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-0.00485436893203873 0.00728155339805831 -0.00242718446601937 -0.00728155339805831 -0.00485436893203873 -0.0473300970873786 -0.051504854368932 -0.078883495145631
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Cleveland-Cliffs Inc. Provides Company Update

Cleveland-Cliffs Inc. (CLF) 
Last cleveland-cliffs inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: Business Wire
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (the “Company”) today provided the following company update.Cliffs’ Chairman, President, and Chief Executive Officer Lourenco Goncalves said, “The constantly evolving COVID-19 situation has been an ongoing backdrop for the actions we have taken to keep our employees and our Company healthy for the long term. With these goals in mind, we have made several adjustments to our operating profile and workplace safety procedures.” Mr. Goncalves added, “Automotive manufacturing has always been the backbone of the Cleveland-Cliffs business, even before the acquisition of AK Steel. As such, we have performed stress tests of our liquidity in the most extreme scenarios imaginable to us, which includes a prolonged demand outage and irrational prices for iron ore and hot rolled steel. After performing these stress tests, we have concluded that we are very comfortable with our forward looking liquidity position.”Cliffs’ business updat Show less Read more
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