Cleveland-Cliffs Watchlist

tz-plus logo Cleveland-Cliffs - US Steel Company Benefits from Economic Recovery - Entry into Rare Earth Mining Causes Stock Surge!

M. Springman
Reading Time: 1 minute

Business Driver: Cleveland-Cliffs (CLF) is a steel and mining company in North America. The company is particularly well-positioned in flat steel products as well as steel pipe products, addressing key industries such as automotive, building materials, and mechanical engineering with its offerings. In the recently concluded Q3, the adjusted earnings per share had a loss of -45 cents, better than expected (consensus: -48 cents per share). As announced on October 20, Cleveland-Cliffs is considering entering the rare earth mining sector, which...

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