The current TTM dividend payout for Cleveland-Cliffs (CLF) as of April 06, 2022 is $0.00. The current dividend yield for Cleveland-Cliffs as of April 06, 2022 is 0.00%.
Similarly, Why is CLF tanking?
CLF stock has declined over recent weeks following a drastic decline in global iron ore prices. Iron ore prices have declined more than 17% in the last one month. Compared to its high of $230/ton in July 2021, iron ore price per ton has halved to $117 currently.
What dividend does CLF pay? Cleveland-Cliffs (NYSE: CLF) does not pay a dividend.
Thereof, What does CLF produce?
We produce carbon, stainless, electrical, and third-generation advanced high-strength carbon and specialty steels for all major markets. We are the leader in the automotive steel marketplace and help our customers design lighter, more fuel-efficient vehicles that maintain superior strength and safety performance.
Does US steel pay a dividend?
The current TTM dividend payout for United States Steel (X) as of April 14, 2022 is $0.20. The current dividend yield for United States Steel as of April 14, 2022 is 0.54%. United States Steel Corporation is an integrated steel producer with major production operations in the United States and Central Europe.
Why does CLF drop?
The drop in CLF stock recently has been driven by the fall in iron ore prices. The global price of iron ore per ton has fallen below $100. It currently stands at $94, which marks a decrease of 22% from the level of $121/ton seen a month back. Efforts of decarbonization in China have led to the drop in iron ore prices.
Is CLF a meme stock?
(NYSE: CLF) may be the unlikeliest of meme stocks. The company was founded 175 years ago. Looking at the short term, since November of 2020, the share price has risen by around 193%, after peaking at nearly 240% in mid-August of 2021.
Why is CLF stock falling?
Cleveland-Cliffs stock is falling after its fourth-quarter earnings disappointed the market. Shares of the steelmaker are inexpensive, but investors fear falling profits—and sliding prices for the metal. Cliffs (ticker: CLF) stock was down 3.1% on Friday morning.
How does CLF make money?
What Does CLF Offer? CLF produces iron ore pellets from its mines and pellet plants located in Michigan and Minnesota, for use in blast furnaces as part of the steel making process, as well as iron ore concentrate.
What does CLF company do?
About Cleveland-Cliffs Inc
Cleveland-Cliffs Inc. is an integrated mining and flat-rolled steel producer. It is engaged in manufacturing iron ore pellets.
What is CLF stand for?
CLF
| Acronym | Definition |
|---|---|
| CLF | Central Liquidity Facility |
| CLF | Common Log Format |
| CLF | Civilian Labor Force |
| CLF | Common Look and Feel |
What stock paid the highest dividend?
9 highest paying S&P 500 dividend stocks:
- The Williams Cos. Inc. (WMB)
- Iron Mountain Inc. (IRM)
- PPL Corp. (PPL)
- Oneok Inc. (OKE)
- Kinder Morgan Inc. (KMI)
- Altria Group Inc. (MO)
- Lumen Technologies Inc. (LUMN)
- AT&T Inc. (T)
Who owns US Steel today?
By 2018, the company was the world’s 38th-largest steel producer and the second-largest in the US, trailing only Nucor Corporation.
…
U.S. Steel.
| Type | Public |
|---|---|
| Total assets | US$12.059 billion (2020) |
| Total equity | US$3.786 billion (2020) |
| Number of employees | 23,350 (2020) |
| Website | USSteel.com |
Why are steel stocks falling?
India’s steel stocks declined after analysts downgraded the mills citing falling prices of the alloy and high raw material costs. Jefferies downgraded Tata Steel Ltd. and JSW Steel Ltd. from ‘buy’ to ‘hold’ and ‘underperform’, respectively.
Is CLF undervalued?
(NYSE:CLF) Suggests It’s 49% Undervalued.
Is CLF being shorted?
7.00% of Cleveland-Cliffs’ shares are currently sold short.
Does Cramer like Cleveland-Cliffs?
It’s that time again! “Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
Is Cleveland-Cliffs a good company?
Is Cleveland-Cliffs a good company to work for? Cleveland-Cliffs has an overall rating of 3.7 out of 5, based on over 281 reviews left anonymously by employees. 67% of employees would recommend working at Cleveland-Cliffs to a friend and 71% have a positive outlook for the business.
Does Cleveland-Cliffs have a union?
Goncalves added, “We embrace our Unions as partners and allow for participation in our success. Our partnership is a powerful one, and with this latest deal, we will maintain our competitive cost structure in flat-rolled steel relative to any of our peers.” About Cleveland-Cliffs Inc.
What sector is CLF stock in?
Cleveland-Cliffs, Inc. is a flat-rolled steel producer, which supplies iron ore pellets to the North American steel industry. It engages in the production of metallics and coke, iron making, steelmaking, rolling and finishing, and downstream tubular components, stamping, and tooling.
Who are Cleveland-Cliffs competitors?
Cleveland-Cliffs’s competitors
Cleveland-Cliffs’s top competitors include Howmet Aerospace, Gerdau, Sandvik, China Minmetals and Barrick Gold Corporation. Cleveland-Cliffs (formerly Cliffs Natural Resources) is a company operating in the iron ore mining and steel industry.
Is Cleveland-Cliffs still in business?
In 2020, Cleveland-Cliffs conducted a transformation that will keep the company thriving for the next century with the acquisition of two prominent steel companies in the United States. Today, we are now the largest flat-rolled steel company and the largest iron ore pellet producer in North America.
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