Cleveland-Cliffs (CLF) Stock

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) announced today that it intends to offer to sell, subject to market and other conditions, $750 million aggregate principal amount of Senior Guaranteed Notes due 2031 (the “Notes”) in an offering that is exempt from the registration requirements of the Securities Act of 1933 (the “Securities Act”). The Notes will be guaranteed on a senior unsecured basis by Cliffs' material direct and indirect wholly-owned domestic subsidia.

CLEVELAND--(BUSINESS WIRE)--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. (“Stelco”) on November 1, 2024. Due to the accounting integration associated with the acquisition, only selected preliminary financial information is available at this time. The Company plans to announce its complete fourth-quarter and full-year 2024.

Cleveland-Cliffs (CLF) has recently caught the attention of many Zacks.com users. Therefore, it's important to look into what the future holds for this stock.

In the past year, United States Steel's stock has fallen nearly 25%, while the S&P 500 index has risen by 24%. This decline in U.S. Steel's stock is similar to other companies in the industry, such as Cleveland Cliffs, which has dropped 43%, Rio Tinto, down 10%, and VALE, which has decreased by 34%.

At the end of the last trading day, Cleveland-Cliffs (CLF) was priced at $10.09, which represents a decrease of 1.75% compared to the day before.

Cleveland-Cliffs Inc. (NYSE: CLF) will release its earnings results for the full year and fourth quarter of 2024 after the U.S. market closes on Monday, February 24, 2025. The company invites everyone to join a live conference call with analysts and investors to discuss these results on Tuesday, February 25, 2025, at 8:30 am ET. The call can be accessed on their website, and a recording will also be available later.

Users of Zacks.com have been paying a lot of attention to Cleveland-Cliffs (CLF) lately. Therefore, it's important to understand the key information that could influence the future of the stock.

In the most recent trading session, Cleveland-Cliffs (CLF) finished at $10.24, which is an increase of 0.2% compared to the day before.

Cleveland-Cliffs CEO Laurenco Goncalves discussed the current situation regarding the agreement between U.S. Steel and Nippon Steel, as well as Cleveland-Cliffs' renewed attempt to acquire U.S. Steel. #FOXBusiness Don't forget to subscribe to Fox News!