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CLF News3 articles
Cleveland-Cliffs Rebounds on Q1 Loss, Upbeat Cash Flow View
Cleveland-Cliffs shares jumped 7.37% to $9.76 Friday after a Q1 net loss of $229M, as management forecasts a stronger Q2 with higher shipments and prices.
Cleveland-Cliffs Leads Steel Sector Lower Amid Auto Demand Woes
Cleveland-Cliffs shares dropped over 5% on Friday, the steepest decline among major U.S. steel producers, as the sector faced pressure from weak automotive demand and a broader market selloff.
Materials Sector Gains Amid Tariff Uncertainty, Gold Jumps
The materials sector advanced Friday despite pressure on steel producers from tariff speculation, while gold rallied sharply on renewed rate cut hopes.