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0.0010378827192527 -0.00207576543850559 -0.00103788271925289 -0.00103788271925289 0.0020757654385054 0.00622729631551621 0.000518941359626259 -0.00213803840166061
Stock impact report

Cleveland-Cliffs Q1 Earnings Call Highlights [Yahoo! Finance]

Cleveland-Cliffs Inc. (CLF) 
Last cleveland-cliffs inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
over 4.1 million tons , and management expects Q2 to be the “best quarter in nearly two years” with further improvement into Q3 as pricing lags (now ~two months) work through results. An extreme Midwest energy spike produced an $80 million hit to Q1 EBITDA and management expects Q2 unit costs to rise about $15 per ton before falling meaningfully in the back half of the year; free cash flow was negative in Q1 due to a ~ $130 million working-capital build but liquidity remains above $3 billion and $425 million of property-sale proceeds are still expected in 2026. Executives pointed to a tighter U.S. market and stronger trade enforcement (imports at their lowest since 2009, saying Section 232 “works”), rising automotive demand as aluminum is substituted with steel, ongoing footprint optimization (idling some plate lines with no layoffs), active POSCO discussions, and imminent AI deployments to improve production planning. Interested in Cleveland-Cliffs Inc.? Here are five stocks we Show less Read more
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