ClevelandCliffs, headquartered in Cleveland, Ohio, is a flat-rolled steel company employing 28,000, supplying iron ore pellets and various steel products to the North American steel industry. The firm serves markets including automotive, infrastructure, manufacturing, and steel producers.
CLF has been in the news recently: Cleveland-Cliffs Inc. reported narrowing losses and record steel shipments in Q2 2025, benefiting from its footprint optimization strategy. Following these strong results, the company received an upgrade to Overweight from KeyBanc, with a new price target of $14, indicating positive investor sentiment.
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