High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
The steel producer’s earnings are expected to more than double in the coming months as steel prices continue to climb and supplies remain tight as a result of tariffs.
Cleveland-Cliffs Inc (CLF) reports a significant turnaround with tripled EBITDA and a return to positive free cash flow, setting optimistic guidance for the next quarter.
Moby summary of Cleveland-Cliffs Inc.'s Q2 2026 earnings call
Cleveland-Cliffs (NYSE:CLF) said it returned to positive free cash flow in the second quarter of 2026 and expects a substantially stronger second half of the year, driven by higher steel prices, improved automotive demand, lower costs and higher shipment volumes. Chairman and CEO Lourenco Goncalves
Shares of Cleveland-Cliffs are up about 16% after the steelmaker forecast profits in the back half of the year will be the strongest in five years. Cliffs is the largest producer of steel for the automotive industry. Goncalves said he would consider restarting an idle steel mill in Dearborn, Mich., if automakers commit to relocating more vehicle production to the U.S. from Mexico, Canada or South Korea.
Cleveland-Cliffs (NYSE:CLF) shares climbed nearly 7% in premarket trading on Thursday after the steel producer issued a stronger-than-expected outlook for the third quarter, despite reporting a slight earnings miss for the second quarter. Investors focused on the company’s improving profitability and expectations for a significant increase in EBITDA during the current quarter.
Cleveland-Cliffs reported higher first-quarter revenue as steel demand continued to improve despite continuing global tensions.
Cleveland-Cliffs (CLF) heads into its July 23 earnings report with rising expectations for improved earnings and revenue year over year, while recent share declines highlight mixed sentiment around the upcoming results. See our latest analysis for Cleveland-Cliffs. The Cleveland-Cliffs share price has come under pressure recently, with a 30 day share price return down 26.81% and a year to date share price return down 31.76%. The 1 year total shareholder return is down 2.11%, pointing to...
Pre-Market Stock Futures: Futures are trading mixed as we prepare to finish the last full week of the second quarter. We finished a wild holiday-shortened trading week last Thursday, as Friday was the federal Juneteenth holiday, and all major indices rebounded smartly from the Federal Reserve-induced sell-off on Wednesday. Details of the signed memorandum of ... Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Apple, Boyd Gaming, BWX Technologies, Conoco-Phillips, Estee Laud
President Trump’s second-term trade agenda has hardened into a structural policy regime, with U.S. steel imports sitting at their lowest levels since the global financial crisis. That backdrop has turned the under-$40 corner of the industrial market into one of the most asymmetric setups in the market, where a single multi-quarter pricing cycle can re-rate ... 1 Cash-Rich Industrial Titan Under $40 to Buy Hand Over Fist to Capitalize on the New Trump Tariff Supercycle
We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.