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Is There Upside Potential for Cleveland-Cliffs’s Multiple?

Annie Gilroy
Is There Upside Potential for Cleveland-Cliffs’s Multiple?

In this series, we’ve looked at fundamental factors such as supply and demand in the US steel market and the seaborne iron ore market. In this part, we’ll see how the markets are valuing Cleveland-Cliffs (CLF) stock compared to its peers and the historical multiple.