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.
Similarly, Is Cleveland-Cliffs a good buy?
Is Cleveland-Cliffs a good buy? Yes. Share prices are low right now and should go back up over time. Investors should treat this opportunity as a long-term investment.
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.
Thereof, What does CLF company do?
Cleveland-Cliffs Inc. is an integrated mining and flat-rolled steel producer. It is engaged in manufacturing iron ore pellets. It is vertically integrated from mined raw materials, direct reduced iron and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing.
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.
Who owns CLF stock?
Top 10 Owners of Cleveland-Cliffs Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 7.92% | 41,589,740 |
| BlackRock Fund Advisors | 6.62% | 34,797,978 |
| Fidelity Management & Research Co… | 4.59% | 24,101,186 |
| SSgA Funds Management, Inc. | 2.91% | 15,270,791 |
What sector is CLF stock?
Description. Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America.
How much debt is CLF?
Compare CLF With Other Stocks
| Cleveland-Cliffs Debt/Equity Ratio Historical Data | ||
|---|---|---|
| Date | Long Term Debt | Shareholder’s Equity |
| 2019-06-30 | $3.11B | $0.29B |
| 2019-03-31 | $3.05B | $0.26B |
| 2018-12-31 | $3.11B | $0.42B |
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.
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 |
Who owns arcelormittal steel?
Lakshmi Mittal (owner of Mittal Steel) is the executive chairman. His family owns 40% of the shares and voting shares in the company. After a $3 billion rights issue earlier in April 2016, the company by 21 April 2016 had a share value of 16,616 million euros, distributed in 3,065,710,869 shares.
Is Cleveland-Cliffs a good company to work for?
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.
How many people work for Cleveland-Cliffs?
Headquartered in Cleveland, Ohio, Cleveland-Cliffs employs approximately 26,000 people across its operations in the United States and Canada.
How many people work cliffs?
Headquartered in Cleveland, Ohio, we employ approximately 25,000 people across our mining, steel and downstream manufacturing operations in the United States and Canada.
Where is Cleveland-Cliffs based out of?
CLEVELAND-CLIFFS INC. is North America’s largest supplier of iron-ore pellets to the steel industry and is the oldest iron-mining firm with headquarters in Cleveland.
How many shares does Cleveland-Cliffs have?
Share Statistics
| Avg Vol (3 month) 3 | 23.76M |
|---|---|
| Shares Outstanding 5 | 524.41M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 479.61M |
| % Held by Insiders 1 | 1.33% |
How high can Cleveland-Cliffs stock go?
The 8 analysts offering 12-month price forecasts for Cleveland-Cliffs Inc have a median target of 32.00, with a high estimate of 46.00 and a low estimate of 23.50. The median estimate represents a -0.03% decrease from the last price of 32.01.
How much is US Steel debt?
U. S. Steel’s pro-forma debt outstanding debt at the time of BRS acquisition in January 2021 was approximately $7 billion.
How many shares does Cleveland Cliffs have?
Share Statistics
| Avg Vol (3 month) 3 | 23.76M |
|---|---|
| Shares Outstanding 5 | 524.41M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 479.61M |
| % Held by Insiders 1 | 1.33% |
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