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Cleveland-Cliffs pulled in $19.2 billion in revenue last year during 'worst year for steel demand since 2010'
Cleveland-Cliffs pulled in $19.2 billion in revenue last year during the "the worst year for domestic steel demand since 2010," not counting when the coronavirus pandemic started in 2020.
Cleveland-Cliffs Eyes Better Year After Flagging Drop in Revenue in 2024
Cleveland-Cliffs expects to bounce back from a tough year for steel in 2024, with orders already showing signs of improving and benefits expected to flow through from the White House's sweeping tariffs.
Cleveland-Cliffs Provides Preliminary Fourth-Quarter and Full-Year 2024 Results
Cleveland-Cliffs Inc. (NYSE: CLF) today announced its preliminary fourth-quarter and full-year 2024 financial results for the period ended December 31, 2024. The Company completed its acquisition of Stelco Holdings Inc.
Cleveland-Cliffs sees FY24 revenue $19.2B, consensus $19.27B
Sees FY24 adjusted EBITDA loss $775M. Sees FY24 steel shipments 15.6M net tons. Lourenco Goncalves, Cliffs’ chairman, president, and CEO said:
Cleveland-Cliffs Issues Preliminary Q4 and Full-Year 2024 Results
Cleveland-Cliffs Inc. CLF has released its preliminary fourth-quarter and full-year 2024 financial results. On Nov. 1, 2024, the company closed the acquisition of Stelco Holdings Inc. Due to the accounting integration linked with the transaction,
Crain's Cleveland Business
2d
Cleveland-Cliffs CEO praises Trump's new tariffs on Canada, Mexico
As the fallout from the new tariffs continues across the globe, though, Cleveland-Cliffs President and CEO Lourenco Goncalves ...
17h
Steelworkers chief, Cleveland-Cliffs seek dismissal of lawsuit over U.S. Steel merger opposition
USW and Cleveland-Cliffs seek dismissal of U.S. Steel lawsuit, citing free speech in opposing Nippon Steel merger on national ...
2d
Cleveland-Cliffs Predicts Q4 Revenue Miss & EBITDA Loss, CEO Applauds Trump's Tariffs For 2025 Boost
Cleveland-Cliffs Inc. (NYSE:CLF) shares are trading lower Monday after the company reported preliminary results. For the ...
5h
on MSN
Steelworkers union head files motion to dismiss lawsuit by US Steel, Nippon Steel
The United Steelworkers said Wednesday it filed a motion to dismisss a lawsuit by US Steel (NYSE:X) and Nippon Steel ...
Hosted on MSN
2d
Cleveland-Cliffs Stock Slides As Preliminary Q4 Results Fall Below Expectations: Retail Remains Bearish
Shares of Cleveland-Cliffs Inc. (CLF) tumbled in mid-day trade on Monday, falling by nearly 5% as the company’s preliminary ...
2d
Cleveland-Cliffs Q4 Prelim. Revenue Slips, Proposes $750 Mln Senior Notes
Cleveland-Cliffs Inc. (CLF), a steel maker, on Monday reported a decline in preliminary revenue for the fourth quarter due to muted ...
Recycling Today
2d
Cliffs foresees red ink in late 2024
The earnings before interest, taxes, depreciation and amortization (EBITDA) loss of $85 million in the fourth quarter will ...
15h
USW union chief files motion to dismiss lawsuit by US Steel, Nippon Steel
The two steelmakers filed a lawsuit against McCall, rival bidder Cleveland-Cliffs, its CEO Lourenco Goncalves last month "for ...
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