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Motley Fool Transcribing, The Motley Fool. July 23, 2024 at 1:15 PM. Logo of jester cap with thought bubble. Image source: The Motley Fool. Cleveland-Cliffs (NYSE: CLF) Q2 2024 Earnings Call. Jul ...
Cleveland-Cliffs Inc. ( CCI, formerly Cliffs Natural Resources) is an American steel manufacturer based in Cleveland, Ohio. They specialize in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling. The company was the world's 25th-largest steel producer and the third-largest in the United ...
His tenure as Cleveland-Cliffs CEO has been a journey from the red to the black. When he took over the 176-year-old scrap metal firm in 2014, the company ended the year with revenues of $4.6 ...
NEW YORK (Reuters) -U.S. Steel Corp is locked in a spat with rival steelmaker Cleveland-Cliffs Inc over a confidentiality pact that would allow the latter to participate in a sale process that is ...
History. Weirton Steel Corporation was an integrated steel mill founded in 1909 by Ernest T. Weir. In 1905, Weir and his partner, James Phillips, bought a tin mill in Clarksburg, West Virginia. In 1909, they relocated to Hollidays Cove, West Virginia, and expanded the operation. The location was chosen due to the abundant water supply, much ...
Cleveland-Cliffs CEO Lourenco Goncalves took time out of his company's third-quarter earnings call to attack a Goldman Sachs analyst and short sellers. It's not the first time Goncalves had a ...
Cleveland-Cliffs announced earlier Sunday that it had made an offer valuing the U.S. Steel at $7.3 billion, based on $17.50 a share in cash and 1.023 shares of Cliffs stock.
Cleveland Cliffs acquired AK Steel in 2019 right before steel prices began to spike and within a year, it acquired ArcelorMittal USA in 2020 for $1.4 billion. U.S. Steel bought Big River Steel the ...