8 Home-building and Steel Stocks That Offer Substantial Value
Looking for the cheapest stocks in the market now? Two industries stand out: home builders and steel makers. Barron’s screened for the 10 stocks in the S&P 500 index, S&P Midcap 400, and S&...
Cleveland-Cliffs Crushes Earnings Estimates. Contract Steel Pricing Does It.
Rising prices helped steel maker Cleveland-Cliffs report much better-than-expected first-quarter sales and earnings. Prices for Cliffs steel rose even as spot prices for steel dropped in the first qua...
Cleveland-Cliffs Stock Will Benefit From Russia’s Ukraine War. Here’s Why.
Text size Cleveland-Cliffs could benefit from a shortage of steel. Sean Gallup/Getty Images Cleveland-Cliffs stock is JPMorgan’s top pick in the steel sector, the investment bank said Thursday, as Rus...
Cleveland-Cliffs Stock Is Dropping After Earnings
Text size Prices of hot-rolled steel coil, a benchmark for the market, have dropped to $1,135 a ton from $1,900 at the end of the third quarter. Ina Fassbender/AFP via Getty Images Cleveland-Cliffs st...
U.S. Steel’s Earnings Fell Short. That Isn’t the Real Problem.
Text size The price of steel coils is dropping. Ina Fassbender/AFP via Getty Images United States Steel stock is doing nothing after a bad earnings miss. Investors just don’t appear to care about prof...