US1858991011 - Common Stock
CLEVELAND-CLIFFS INC
NYSE:CLF (5/17/2024, 4:05:00 PM)
After market: 17.45 -0.06 (-0.34%)17.51
-0.16 (-0.91%)
Cleveland-Cliffs, Inc. operates as a flat-rolled steel company, which supplies iron ore pellets to the North American steel industry. The company is headquartered in Cleveland, Ohio and currently employs 27,000 full-time employees. The firm is engaged in manufacturing iron ore pellets. The company is vertically integrated from mined raw materials, direct reduced iron and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. The company offers advanced high-strength steels (AHSS), hot-dipped galvanized, aluminized, galvalume, electrogalvanized, galvanneal, hot-rolled coil (HRC), cold-rolled coil, plate, tinplate, grain oriented electrical steel (GOES), non-oriented electrical steel (NOES), stainless steels, tool and die, stamped components, rail, slab and cast ingot. The company provides steel solutions, such as operations of tooling and stamping, which provides advanced-engineered solutions, tool design and build, hot and cold-stamped components, and complex assemblies for the automotive market. The company serves various markets, such as automotive, infrastructure and manufacturing, steel producers, and distributors and converters.
CLEVELAND-CLIFFS INC
200 Public Square, Ste. 3300
CLEVELAND OHIO 44114
P: 12166945700
CEO: C. L. Goncalves
Employees: 27000
Website: https://www.clevelandcliffs.com/
Despite liking the business models, I'm noticing some potential signs of trouble.
Cleveland-Cliffs Inc., a major customer of Norfolk Southern Corp., has backed activist investor Ancora Holdings Group in its effort to overhaul the board of the railway company.
Microsoft, Tesla, Google, GE and Chipotle were earnings winners. Meta was a notable loser.
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