Cleveland-Cliffs: $4 Billion Outlook Fuels Steel Stock Surge!
Reading Time: 3 minutes
A normalized profit of $0.28 per share significantly exceeds expectations, with a forecast of over $4 billion in EBITDA for 2027 driving momentum Tariff protection, low imports, and new supply agreements with minimum purchase commitments secure pricing power for the steelmaker. Revenues from real estate sales and increasing cash flow are expected to significantly reduce high debt levels by mid-2027. The Cleveland-Cliffs from Ohio is the largest flat steel producer and supplier of iron ore pellets in North America, covering...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
