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Cleveland-Cliffs (CLF) is in focus after committing US$1b to modernize its Middletown Works facility in Ohio, supported by a US$500m U.S. Department of Energy award that increases attention on operations and sustainability. Recent trading reflects that story. Cleveland-Cliffs’ 30-day share price return of 11.91% and 7-day gain of 3.65% point to building short-term momentum, even though the year-to-date share price is down 8.09% and the 5-year total shareholder return is down 39.02%. Scan how...

Cleveland-Cliffs' $1 billion Middletown Works investment will modernize the Ohio facility, boost efficiency and protect 2,300 jobs.

Cleveland-Cliffs (CLF) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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